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New energy industry set to become new economic growth engine.

Publication: China Chemical Reporter
Publication Date: 16-AUG-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: New energy industry set to become new economic growth engine.(Energy Chemical)

Article Excerpt
The new energy sector is leading a new wave of industrial revolution, boasting a huge potential market. China is accelerating its strategic transformation in its energy industry, according to a new energy sector report published by the State Information Center.

As both the world's second-largest energy producer and consumer, China mainly relies on coal and other fossil fuels. Those energy sources, such as wind and solar power which represent future energy trend, still play a supplementary role in its energy mix at present.

Fossil fuels, typically not renewable and causing pollution, have become...

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