High-level conference Of Electricity Development in China

Technological innovation propels China to rank high in electricity development, with power supply and consumption services also leading globally, according to a report issued Friday on the sideline of a high-level conference held in Beijing, China.

At a sub-forum of the second high-level conference of the Forum on Global Action for Shared Development, the Global Energy Interconnection Development and Cooperation Organization issued the Research on Global Electricity Development Index.

The report selected 100 countries on six continents for index measurement and assessment. The composite score of China’s power development index is 90.8, ranking first among 34 Asian countries and seventh in the world.

By the end of 2023, the proportion of global renewable energy generation in total power generation had reached 30 percent, of which wind and solar power generation was growing fastest, with an average annual growth rate of more than 12 percent.