Energy saving to generate billions

China’s long-term energy conservation and renewable energy development blueprint will generate an investment worth hundreds of billions of yuan within the following five years, senior analysts with the National Development and Reform Commission (NDRC) on Friday told an energy forum hosted by China Daily.

    China, the world’s second-largest energy consumer after the United States, plans to reduce its energy costs per unit GDP growth by 2010 from the current level, aimed at an energy-saving and environmentally-friendly society, said the proposal of the 11th Five-Year Programme (2006-10) detailed recently by the central government.

Xinhua