China has abundant reserves of new energy resources and there is great potential for their larger-scale development

Due to the continuous advancement of the country's new energy technologies, the rising costs of fossil fuels and the country's commitment to reducing carbon dioxide emissions, new energy will play a growing role in China's energy consumption structure.

However, whether or not new energy can become a genuine substitute for traditional energy sources in the future will be largely decided by their development costs, the degree of their technological maturity and their effects on the environment.