China carbon neutrality and dual control of energy consumption
10 October 2021China carbon neutrality and dual control of energy consumption
Last year,Chinese government has officially announced that China aims to reach peak emissions before 2030 and achieve carbon neutrality before 2060, which means that China only has 30 years for continuous and rapid emissions cuts. To build a community of common destiny, the Chinese people have to work hard and make unprecedented progress. To commit the promise to the world that China will meet the emission peak in year 2030 and carbon neutrality in year 2060, Chinese local governments have taken strict-ever actions to reduce release of CO2 and energy comsumption by restricted supply of electricity power.
Due to the recent “dual control of energy consumption” policy of the Chinese government, most manufacturing operation have been adjusted to "run for 4 days and stop 3 days", and the production capacity is only half of that under normal conditions.
In addition, the China Ministry of Ecology and Environment has issued the draft of "2021-2022 Autumn and Winter Action Plan for Air Pollution Management" in September. This autumn and winter (from October 1, 2021 to March 31, 2022), the production capacity in some industries may be further restricted.
Just be prepared for two things: prices will be increased again and delivery time will be prolonged,this is the trend of the global international market,and will last for long time.