China faces three major challenges in developing a low-carbon economy

The relevant experts of the Ministry of Science and Technology recently stated at the International Forum on Climate Change and Science and Technology Innovation that the reality and national conditions have determined that China's development of a low-carbon economy will face challenges from the aspects of energy structure, development stage, and technology level.

According to reports, low-carbon economy is a relatively new formulation both internationally and domestically. Its foundation is the establishment of a low-carbon energy system, a low-carbon technology system, and a low-carbon industrial structure. It requires the establishment of a production method that is compatible with low-carbon development. The core of consumption patterns and international and domestic policies, legal systems and market mechanisms that encourage low-carbon development are technological innovation and institutional innovation.

Experts said that China's development of a low-carbon economy will face challenges. First, the coal-based energy structure is a long-term constraint to China's transition to a low-carbon development model. Second, China is in the process of industrialization, urbanization, and modernization. To improve and improve the living standards and quality of life of 1.3 billion people, we are carrying out large-scale infrastructure construction and "emissions development" will certainly increase. Third, the backwardness of the overall level of technology is a serious obstacle to China's development of a low-carbon economy. China's current technological level of energy production and utilization, industrial production, and Other areas are backward, technological development capabilities and key equipment manufacturing capabilities are poor, the industrial system is weak, and there is a big gap with the developed countries.

According to reports, the Ministry of Science and Technology has deployed and increased investment in strategic low-carbon cutting-edge technologies such as energy-saving and clean energy, renewable energy, nuclear energy, carbon capture and storage, and clean vehicles in related science and technology plans. China’s capacity for independent innovation in the field of low-carbon technologies is rapidly improving. A large number of mature low-carbon technologies are being promoted and applied in petrochemical, power, metallurgy, building materials, and manufacturing industries. New and more effective low-carbon technologies are being implemented in countries. Strongly support R&D and industrialization applications.

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