Tsingshan Group Promises Not to Establish New Overseas Coal Power Projects

SHANGHAI, Sep 22 (SMM) - President Xi Jinping attended the General Debate of the 76^th UN General Assembly in Beijing by video and delivered an important speech entitled "Strengthen Confidence and Overcome Difficulties to Build a Better World” on September 21.

President Xi stated that relevant authorities should improve global environmental governance to build a community of human and natural life; accelerate the green and low-carbon transformation to achieve green recovery and development; China will strive to achieve a carbon peak by 2030 and carbon neutrality by 2060; China will vigorously support the development of green and low-carbon energy in the developing countries and no longer build new overseas coal power projects.

Tsingshan Group will actively follow the spirit of the important speech of President Xi, and promise not to build new coal power projects in Indonesia and other overseas markets, and will establish hydropower, wind and solar power and other green and clean energy power generation projects. The company focuses on green development by means of making process innovation, building factories on site in mines, creating a circular economy as well as energy saving and emission reduction. In the future, Tsingshan Group will make unremitting efforts for the green and sustainable development of mankind and the construction of a community of human and natural life.