TYN(SZ:000591) Xin Hua She·2025-09-25 00:12Core Points - China announced its new round of Nationally Determined Contributions (NDCs) at the UN Climate Change Summit, aiming for a 7%-10% reduction in greenhouse gas emissions from peak levels by 2035 [4] - The share of non-fossil energy consumption in total energy consumption is targeted to exceed 30% [4] - Wind and solar power generation capacity is expected to reach over six times the 2020 levels, striving for a total of 360 million kilowatts [4] - Forest stock volume is projected to exceed 24 billion cubic meters [4] - New energy vehicles are set to become the mainstream of new vehicle sales [4] - The national carbon trading market will cover major high-emission industries, and a climate-resilient society is to be fundamentally established [4] Summary by Sections Confidence in Green Transition - The global green low-carbon transition is seen as an inevitable trend, despite some countries moving in the opposite direction [3] - The international community is encouraged to maintain confidence and continue actions towards implementing NDCs [3] Responsibility and Fairness - The global green transition should respect the development rights of developing countries and aim to reduce rather than increase the North-South gap [3] - Developed countries are urged to fulfill their obligations for early emission reductions and provide more financial and technical support to developing nations [3] Cooperation for Green Development - There is a significant demand for global green development, necessitating enhanced international collaboration on green technology and industry [3] - Efforts should be made to ensure the free flow of high-quality green products globally, benefiting all regions [3]