The State Council has presented a new action plan for reducing emissions for 2024 and 2025. The plan aims to reduce carbon emissions by increasing efficiency in key industries, such as steel production and transportation. Xinhua reports that Energy consumption will be reduced by 2.5 percent and carbon emissions by 3.9 percent per unit of economic output in 2024. According to Reuters, this would result in an absolute emissions reduction of around one percent of total emissions in 2023.