China will seek to reduce the energy intensity of its economy by 2.4% this year, Bloomberg has reported, citing a government document. “As the economy continues to recover and grow and the service sector resumes its normal pace of growth, a bigger drop can be expected in energy consumption per unit of GDP,” the National Development and Reform Commission of the country said in the document. “However, energy use in industry and homes will inevitably grow and result in an increase in energy consumption.” Last year, China…
