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President Xi Jinping on Monday stressed efforts to promote the
regulated, healthy and sustainable development of the platform economy
and incorporate the peaking of carbon emissions and carbon neutrality
into the overall layout of building an ecological civilization. Xi, also general secretary of the Communist Party of China Central
Committee and chairman of the Central Military Commission, made the
remarks at the ninth meeting of the Central Committee for Financial and
Economic Affairs. He is also head of the committee. The development of China's platform economy is now at a critical
stage and more should be done to improve the weak links, create an
environment for innovation, resolve prominent problems, and promote its
regulated, healthy and sustainable development, Xi noted. To peak carbon emissions and achieve carbon neutrality is an
extensive and profound systemic reform for the economy and society, and
should be incorporated into the overall layout of building an ecological
civilization, Xi said. He called for a spirit of perseverance in achieving the goals of
peaking carbon emissions by 2030 and achieving carbon neutrality by
2060. Other Chinese leaders Li Keqiang, Wang Huning and Han Zheng attended the meeting. Attendees were briefed on measures for the healthy development of the
platform economy, as well as strategies and major measures to bring the
carbon emissions to a peak and achieve carbon neutrality. To build the national competitive strengths, China will establish and
improve the platform economy governance system, giving equal importance
to development and regulation, amid efforts to boost fair competition,
fight monopoly and prevent the disorderly expansion of capital, the
meeting said. It stressed the role of industrial Internet platforms in transforming
traditional businesses and boosting advanced manufacturing. China will build a clean, low-carbon, safe and efficient energy
system, control the total use of fossil fuels and take action to shift
to alternative energy sources, the meeting said. The country will deepen the reform of its power system, build a power
network based on new energy, reduce pollution and carbon emissions in
key industries and promote green manufacturing in the industrial sector,
it said. The meeting also called for efforts to push forward major
breakthroughs in green and low-carbon technologies and accelerate the
promotion and application of such technologies for reducing pollution
and carbon emissions. It has underscored improvements in policies on fiscal taxation,
prices, finance, land and government procurement that are conducive to
green and low-carbon development. It is necessary to advocate a green and low-carbon lifestyle, give
full play to the ecological environment, including forests, wetlands and
grasslands, in increasing carbon sinks, and strengthen international
cooperation on addressing climate change, the meeting said. Peaking carbon emissions and achieving carbon neutrality is a tough
battle, the meeting underscored, adding that it is also a major test for
the party's capabilities in governing the country. Enditem
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