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Energy transformation will further promote China's economic growth

Aug 08, 2022

In an interview with reporters a few days ago, Francisco La Carmela, director general of the International Renewable Energy Agency, said that he was optimistic about China's economic prospects and believed that energy transformation would further promote China's economic growth.

La Carmela said that China's economy will overcome difficulties and maintain growth in the first six months of 2022. Despite the adverse impact of the global situation, China's economy is still showing a trend of stabilization and recovery.

He pointed out that China is actively promoting energy transformation and is one of the major participants in the global energy transformation, and has played a unique role.

La Carmela said that China is the world's largest renewable energy market and equipment manufacturer, providing 40% of global renewable energy related jobs. China's energy transformation will further improve economic performance and build a more stable and better growth model.

He explained that renewable energy is a highly competitive and efficient way of generating electricity. "From an economic point of view, renewable energy is of great significance in boosting GDP, providing more jobs and attracting more investment."

The International Renewable Energy Agency is an intergovernmental international organization aiming at promoting the development of the renewable energy industry. It is mainly committed to promoting the transfer of renewable energy technology and providing experience and policy support for the research, development and application of renewable energy.