Sinopec, through the release of the 2025 China Energy & Chemical Industry Development Report, has unveiled major forecasts on the global and Chinese energy landscapes. The report provides insights into the future of both fossil and renewable energy worldwide, highlighting a significant shift towards renewable energy. Key points include the expectation of renewable energy accounting for over half of global energy consumption by 2060, with hydrogen consumption projected to exceed 340 million tonnes by the same year. China's energy outlook focuses on peak energy consumption, a transition to non-fossil energy sources, and a peak in carbon emissions by 2030. The report also addresses challenges in China's chemical industry, emphasizing the importance of innovation for sustainable growth. Sinopec's vision and commitment to driving the energy transition signify a positive outlook on the future of energy and chemical industries in China. The company aims to guide policymakers and industry leaders through the evolving energy landscape, promoting sustainable and low-carbon solutions for a more environmentally friendly future.