•

•

•

•

Source: U.S Department of State Air Quality Monitoring Program, China National

Environmental Monitoring Center.

•

•

0

20

40

60

80

100

120

4Q20

13

1Q20

14

2Q20

14

3Q20

14

4Q20

14

1Q20

15

2Q20

15

3Q20

15

4Q20

15

1Q20

16

2Q20

16

3Q20

16

4Q20

16

1Q20

17

2Q20

17

3Q20

17

4Q20

17

1Q20

18

2Q20

18

3Q20

18

Average PM 2.5 Concentration Seasonally Adjusted Average Water Quality Grade Seasonally Adjusted WHO Interim-2 Air Quality Target Equivalent US Surface Water Standards

•

Source: National Energy Administration, Rhodium Group.

Source: China Association of Automobile Manufacturers

0

20

40

60

80

100

120

1Q20

14

3Q20

14

1Q20

15

3Q20

15

1Q20

16

3Q20

16

1Q20

17

3Q20

17

1Q20

18

3Q20

18

Curtailed wind (TWh)

On-grid production (TWh)

0%

1%

2%

3%

4%

5%

6%

3Q20

14

4Q20

14

1Q20

15

2Q20

15

3Q20

15

4Q20

15

1Q20

16

2Q20

16

3Q20

16

4Q20

16

1Q20

17

2Q20

17

3Q20

17

4Q20

17

1Q20

18

2Q20

18

3Q20

18

Percentage of vehicles sold

Source: National Bureau of Statistics.

Source: China Electricity Council.

-10

0

10

20

30

40

503Q

2013

1Q20

14

3Q20

14

1Q20

15

3Q20

15

1Q20

16

3Q20

16

1Q20

17

3Q20

17

1Q20

18

3Q20

18

Non-fossil index 3 mma

0

500

1000

1500

2000

3Q20

13

1Q20

14

3Q20

14

1Q20

15

3Q20

15

1Q20

16

3Q20

16

1Q20

17

3Q20

17

1Q20

18

3Q20

18