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China plays key role in driving green transition of developing world: foreign ministers

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China plays key role in driving green transition of developing world: foreign ministers

2024-11-22 00:14 Last Updated At:13:37

As the urgency for climate action grows, China, through its cutting-edge technologies and strategic cooperative projects, is proving to be a crucial and reliable partner for other developing countries in their green transition drives, according to foreign experts and officials on the sidelines of this year's UN climate conference in Azerbaijan.

China dominates the global solar energy sector, producing nearly 80 percent of the world's solar panels. The International Energy Agency says China built more solar panels in 2023 than the entire world combined in 2022.

"In China, for the solar PV, the transition efficiency can [be] up to 27 percent, commercialized. It's the highest efficiency in the world, and also very cheap," said Wang Jinzhao, executive vice president of Center for International Knowledge on Development (CIKD).

In the second week of the COP29 in Baku, Azerbaijan, more developing countries are highlighting their cooperation with China in a transition to a greener future that is both affordable and efficient.

"The Bahawalpur National Park, the solar park of 1,000 megawatts was established with Chinese collaboration and for that we are grateful to the Chinese government and we are moving towards more cleaner and greener energy. And in all our strategic projects, China is a partner. The CPEC phase II is going on smoothly. We are seeing more B2B cooperation in that," said Attaullah Tarar, the Pakistani minister of information and broadcasting.

Contributions from China are bridging the gap between ambition and action in the fight against climate change, according to some officials from the developing world attending COP29. Since 2016, China has provided and mobilized billions of U.S. dollars in project fund in support of other developing countries' climate response. Its initiatives include the development and transfer of technology, as well as skills.

"We have now very close cooperation between Nigeria and China. Recently we were invited to Beijing where we had a discussion on the area of solar belt in Nigeria. We are also looking at trying to tap from China in to our green industrialization in Nigeria. But most important is that we are looking at is the issue of clean energy,” said Balarabe Abbas Lawal, the Nigerian minister of environment.

"China is actually helping us to move forward with our targets by providing us with support for installation of PV systems on schools, on islands and also transitioning from older, less efficient systems, for example street lights, to newer and more efficient systems," said Flavien Joubert, Seychelles' minister of environment and agriculture.

The COP29, formally known as the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), opened in Azerbaijan's capital city on Nov 11 and will conclude on Friday.

COP, or Conference of the Parties, refers to a series of formal meetings where governments assess global efforts to advance the Paris Agreement and UN Framework Convention on Climate Change, with the aim of limiting global warming increase to 1.5 degrees Celsius.

China plays key role in driving green transition of developing world: foreign ministers

China plays key role in driving green transition of developing world: foreign ministers

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China has world's largest, most advanced 5G network: report

2024-11-22 13:53 Last Updated At:14:27

China has built the world's largest and most advanced 5G network, with its 5G base station and 5G internet users both accounting for over 60 percent of the world's total, according to a report released Thursday at the World Internet Conference (WIC) Wuzhen Summit in the eastern Zhejiang Province.

As of June 2024, China had 3.837 million 5G base station, according to the China Internet Development Report 2024 released at the summit.

This year's China Internet Development Report, released by the Chinese Academy of Cyberspace Studies (CACS), shows that China has become the world's largest internet market, boasting the highest number of internet and mobile internet users, supported by the world's largest and most advanced network infrastructure.

Furthermore, the advancement of the internet has fueled the expansion of China's digital economy. In 2023, the added value of the core industries of China's digital economy exceeded 12 trillion yuan (about 1.6 trillion U.S. dollars), making up about 10 percent of its GDP, according to the report.

"From 2018 to 2023, the scale of China's cross-border e-commerce grew from about 1 trillion yuan (about 138 billion U.S. dollars) to about 2.4 trillion yuan (about 332 billion U.S. dollars)," said Li Wei, an associate research fellow at the CACS, at a press conference during the Wuzhen Summit. The digital economy's growth is also reflected in the boom of digital culture industries like short dramas, online literature, digital games, and animation, which are becoming increasingly popular both domestically and internationally. "By December 2023, the size of China's online entertainment and media market, featuring long and short videos, live streaming, and audio, was valued at 1.152481 trillion yuan (about 160 billion U.S. dollars). The domestic gaming market generated 302.964 billion yuan (about 42 billion U.S. dollars) in sales. In addition, the global market for Chinese online literature surpassed 4 billion yuan (about 553 million U.S. dollars), attracting 230 million overseas internet users," said Qian Xianliang, deputy director of the CACS.

The four-day 2024 WIC Wuzhen Summit concluded Friday in the water town of Wuzhen in Zhejiang Province, east China.

Themed "Embracing a People-centered and AI-for-good Digital Future -- Building a Community with a Shared Future in Cyberspace," the summit featured 24 sub-forums on topics such as the Global Development Initiative, digital economy and data governance.

China has world's largest, most advanced 5G network: report

China has world's largest, most advanced 5G network: report

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