China mainly relied on domestic supply to meet its energy needs
and had taken an active part in international energy development
cooperation on the basis of mutual benefit, Premier Wen Jiabao said
in Hamburg on Wednesday at a Sino-European economic summit.
China was a major energy consumer, but more importantly, it was
a major energy producer, Wen said in a speech at the 2nd Hamburg
Summit entitled "China meets Europe."
China was rich in coal deposits and two thirds of its hydropower
potential remained untapped, while the development of nuclear, wind
and biomass power had just started, said Wen.
In short, it had huge potential in terms of domestic energy
supply, said the Premier.
China's energy policy called for integrating energy development
and conservation while giving priority to energy conservation, said
Wen.
"Our goal is to build a stable, economical and clean energy
supply system," he said.
China had set the target of cutting its energy consumption per
unit of GDP for 2005 by 20 percent - by 2010, Wen added.
To safeguard global energy security, China had called on the
international community to develop a new energy security concept
featuring "mutually-beneficial cooperation, diversified development
and coordinated guarantee," he said.
China would use the global energy market as necessary and
strengthen cooperation with other energy producers and consumers,
including the European countries, on the basis of equality and
mutual benefit in a common effort to enhance global energy
security, said the premier.
The Chamber of Commerce Hamburg, which initiated the summit,
expected more than 350 economic, political and scientific leaders
from both China and Europe to attend the event which will run until
Friday.
German Federal Minister of Economics and Technology Michael
Glos, Mayor of Hamburg Ole von Beust, and former German Chancellor
Helmut Schmidt were among the German leaders who attended the
summit on Wednesday.
Wen arrived in Germany on Wednesday for a two-day visit, the
third leg of his four-nation tour which took him to Finland and
Britain and will also include a visit to Tajikistan.
Hw will meet German President Horst Koehler and Chancellor
Angela Merkel in Berlin on Thursday.
(Xinhua News Agency September 14, 2006)
