The reporter learned from the 2010 Asian Energy Forum press conference that the "12th Five-Year Plan" for China's energy development emission reduction targets is expected to be lower than the "Eleventh Five-Year Plan" period of unit GDP emission reduction target, is expected not to exceed 20% Amplitude. In the next decade, non-fossil energy will account for 15% of total energy demand, and rising fossil fuel prices are the major trend.
Dai Yande, deputy director of the Energy Research Institute of the National Development and Reform Commission, said that in the future, rising fossil fuel prices are a major trend, and the country will use a differentiated energy price approach to regulate energy demand structure and increase the proportion of new energy use. In the 1980s, residents used electricity at an angle, industrial electricity prices were a few, and industrial electricity prices were lower than residents' electricity prices. Now it is the opposite. Dai Yande said: "From a global perspective, resource prices are the trend of the times. The reason why the price of residential electricity has not been adjusted is because the one who initiates the whole system is constrained by rising prices."
In the next ten years, China’s total energy demand will still need to increase 2 billion tons of standard coal. It is a challenging task to reduce demand and increase energy efficiency. It is estimated that non-fossil energy will account for 15% of the total energy consumption in the future. The installed capacity of nuclear power should reach 80 million kilowatts, and hydropower should reach 400 million kwh.
Diesel supply companies use diesel to generate electricity on their own, causing diesel to become tight recently. Oil has soared recently and oscillated at around $90. According to Kang Shaobang, deputy director of the Institute for Strategic Studies of the Central Party School of the former Central Committee of the Communist Party of China, “The oil boom has factors of economic recovery, but it is also related to the speculative funds of Japan and the United States. Some resource products such as iron ore, gold and petroleum have risen in price. Among these, China's shortage of goods and the purchase of Chinese wolfberry have risen sharply. As a result, China can only buy it secretly and dare not buy it brazenly." Contrary to the previous tight supply of diesel fuel, Kang Shaobang stated that the 11th Five-Year Plan will save energy. Reduce consumption, and in some places, power-hungry enterprises have been cut off. Due to the economic recovery, some companies have increased their orders. In order to complete the order, the company began to purchase diesel power generation, resulting in soaring demand for diesel, in short supply.
Energy Saving and Emission Reduction Twelve five emission reduction targets are expected to not exceed 20%
In light of the national energy saving and emission reduction targets in the “Twelfth Five-Year Planâ€, Dai Yande estimated that the emission reduction index would be lower than 20%. As the "Eleventh Five-Year" emission reduction task is completed, the task of future emission reduction will be more challenging. It also requires local governments and enterprises to carry out more emission reductions. He also expects non-fossil energy to account for 15% of total energy consumption in the future.
It is reported that at present, the specific targets for emissions reduction during the “12th Five-Year Plan†period are still being negotiated. The central and local governments need to coordinate energy conservation tasks and will not implement energy conservation and emission reduction across regions with different levels of development. The energy consumption GDP of the “Eleventh Five-Year†planning unit is expected to be completed compared with the target of 20% emission reduction in 2005 levels. The Energy Conservation Law, which began in April 2008, stipulates the maximum energy consumption limits for 27 high energy-consuming products. These systems will continue to serve the 12th Five-Year Plan.
The investment market has poured into at least 100 million U.S. dollars per year into the domestic stock market. Yesterday, Kang Shaobang, deputy director of the Institute for Strategic Studies of the Central Party School of the former Central Committee of the Communist Party of China, accepted an exclusive interview with this reporter. He pointed out that one of the reasons for the current bubble in the stock market and the property market is the influx of hot money from the United States. It is estimated that at least $100 million a year inflows into China's stock market and property market have also pushed up prices of resource products.
Kang Shaobang said: "The global economy has started to recover this year, but there is a possibility of a second bottom. To stimulate the economy, the US crazy printing votes, this year added 600 billion US dollars, through the devaluation of the dollar to expand exports, but in fact is very selfish, It will affect the entire social economy. China's stock market bubble and the influx of hot money are not unrelated."
According to reports, hot money in the United States began to flow through many channels: "For example, setting up a wholly-owned joint venture company and transferring to the real estate sector; investing gold into the stock market through a lot of winds, and earning profits at least 10 times after the listing of shares, and immediately leave."
For the domestic property market, Kang Shaobang believes that the price of property in the United States has only doubled in 100 years, and China’s property price has doubled in several years. In general, housing prices should not rise again. At the same time, the Chinese government has stabilized housing prices by increasing the supply of affordable housing. These measures have been effective. In the future, China's property market should not experience a burst of bubbles. "The possibility of a substantial reduction in property prices is unlikely and will be basically stable."
