Government Policy

On March 20, the National Energy Administration issued a notice on further organizing and implementing the "Thousands of Households Bathing in the Light Action".

March 10, the National Energy Board Comprehensive Division on the issuance of the "2025 energy industry standard plan project guidelines" notice, the notice pointed out that an in-depth analysis of the energy development and reform of the new situation and new requirements, closely focusing on the protection of energy security and green and low-carbon transformation, and to promote the development of new energy technologies, new industries, new forms of development, focusing on the key areas and key technological requirements, the proposed energy industry standard plan.

Steady progress has been made in promoting carbon peaking and carbon neutrality. It has strengthened support for the research and development and promotion of the application of advanced green and low-carbon technologies, strongly supported the development of renewable energy, continued to promote new energy vehicles, supported the construction of a recycling system for waste materials, and optimized the Government's green procurement policy.

On February 27, the National Energy Administration (NEA) issued a notice on the Guidance Opinions on Energy Work in 2025 and interpreted the policy. The Opinions mentioned among the main objectives that the supply security capacity will continue to increase. The total amount of national energy production is steadily increasing. Coal production has increased steadily, crude oil production has remained above 200 million tons, natural gas production has maintained rapid growth, and the scale of oil and gas reserves has continued to increase. The total installed power generation capacity of the country has reached more than 3.6 billion kilowatts, the new energy generation capacity has increased by more than 200 million kilowatts, the power generation capacity has reached about 10.6 trillion kilowatt-hours, and the cross-province and cross-region transmission capacity has been continuously improved.

food security, ensure that poverty does not return on a large scale, improve the level of rural industrial development, rural construction, rural governance, and do everything possible to promote agricultural efficiency, rural vitality, and farmers' income, and provide basic support for the advancement of Chinese-style modernization. This is the 13th centralized No. 1 document guiding the work of the "three rural areas" since the 18th National Congress of the CPC.

February 17, the Ministry of Industry and Information Technology and other eight departments on the issuance of "new energy storage manufacturing high-quality development action plan" notice, the notice pointed out that the promotion of "photovoltaic + energy storage" system in the city lighting, traffic signals, agriculture and rural areas, public broadcasting, "intelligent carport "and other public infrastructure integration and application, encourage the construction of micro off-grid energy storage system.

A few days ago, the five departments on the adjustment of major technical equipment import tax policy related catalog notice

On February 12, the Ministry of Ecology and Environment, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, the Ministry of Transportation, and the Ministry of Agriculture and Rural Development jointly released the Catalogue of Low-Carbon Technologies to be Promoted by the State (Fifth Batch). Including large-scale photovoltaic power station intelligent flexible control technology and devices, calcite solar cell scale application technology, new energy photovoltaic gas film application technology, distributed photovoltaic DC access to electrolytic aluminum flexible DC microgrid power supply technology.

February 8, Shandong Province to grasp the reform and innovation to promote energy transformation will be held in Jinan, the meeting proposed, unswervingly and vigorously develop clean energy, active, safe and orderly development of nuclear power, land and sea to accelerate the development of wind power, collection and distribution and categorization of the development of photovoltaic, diversified development and utilization of geothermal energy according to local conditions. Promote new energy consumption by all means, strengthen the planning and layout of energy storage, strengthen the supporting construction of the power grid to deepen the reform to promote the integration of the source network and storage.

On February 7, the China Securities Regulatory Commission (CSRC) issued the "Opinions on the Implementation of the "Five Articles" on Capital Market Finance", requesting the promotion of elemental resources to scientific and technological innovation, advanced manufacturing, green and low-carbon, and people's livelihood, such as major strategies, key areas and weak links, and to better meet the needs of high-quality development of high-quality financial services.