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Value of China's energy imports surges amid geopolitical uncertainty

The value of China’s energy imports showed continuous growth in the first four months of 2022, despite the continuous drop of import volumes, as global prices soared caused by geopolitical uncertainty, according to official data on Monday.
Chan Xiaoping Lin Boqiang Administration Of Customs Energy Economics Research At Xiamen University National Bureau Of Statistics China Center

Xi stresses energy security when carrying out carbon reductions

President Xi Jinping has called for proactive and prudent steps to advance carbon emissions peaking and carbon neutrality initiatives, while also stressing the need to ensure the security of energy, food, and industrial and supply chains in reducing carbon emissions, according to the Xinhua News Agency.
Inner Mongolia Autonomous Region Nei Mongol Fu Jianhua Li Shufu Chan Xiaoping Lin Boqiang

Xi stresses solid efforts for 'dual carbon' goal

Chinese President Xi Jinping has stressed fully grasping the urgency and arduousness of realizing the country’s goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, and he called for solid implementation of decisions and arrangements made by the Communist Party of China (CPC) Central Committee, the Xinhua News Agency reported on Tuesday.
Chan Xiaoping Lin Boqiang National Development Reform Commission Central Committee Party Of China

China's second nuclear unit with Hualong One reactor reaches criticality

Unit 6 of China National Nuclear Corporation’s (CNNC) Fuqing Nuclear Power Plant in Southeast China’s Fujian Province, the country’s second nuclear unit using Hualong One technology, a domestically developed third-generation reactor design, reached criticality for the first time on Saturday, marking its official entry into operation at power and an important step toward commissioning.
Yu Jianfeng Chan Xiaoping Xinhua Guo Donghai Xinhua Guo Donghaichina National Nuclear Corp Fuqing Nuclear Power Plant Xinhua News Agency

Nuclear a key part of new energy future

While the East Chinese city of Haiyangs adaptation of nuclear power plant residual steam - Chinas first city to do so to heat homes - has triggered certain safety concerns, experts and industry insiders have dispelled such concern in recent days, stressing that the heating process does not involve exchanging hot water or radioactive substances, and thus is ultra safe and reliable.
Yu Bing Liu Yang Chan Xiaoping Liu Hua People Daily National Energy Administration

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China to launch new data monitoring system, targeting coal market speculation, hoarding

China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of coal suppliers, as the latest government’s clampdown on market speculation and hoarding to curb tight power supplies as the winter dawns. At present, multiple testing and trial operations have been carried out on the ...
Chan Xiaoping National Coal Trading Center National Development National Public Credit Information Center Reform Commission Global Times

Powering Down Coal-Fired Economic Expansion

Slowing nationwide power demand and coal consumption, twin barometers for economic growth, suggest the Chinese economy may be sailing into the doldrums while at the same time changing its course.Electricity use in May rose a relatively mild 5.2 percent compared to the same month last year and just 1.5 percent over April’s level to 406 billion kilowatt hours, the National
Zhang Long Chan Xiaoping Wu Zhonghu Liu Huibao Wang Xianzheng Li Xunwei

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