The National Development and Reform Commission (NDRC) plans to raise the proportion of renewable energy in the country’s total energy mix from today’s 8%, to 10% by 2010 and 15% by 2020, the report said.
"We will adopt measures to guide and encourage the development of renewable energy," China Daily quoted Chen Deming, vice-minister of the NDRC, as saying. "We will come up with various taxation and fiscal incentives, including subsidies and tax breaks."
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