China-U.S. dialogue establishes five priority areas for cooperation in energy and environment

The first step has already been taken. The key issue of the China-US Strategic Economic Dialogue (SED), energy and environmental cooperation, has initially reached consensus and will be given priority in five areas.
On the afternoon of the 17th, US local time, Zhang Xiaoqiang, deputy director of the China Development and Reform Commission, revealed at the press briefing that the five priority areas include: energy saving in power generation, power generation and transmission, improving energy efficiency, improving energy efficiency and reducing emissions in the transportation sector, and water pollution. Governance; governance of atmospheric pollution; conservation of natural resources in forests and wetlands.
When answering this reporter’s question on when to release energy price controls in the country, Zhang Xiaoqiang believes that because of the special circumstances this year, the country is facing the greatest price pressures in recent decades. Therefore, “We must take a very cautious attitude toward such a major adjustment in refined oil prices. This is also responsible for people’s livelihood. The key is to choose the right timing and take appropriate measures.” He said that energy price reform should adhere to several Principles: Reflect the scarcity of resource demand, reflect the relationship between market supply and demand, and reflect the cost of resources and environment that production should bear.
In the speech at the meeting that day, Zhang Xiaoqiang made six suggestions on the implementation of Sino-U.S. energy and environmental cooperation. The first suggestion mentioned that we must establish a cooperation framework that can meet the respective national policy goals and conform to the national conditions of the two countries.
"If the per capita energy consumption is based on the per capita energy consumption, the United States is six times China's in 2007. If we look at the development stage, China is in the midst and low-income development of China that is in the process of industrialization and urbanization with a per capita GDP of less than US$3,000. It is the largest developed country with a per capita GDP of more than 40,000 U.S. dollars. Therefore, our cooperation must pay attention to the different national conditions and make cooperation move forward smoothly, he said.

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