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MNI BRIEF: China To Focus On Solar, Wind Power In 2024 - NEA

MNI (BEIJING)
MNI (Beijing)

China will focus on the construction of large-scale wind and solar power generation bases, according to officials from the National Energy Administration (NEA) on Wednesday.

At a 2024 analysis meeting, officials said policy support for new energy was needed to sustain industrial development.

However, growth in Chinese copper demand will slow to 3-4% y/y in 2024, as work on electrical grids and new energy slows, local analysts recently told MNI. (See: MNI: China Copper Demand To Slow, Supply Risks, Prices Increase)
MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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