China Sustainability: Eight New Policies; Roadmap to Carbon Peaking

研报英文原文证据摘录

China Sustainability: Eight New Policies; Roadmap to Carbon Peaking

Global Research

31 July 2026ab

China Sustainability Equities

Asia PacificEight New Policies; Roadmap to Carbon Peaking

Global Sustainability

Jarvis Lam

China has released eight major policies setting out how its 15FYP green transition Analyst

jarvis.lam@ubs.com

will be implemented. The focus is shifting from renewable capacity expansion

+852-2971 7701

towards system integration, industrial upgrading, resource efficiency,

carbon accounting and climate resilience, with broad sector implications. Victoria Kalb

Analyst

vicki.kalb@ubs.com

Key Highlights +65-6495 4584

China targets a 17% reduction in CO₂/GDP vs 2025 and 25% non-fossil energy Ken Liu

consumption by 2030 (vs 22% in 2025) as well as 10% energy intensity decline . Analyst

ken.liu@ubs.com

By 2030, total power capacity to achieve 5.4TW (vs 3.9TW in 2025), wind and

+852-2971 7516

solar at >50% capacity (vs 47% in 2025), 300GW of new-type energy storage (vs

145GW in 2025) and 100GW offshore wind (vs 48GW in 2025). Yishu Yan

Policy is shifting from intermittent renewable output towards reliable substitution. S1460520110001

China targets an 8% average confidence output for wind and solar with energy yishu.yan@ubs.com

+86-21-3866 8782 storage, more than 20% of evening peak-period electricity supply and over

300GW of incremental reliable renewable peak capacity during the 15FYP. Robin Xu

Implementation is becoming more measurable and asset-specific. Industrial S1460511010012

policies require efficiency upgrades or the exit of inefficient capacity, while circular- bin.xu@ubs.com

economy and electricity-accounting policies strengthen secondary-resource supply +86-21-3866 8872

and the attribution of non-fossil electricity to regions and individual users.