Wang Hongzhi, Director of the National Energy Administration: China has established a relatively comprehensive energy production, supply, storage, and distribution system, as well as a mechanism to ensure stable supply and prices.

date
26/08/2025
Director of the National Energy Administration Wang Hongzhi stated that China has already established a relatively complete energy production, supply, storage, and sales system, as well as a mechanism to ensure stable supply and prices. The country's energy reserve capacity is steadily increasing, the oil and gas "national grid" is forming rapidly, and the resource allocation and adjustment functions of the national power grid are fully utilized. A number of inter-provincial power assistance projects and supporting regulatory power sources have been completed, and the response capability of electricity users is gradually being released. In recent years, despite frequent international geopolitical conflicts and large fluctuations in global energy supply and demand, China's energy supply and demand and civilian energy use have always remained stable and orderly.