China investing in green & nuclear technologies

Insight

China’s Vice Premier Zhang Gaoli is attending the United Nation Climate Change Summit in New York. However, at home, efforts are already underway to develop alternative energies and pursue a green economy. CCTV America’s Hou Na reports.

China investing in green & nuclear technologies

China investing in green & nuclear technologies

China's Vice Premier Zhang Gaoli is attending the United Nation Climate Change Summit in New York. However, at home, efforts are already underway to develop alternative energies and pursue a green economy. CCTV America's Hou Na reports.

Last week, ahead of the U.N. Climate Summit, the State Council approved a national plan with specific targets to tackle global warming. Among them, it called for about 15 percent of the country’s energy consumption to come from non-fossil fuels by 2020, up from 9.8 percent at the end of 2013.

Clean energy is expected to account for over half of China’s energy consumption by 2050, which explains why investors have been increasingly keen to bet their money on alternative energy.

China currently has 20 nuclear power plants. Twenty eight more reactors are already under construction. By 2020, the country expects that six percent of its electricity will be produced by nuclear power. It’s just one of the many goals toward creating a greener future.