---
title: "Han Wenxiu: China's independent innovation capability has surpassed the turning point, and external forces are difficult to reverse"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280053769.md"
description: "Han Wenxiu, Deputy Director of the Central Financial Committee Office, stated in Beijing that China's independent innovation capability has crossed a turning point, and external forces are difficult to reverse this development. China will accelerate the construction of a new energy system, increase the proportion of new energy supply, safely replace fossil energy, and promote the peak consumption of coal and oil. The goal is to achieve a 25% share of non-fossil energy consumption during the 14th Five-Year Plan period and reduce carbon dioxide emissions per unit of GDP by 17%, contributing to the global response to climate change"
datetime: "2026-03-22T12:12:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280053769.md)
  - [en](https://longbridge.com/en/news/280053769.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280053769.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280053769.md) | [繁體中文](https://longbridge.com/zh-HK/news/280053769.md)


# Han Wenxiu: China's independent innovation capability has surpassed the turning point, and external forces are difficult to reverse

On the 22nd, Han Wenxiu, the deputy director in charge of daily work at the Central Financial Committee Office, stated in Beijing, "After years of effort, China's independent innovation capability has crossed a certain turning point, and external forces are difficult to reverse our development." Han Wenxiu pointed out that China will accelerate the construction of a new energy system, continuously increase the proportion of new energy supply, strengthen the safe, reliable, and orderly replacement of fossil energy, and promote the peak consumption of coal and oil. During the 14th Five-Year Plan period, the goal is to achieve a 25% share of non-fossil energy consumption and a cumulative reduction of 17% in carbon dioxide emissions per unit of GDP, thereby making a positive contribution to addressing global climate change

### Related Stocks

- [KraneShares MSCI China Clean Tech ETF (KGRN.US)](https://longbridge.com/en/quote/KGRN.US.md)
- [ChinaAMC CSI New Energy ETF (516850.CN)](https://longbridge.com/en/quote/516850.CN.md)
- [iShares MSCI China ETF (MCHI.US)](https://longbridge.com/en/quote/MCHI.US.md)
- [China Southern CSI New Energy ETF (516160.CN)](https://longbridge.com/en/quote/516160.CN.md)

## Related News & Research

- [Webuild, Hyundai E&C to step up collaboration in strategic infrastructure sectors](https://longbridge.com/en/news/279394683.md)
- [China's heavy reliance on Iranian oil imports](https://longbridge.com/en/news/280011468.md)
- [Hamish McRae: Oil shock will test our resilience](https://longbridge.com/en/news/280032261.md)
- [Wright: Within three or four days, that oil will start to arrive at ports](https://longbridge.com/en/news/279932312.md)
- [With the Strait of Hormuz effectively closed, alternative routes pose little help](https://longbridge.com/en/news/279998199.md)