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People's Daily Online>>Foreign Affairs

Chinese premier calls for concerted global efforts to secure energy supply


09:51, January 17, 2012

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.

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