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China, the EU and Latin America : current issues and future cooperation
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ChinasApproachtoEnergyandClimateChange 39 theRenewableEnergyLaw 2005 Chinahaspersistedinrelyingonitsdomesticresourcesandconstantly increasingthesupplyofdomesticenergy.Chinaisnotonlya majorenergy consumingcountry butalsoamajorenergyproducer.Sincethe1990s China hasobtainedabove90percentofitsenergyfromdomesticsources thefigurefor 2005is93percent .Thepotentialofitsdomesticenergysupplyisstillgreat. From1980to2001 withaverageGDPgrowthratesofabout10percent China hadabouta5percentgrowthrateinenergyconsumption.Chinaseconomyhas managedtothrivedespitethelimitationswithregardtoenergysupply.China hasconsistentlypursuedthegoalofrelyingonitsdomesticresourcesand constantlyincreasingthedomesticsupplyofenergy.Chinas11thFiveYear Programme 20052010 for National Economic and Social Development announcedthe doublingofthe2000percapitagrossdomesticproduct GDP in 2010andreducingenergyconsumptionperunitofGDPbysome20percent ChinesePremierWenJiabaocalledforenergysavingsof50milliontonnesofcoal equivalentinthepowerindustryand20milliontonnesofcoalequivalentin1000 majorstateownedindustries. TheChinesegovernment whilecommittedto economicdevelopment istryinginaresponsiblewaytochangetheeconomic growthpatternbyadjustingtheeconomicstructureandenergymix. Industry Updates2007 Underthesenew circumstances theChinesegovernmentis shiftingfromthepreviousdevelopmentprincipleof fastandhealthygrowth to healthyandfastgrowth IndustryUpdates2007 Furthermore ChinaissueditsNationalActionPlanonClimateChangein June2007 andtheChinesegovernmenthasselectedthefollowinggoalstobe achievedby2010:reducingenergyconsumptionby20percent increasingthe shareofrenewableenergy includinglargescalehydropower to10percentof itsprimaryenergymix increasingcoalbedmethaneproductionto10bncubic metresayear andpromotingnuclearpower XinhuaNewsAgency2007 4.2 WinwinCooperationforEnergySecurity Asarisingpowerpursuingapeacefuldevelopmentpath Chinasenergy strategyischaracterisedbymutualbenefitsandapolicyofbuildingaharmonious world.Chinahastakenanactivepartinenergycooperationwithothercountries onthebasisofmutualinteresttoensurethestabilityofregionalandglobal energymarkets.PresidentHuJintaohasdeclaredthat the coreofChinas energystrategyistogivehighprioritytoconservation relymainlyondomestic supply developdiverseenergyresources protecttheenvironment stepup internationalcooperation basedon mutualbenefitandensurethestablesupply