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News Release 96
China Modernization Plan
January 3, 2015

Last year, China’s Premier Li Keqiang announced a plan to move another 300 million Chinese citizens into the cities over the next twelve years. Urbanization is one of Premier Li’s top priorities. It is a mechanism for modernization and future economic growth.

The United States Secretaries of Commerce Penny Pritzker and Energy Ernest Moniz are leading a Joint Department of Commerce and Department of Energy Smart Cities - Smart Growth Business Development Mission to China on April 12-17, 2015. Companies plan to meet and deliver complete solutions to make cities more efficient, livable, and sustainable by focusing on the key area: energy, transportation, buildings & homes, water, and public services. For more information, please see China Modernization Plan

In 2011, China became the world's largest power consumer by generating 4,476 Terawatt-hours. The net generation of electricity will increase to 7,295 Terawatt-hour by 2020 and 11,595 Terawatt-hours by 2040. The industrial sector accounts for three-quarters of China's electricity consumption. For more information, please see US EIA China Energy Overview. 

To meet their energy needs, China needs 300 clean power plants. Each power plant would generate 10 billion kilowatt hours of electricity per year, The 300 power plants would generate 3 trillion kilowatt hours (3,000 Terawatt-hours) of electricity. At ten cents per kilowatt-hour, the revenue would be  $300 billion per year. 

Better utilization of the natural resources turns scarcities into surpluses. The Clean Power Plants convert coal, oil, and biomass into petrochemicals for making consumers & industrial products rather than burning them and destroying our environment. China's carbon dioxide emissions could be reduced by fifty percent.  

China’s Modernization Plan moves 300 million Chinese citizens into the cities over in the next twelve years. China’s Economy grows from $10 trillion to over $30 trillion. However, the real benefits come from taking millions of people out of poverty and empowering them to fulfill their dreams.

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Company  - Merchandise Marketing & Sales News  -  Contact - Investors
Copyrighted @2004 - All Rights Reserved - Energy.USA Inc - Last modified: 02/19/2015
Please send your comments or questions to
info@EnergyUSA.net