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China has built the world's largest and most complete new energy industrial chain, Chinese Vice-Premier Ding Xuexiang said in his special address at the WEF 2025 in Davos, Switzerland. Seventy percent of photovoltaic components and 60 percent of wind power equipment worldwide come from China. The high-quality production capacity has boosted global green development. In a panel discussion on "Decoding China's Economy: Present and Future," co-produced by CGTN and WEF, Hou Qijun, director and president of China National Petroleum Corporation (CNPC), talked about how energy consumption and economic growth are closely connected, and CNPC's commitment to green energy transition for sustainable development.