At the 2023 Ho Chi Minh City Economic Forum, Ms. Ton Minh, Vice Chairman of the Standing Committee of the Shanghai People's Congress, said that Shanghai is one of the leading developed cities in China and the region. This city is where China's first large commercial aircraft - the C919 - is manufactured.
Ms. Ton Minh shares her experience in developing a green economy at the Ho Chi Minh City Economic Forum 2023. (Photo: Hoang Hung).
According to Ms. Sun Ming, despite rapid development, Shanghai is still a green, low-carbon and environmentally friendly city. Green and low-carbon transformation is of great significance in mitigating global warming, ensuring energy security and realizing sustainable development of Shanghai. Green development is also a top priority of the Chinese government.
“ Shanghai is a megacity with more than 24 million people. The city has chosen to pursue green and low-carbon growth in the long term. Shanghai has a rapid economic growth rate with low energy consumption and very low carbon emissions ,” said Ms. Sun Ming.
Ms. Ton Minh shared that Shanghai's average economic growth rate since 2010 has always been maintained at 6.7%/year, while energy consumption has only increased by 1.2%/year.
In recent years, the Shanghai government has planted more trees, provided cleaner water for city residents, and actively improved the quality of life for residents.
The city has 670 parks and 1,600 km of green trails. The areas along the Huangpu River and Suzhou Creek are being fully exploited to create more public spaces for residents. Over the past 10 years, Shanghai's average annual PM2.5 concentration has dropped from 62 micrograms per cubic meter to 25 micrograms per cubic meter.
Shanghai focuses on green economic development. (Photo: SGT)
Ms. Sun Ming shared that Shanghai has always engaged stakeholders to move towards green actions. In July 2021, China's National Emissions Trading Scheme (ESETS) began trading in Shanghai, generating cumulative revenue of more than 240 million tons of carbon credits (240 million tons of CO2).
“ We have established a multi-tiered green finance system to attract more capital to green industries. We also held the first Shanghai International Carbon Neutral Expo to link and facilitate cooperation between supply and demand parties in carbon trading,” said Ms. Ton Minh.
According to Shanghai City representative, the green transformation in this city is mainly in the fields of energy, industry, environment, transportation and global society. Shanghai strives to build a modern energy system, in which the new power system will be cleaner, safer, more efficient but have lower carbon emissions.
Shanghai also accelerates the use of non-fossil energy, promotes photovoltaic integration projects, and vigorously develops and utilizes offshore wind power. At the same time, it actively expands the clean electricity market. The city also applies new technologies such as energy storage, smart microgrids, etc.
The city promotes development in six major industries: information electronics, life sciences, health, automobiles, high-end equipment - advanced materials and fashion consumer goods. Focus on new energy vehicles.
Shanghai is also promoting new drivers for green development, supporting traditional industries to become greener. For example, it is optimizing technologies and processes in the steel and petrochemical industries and tapping into their energy-saving potential.
Shanghai focuses on developing environmentally friendly public transport. (Photo: Shanghai Maglev Train)
According to Ms. Ton Minh, Shanghai is also striving to build a modern, smart, convenient and green transportation system. The city prioritizes the development of public transportation and increases the proportion of green transportation in the city.
Specifically, Shanghai's total railway length has reached 831 km (expected to reach 1,000 km by 2035) and the ownership rate of short-distance electric vehicles in the city is 1.2 million vehicles. These are the highest numbers compared to other cities in the world.
Shanghai aims to build a zero-waste city, and has eliminated landfills. A household waste management regulation has also been implemented to provide legal support for waste classification. The city has established a three-level resource recycling system and equipped industrial parks. This is to encourage a circular economy within industrial parks.
Ms. Ton Minh said that Shanghai's rapid development is due to its "openness". The city has attracted more than 340 billion USD in foreign investment.
DAI VIET - HOANG THO
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