China: Biofuels Annual
China is the world’s fourth largest ethanol producer and consumer after the United States, Brazil, and the European Union. However, it remains unclear how China will meet ambitious ethanol and biodiesel production targets set in its 13th Five Year Plan announced on October 24, 2016. China aims to expand ethanol production through newly implemented processor subsidies and import restrictions. China also aims to reform its energy consumption profile to meet international climate change commitments and domestic air pollution targets.
