carbon dioxide
Industry plays a very important role in China. It contributed 45.9% of GDP, consumed 70% of energy, and emitted 60.9% of carbon dioxide in 2004. The industrial fabric changed tremendously since China opened to the rest of the world. The share of gross output from state-owned and state-holding enterprises decreased from almost 100% to 32.3% in 2004 and meanwhile, the share of private enterprise reached 16.5% in 2004. In industry’s total carbon dioxide emissions (2 290 Mt-carbon dioxide), near half came from fuel combustion; another 1,166 Mt-carbon dioxide were emitted as a result of industry’s electricity consumption. Energy efficiency policy in China experienced changes from a centrally-planned to a market-oriented economy. Energy efficiency improvements are driven by many factors – although greenhouse gas emission reductions are largely omitted. The central government has decided to take advantage of market forces to promote energy efficiency improvements. China has a series of policies for energy efficiency improvement. If China achieved its energy conservation target that energy consumption per 10,000 yuan GDP will drop to 1.54 tons of coal equivalent in 2020 from 2.68 tce in 2002, China will have avoided 3.4 Gt-carbon dioxide from 2003 to 2020.
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