China’s new energy strategy aims to shield economy from shocks – and meet climate targets

China has vowed to refine its energy strategy and ramp up major engineering projects over the next five years, placing energy security at the heart of its new development blueprint. The National Energy Administration announced on Monday that it would introduce a new development framework this year, together with a series of sector-specific plans, as Beijing enters its latest five-year plan period. “The internal and external environment for building China’s new energy system is undergoing...

By Xinyi Wu