Report sheds light on global value of China's green push

BEIJING, Aug. 10 (Xinhua) -- China has contributed its wisdom, solutions and strength to the building of a community with a shared future for humanity and the advancement of sustainable development for mankind, according to a think tank report released on Sunday.

Titled "Lucid Waters and Lush Mountains for Beautiful China and World: China's Ecological Civilization Concept and Practice, and How They Inspire the World," the report was jointly released by Xinhua Institute, a think tank affiliated with Xinhua News Agency, and the Research Center for Xi Jinping Thought on Ecological Civilization.

According to the report, China has demonstrated the global value of the concept that "lucid waters and lush mountains are invaluable assets" by solidifying global green consensus, stimulating the vitality of green transition, leading global environmental governance and jointly building a green Belt and Road.

In advancing the global green energy transition, China's accelerated development of the new energy sector has enriched global supply and alleviated global inflationary pressures. For ten years in a row, China has led the world in both photovoltaic and wind power installations, contributing more than 45 percent of the growth in global non-fossil energy consumption, the report noted.

Meanwhile, China has partnered with over 100 countries and regions in green energy projects, with a large number of landmark energy initiatives and small-scale, people-benefiting projects taking root, effectively addressing electricity shortages and high costs in the host countries, according to the report.

China's practices have proven that developing countries are fully capable of finding a balance between environmental protection and development and China has provided them with a pathway for their reference, the report said.■