『Abstract
　The passing of the Renewable Energy Law (REL) in 2005 demonstrated China's commitment to renewable energy development. In the 3 years after the REL, China's renewable electricity capacity grew rapidly. From 2006 to 2008, China's wind capacity installation more than doubled every year for 3 years in a row. However, three facts prevent us from being optimistic about China's renewable electricity future. First, considered as a share of total capacity, renewable electricity capacity is decreasing instead of increasing. his is due simply to the rapid growth of fossil fuel capacity. Second, a significant amount of renewable generation capacity is wasted because it is not connected to the electricity grid. Finally, renewable electricity plants are running at a low level of efficiency. Based on an in-depth analysis of China's existing renewable energy policy, we suggest that these challenges should be dealt with by introducing a market-based mandatory renewable portfolio requirement coupled with strong regulatory monitoring of grid enterprises.

Keywords: Renewable energy; Electricity; China』

1. Introduction
2. Existing policies for renewable electricity development in China
　2.1. Goals for renewable electricity development
　2.2. measures for renewable electricity development
　　2.2.1. Guaranteed grid access and cross-subsidization
　　2.2.2. A public fund for renewable energy development
　　2.2.3. Other economic incentives
3. Renewable electricity development after the Renewable Energy Law
4. Policy suggestions for a better renewable energy future in China
　4.1. Strengthen policy incentives for power companies through a mandatory renewable portfolio requirement
　4.2. Establish a market-based renewable portfolio requirement
　4.3. Strengthen regulation and monitoring of grid enterprises
　4.4. Guarantee the electricity consumer's right of choice
5. Conclusion
References