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15:41, January 17, 2012

Chinese premier calls for concerted global efforts to secure energy supply

Chinese Premier Wen Jiabao addresses the opening ceremony of the fifth World Future Energy Summit in Abu Dhabi, the United Arab Emirates, Jan. 16, 2012. (Xinhua/Liu Weibing)

ABU DHABI, Jan. 16 (Xinhua) -- Visiting Chinese Premier Wen Jiabao on Monday urged the world to work together to secure a safer and more stable and sustainable supply in the global energy market.

"To reduce the problems and inequality brought by the energy and resources issues, countries in the world should take further action and exert more effort," Wen said in his keynote speech at the opening of the 5th World Future Energy Summit (WFES).

He offered a four-point proposal to achieve the objectives.

Firstly, increasing energy efficiency should be put on top of the agenda to establish national economies that featured reduced energy input, lower energy consumption and less emissions.

Second, the development of renewable energy should be promoted by adopting more favorable policies to help expand the technological application in an effort to cut costs.

His third proposal was to actively promote new technologies to enhance efficiency. As long as intellectual property was properly protected, developed countries should help developing and under-developed countries to step up technology transfer endeavors, Wen noted.

Lastly, the premier urged countries to effectively safeguard energy security. To this end, Wen proposed establishing a global energy market management mechanism based on the principle of mutual benefit and within the framework of G20.

He also stressed that China had, as always, respected the paths that governments and peoples in West Asia and North Africa had chosen to develop their own economies by taking advantage of their abundant natural resources.

"China will work with the nations in the world to step up international cooperation and promote sustainable innovation to build a new world with green development and sustainable growth," the Chinese premier said.

The WFES, a global platform launched in 2008 for sustainable future energy solutions, gathers industrial leaders, investors, scientists, specialists, policymakers and researchers to discuss challenges of rising energy demand and actions to achieve a cleaner and more sustainable future for the world.

Wen arrived here Monday morning after concluding an official visit to Saudi Arabia. He visited Nepal on Saturday before flying to the Middle East. The trip will also take him to Qatar.

Source: Xinhua
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