China unveiled its 15th five-year plan for renewable energy on Thursday. Below are the key targets outlined in the blueprint, which was released jointly by the National Development and Reform Commission and National Energy Administration. See original document in Chinese: ๅฏๅ็่ฝๆบๅๅฑโๅไบไบโ่งๅ by scmp
Hong Kongโs decision to introduce its first five-year plan has prompted familiar questions. Does this signal greater government intervention at the expense of the free market? Will it make Hong Kongโs development model more similar to that of the mainland? Could it overlap with the annual policy address and budget? And without detailed key performance indicators, might it become little more than a symbolic document? These concerns deserve a serious response. For Hong Kong, the purpose of a...
Hong Kong has embarked on the path of drawing up its first five-year plan โ a significant moment in its history. Hong Kongโs first five-year plan should be more than a local economic blueprint. Properly conceived, it should define how the city contributes to Chinaโs national development while preserving the global connections that make Hong Kong uniquely valuable. Success will depend on three mutually reinforcing pillars โ deeper integration with the mainland, seamless connectivity across the...
Beijing has signalled unyielding conviction in its latest action plan to peak emissions within five years, as the worldโs largest producer of greenhouse gases vows to bolster nuclear and green offerings while ensuring energy security for the economy and burgeoning artificial intelligence sector. The State Council, Chinaโs cabinet, on Thursday released a five-year plan as the mission to peak its carbon dioxide emissions by 2030 enters a crucial execution period. The timeline, ultimately aimed at...
Hong Kongโs first five-year plan will undoubtedly mark a significant milestone for the city. The public consultation launched last month covers a range of issues, such as economic development, innovation and technology, housing, healthcare, education, infrastructure and regional cooperation. The exercise offers a chance not only to discuss what Hong Kong hopes to achieve by 2030, but also how its success should be measured. That second question is perhaps the more important one. Hong Kong has...
Beijingโs top representative in Hong Kong has expressed confidence in the cityโs ability to achieve greater development by further integrating into the country, while the chief executive has said authorities are moving โat full speedโ to draw up the first five-year plan to align with the national blueprint. Speaking at a cultural gala marking the 29th anniversary of the cityโs return to Chinese sovereignty on Tuesday evening, liaison office director Zhou Ji said he believed Hong Kong, with โthe...