Government Policy

Xi Jinping pointed out that it is necessary to promote a comprehensive green transformation of the development mode and build a modern industrial system with distinctive advantages. We will not let up on the production of grain and important agricultural products, strengthen the support of agricultural science and technology and equipment, develop moderate-scale agricultural operations, and develop characteristic and advantageous agriculture according to local conditions.

The Party Group of the National Energy Administration (NEA) published an op-ed article in People's Daily entitled "Supporting Chinese-style modernization with energy transformation and development". The article focuses on China's strategic planning and practical progress in energy transition, emphasizing the key role of new energy sources and new energy storage technologies in promoting energy transition and supporting Chinese-style modernization.

The General Department of the National Energy Administration The General Office of the Ministry of Ecology and Environment issued the Notice on Doing a Good Job in Bridging the Renewable Energy Green Power Certificates and the Voluntary Emission Reduction Market (hereinafter referred to as the "Notice"), and answered reporters' questions on related issues.

The Ministry of Industry and Information Technology and other 11 departments issued the Notice on Matters Related to Promoting the Coordinated Development of New Information Infrastructure. It states, among other things, that it supports the coordinated construction of data center clusters and new energy bases, and promotes the coordinated development of arithmetic infrastructure with energy and water resources.

The General Office of the National Development and Reform Commission issued the Notice on the Establishment of a Working Mechanism for the Promotion of Private Investment Funds and Factor Guarantees, which proposes that, in accordance with the principle of selecting the best among the best, a number of projects in key areas such as transportation, energy, and water conservancy should be selected and promoted to the private capital, and that the efforts to focus on the promotion should be further intensified.

The State Administration of Financial Supervision and Administration issued the Circular on the Issuance of the Encouragement List and Negative List for the Business Development of Financial Leasing Companies and the Positive List for the Business of Project Companies.

The Ministry of Natural Resources released the implementation opinions on the protection and sustainable use of natural resources to solidly promote the construction of a beautiful China, and the document pointed out that it actively and steadily promotes carbon peak carbon neutralization.

The State Administration of Financial Supervision and Administration issued the Circular on the Issuance of the Encouragement List and Negative List for the Business Development of Financial Leasing Companies and the Positive List for the Business of Project Companies. Among them, the Encouragement List is oriented to national strategic needs, and includes important equipment and major technical equipment such as agricultural machinery, wind power and photovoltaic, photo-thermal power generation, pharmaceutical research and development, and ships in 27 industries, including agriculture, forestry, animal husbandry and fishery, new energy, pharmaceuticals, and ships and marine engineering, in the scope of the Encouragement.

The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued a circular on the Basic Rules for Medium- and Long-Term Transactions in Electricity -- Special Chapter on Green Power Transactions. The Circular states that power grid enterprises will effectively fulfill their responsibilities for power measurement and electricity bill settlement, and guarantee the implementation of green power trading contracts.

Recently, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued opinions on improving the market access system. It mentioned, among other things, the scientific determination of market access rules.