In addition, Kang Shaobang stated that the central government’s work conference will also focus on price suppression. It is expected that the CPI will fall in the first half of next year, and related policies will see results in the second quarter of next year.
Dai Yande, deputy director of the Energy Research Institute of the National Development and Reform Commission, said that in the future, rising fossil fuel prices are a major trend, and the country will use a differentiated energy price approach to regulate energy demand structure and increase the proportion of new energy use. In the 1980s, residents used electricity at an angle, industrial electricity prices were a few, and industrial electricity prices were lower than residents' electricity prices. Now it is the opposite. Dai Yande said: "From a global perspective, resource prices are the trend of the times. The reason why the price of residential electricity has not been adjusted is because the one who initiates the whole system is constrained by rising prices."
In the next ten years, China’s total energy demand will still need to increase 2 billion tons of standard coal. It is a challenging task to reduce demand and increase energy efficiency. It is estimated that non-fossil energy will account for 15% of the total energy consumption in the future. The installed capacity of nuclear power should reach 80 million kilowatts, and hydropower should reach 400 million kwh.
Diesel supply companies use diesel to generate electricity on their own, causing diesel to become tight recently. Oil has soared recently and oscillated at around $90. According to Kang Shaobang, deputy director of the Institute for Strategic Studies of the Central Party School of the former Central Committee of the Communist Party of China, “The oil boom has factors of economic recovery, but it is also related to the speculative funds of Japan and the United States. Some resource products such as iron ore, gold and petroleum have risen in price. Among these, China's shortage of goods and the purchase of Chinese wolfberry have risen sharply. As a result, China can only buy it secretly and dare not buy it brazenly." Contrary to the previous tight supply of diesel fuel, Kang Shaobang stated that the 11th Five-Year Plan will save energy. Reduce consumption, and in some places, power-hungry enterprises have been cut off. Due to the economic recovery, some companies have increased their orders. In order to complete the order, the company began to purchase diesel power generation, resulting in soaring demand for diesel, in short supply.
Energy Saving and Emission Reduction Twelve five emission reduction targets are expected to not exceed 20%
In light of the national energy saving and emission reduction targets in the “Twelfth Five-Year Planâ€, Dai Yande estimated that the emission reduction index would be lower than 20%. As the "Eleventh Five-Year" emission reduction task is completed, the task of future emission reduction will be more challenging. It also requires local governments and enterprises to carry out more emission reductions. He also expects non-fossil energy to account for 15% of total energy consumption in the future.
It is reported that at present, the specific targets for emissions reduction during the “12th Five-Year Plan†period are still being negotiated. The central and local governments need to coordinate energy conservation tasks and will not implement energy conservation and emission reduction across regions with different levels of development. The energy consumption GDP of the “Eleventh Five-Year†planning unit is expected to be completed compared with the target of 20% emission reduction in 2005 levels. The Energy Conservation Law, which began in April 2008, stipulates the maximum energy consumption limits for 27 high energy-consuming products. These systems will continue to serve the 12th Five-Year Plan.
The investment market has poured into at least 100 million U.S. dollars per year into the domestic stock market. Yesterday, Kang Shaobang, deputy director of the Institute for Strategic Studies of the Central Party School of the former Central Committee of the Communist Party of China, accepted an exclusive interview with this reporter. He pointed out that one of the reasons for the current bubble in the stock market and the property market is the influx of hot money from the United States. It is estimated that at least $100 million a year inflows into China's stock market and property market have also pushed up prices of resource products.
Kang Shaobang said: "The global economy has started to recover this year, but there is a possibility of a second bottom. To stimulate the economy, the US crazy printing votes, this year added 600 billion US dollars, through the devaluation of the dollar to expand exports, but in fact is very selfish, It will affect the entire social economy. China's stock market bubble and the influx of hot money are not unrelated."
According to reports, hot money in the United States began to flow through many channels: "For example, setting up a wholly-owned joint venture company and transferring to the real estate sector; investing gold into the stock market through a lot of winds, and earning profits at least 10 times after the listing of shares, and immediately leave."
For the domestic property market, Kang Shaobang believes that the price of property in the United States has only doubled in 100 years, and China’s property price has doubled in several years. In general, housing prices should not rise again. At the same time, the Chinese government has stabilized housing prices by increasing the supply of affordable housing. These measures have been effective. In the future, China's property market should not experience a burst of bubbles. "The possibility of a substantial reduction in property prices is unlikely and will be basically stable."
In addition, Kang Shaobang stated that the central government’s work conference will also focus on price suppression. It is expected that the CPI will fall in the first half of next year, and related policies will see results in the second quarter of next year.