People walk past a China Energy coal-fired power plant in Shenyang, Liaoning province, China September 29, 2021. REUTERS/Tingshu Wang SHANGHAI, June 29 (Reuters) – China will reduce its industrial energy consumption per unit of output by 13.5% over the 2021-2025 period by introducing new technologies, standards, and financial services, according to a new action plan published on Wednesday. The country has sought to make its industrial enterprises more efficient by lowering energy consumption per unit of output — also known as energy intensity. It was reduced by 16% over the 2016-2020 period and by 5.6% last year, according to the Ministry of Industry and Information Technology. Industries now account for around 65% of total national energy consumption, and more efficiency improvements could contribute around 37% of the country’s planned carbon emission reductions from now until 2050, the ministry added. The new action plan will focus on traditional sectors like […]