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China to Impose Quotas on Renewable Energy This Year, News Says

Feb. 27 (Bloomberg) -- China will this year implement a quota-based system for provinces and cities that dictates the amount of renewable energy that they need to consume, buy into their grid and produce, the China News Service reported, citing Ren Dongming, director of the renewable energy development center of the National Development and Reform Commission.

The policy is to spur the consumption of alternative energy, the agency said, citing Ren.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

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