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China accelerates green transition amid global energy crisis

In a move toward a sustainable future, China has launched guidelines to accelerate the green transition across all areas of economic and social development. This plan aligns with global efforts to address climate change, as highlighted in BP's Energy Outlook 2024, which stresses the urgent need to shift from fossil fuels to low-carbon energy sources. The guidelines outline a multifaceted approach, including optimizing territorial space development, promoting green transitions in the industrial and energy sectors, and advancing green transportation and urban-rural development. Today's newsletter also features China's latest moves to achieve green transition goals: green transformations of China's highways, enhancements in hydrogen technology to boost the Paris Olympics' carbon goals, booming sales of new energy vehicles and the discovery of an unprecedented massive gas field in the South China Sea.