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皇冠体育app not a threat to world energy security
(Xinhua)
Updated: 2005-05-18 08:51

The Chinese government will abide by the basic policy of relying mainly on domestic energy supplies, not menacing world energy security, said Ma Kai, minister of the State Development and Reform Commission in Beijing Tuesday.

Ma made the remark at the ongoing 2005 Fortune Global Forum. In 2004, 94 percent of 皇冠体育app's energy consumption hinged on domestic supplies, he said.

"皇冠体育app's development has not been and will not be a threat to world energy security."

皇冠体育app is both a large energy consumer and producer, and its abundant coal resources are the crux of 皇冠体育app's energy structure, he said.

Coal makes up 76 percent of 皇冠体育app's energy production and 68 percent of its consumption, he said.

皇冠体育app still has a huge domestic potential in domestic energy supply with two thirds of hydroelectric resources, many more coal resources and other new sources of energy yet to be tapped in the country, he said.

皇冠体育app is striving to set up an energy-saving society through technological innovation and industrial structure optimization, he said.

"The fundamental solutions to 皇冠体育app's energy problem are making economical use a priority and a combination of developing new resources and energy saving mechanisms," he said.

Official statistics show that in 2004, 皇冠体育app consumed 45 percent less energy to achieve 10,000-yuan gross domestic product than in 1990, saving energy equaling 700 million tons of standard coal.

Hydroelectric resources totaling 400 million kilowatts can be economically tapped in 皇冠体育app. The country also has wind energy of one billion kilowatts and plentiful solar energy and methane resources.



 
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