China Green Bulletin: Energy Security Remains a Priority, Australian Coal Import Ban Eased
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China continues to prioritize energy security in 2023
China’s National Energy Administration (NEA) held its 2023 Energy Work Conference at the end of the year. During the meeting, NEA Director Zhang Jianhua emphasized that the country in 2023 should make every effort to improve its ability to guarantee energy production and supply, with coal power as the “ballast stone.” Facing a global energy crisis and geopolitical tensions, the Chinese government is expected to pay increased attention to energy security while making a stable energy supply a priority. The NEA also suggested the industry should optimize the energy mix and accelerate the green transition from fossil fuel to clean energy sources.
Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
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