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China in plans to invest €340 billion in renewables by 2020

Accoridng to Reuters, China plans to invest over €340 billion in renewable energy sources by 2020 creating approximately 13 million new jobs in the sector. China's key planner - the National Development and Reform Commission (NDRC) announced that solar energy is to be given the strongest boost of €137 billion, €95 billion is foreseen for wind and €68 billion for solar.

Source: Reuters

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