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Director of the National Energy Administration Wang Hongzhi stated that at present, China has established a relatively complete energy production, supply, storage, and sales system, as well as a mechanism to ensure stable prices. The country's energy storage capacity is steadily increasing, and efforts to integrate oil and gas resources nationwide are accelerating to form a large power grid. The role of resource allocation and regulation is fully utilized, with the construction of inter-provincial power assistance projects and supportive regulatory power sources gradually being put into operation. In recent years, faced with frequent international geopolitical conflicts and significant fluctuations in global energy supply and demand, China's energy supply and demand, as well as civilian energy use, have always remained stable and orderly (China.com).
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