Vigorously developing renewable energy is the only way to promote energy transformation and sustainable development.
I would like to take this opportunity to introduce the situation in China. It should be said that under the guidance of the double carbon target, China's renewable energy development has been very fast in the past few years. Here are a few figures to share with you: Since the 14th Five-Year Plan, the installed capacity of renewable energy power generation in China has increased by 19.2% annually since 2021.
By the end of last year, the total installed capacity reached 1889 GW, of which the installed capacity of new energy sources such as wind power and photovoltaic power reached 1407 GW. Up to now, the installed capacity of wind power and photovoltaic new energy has exceeded 1325 GW, accounting for 46.9% of the total installed capacity of power generation, becoming the largest power source.