Strengthened policies of risk control in key areas

The National Development and Reform Commission said China will strengthen risk prediction and strategy setting, keep grain markets stable, and ensure the supply of energy and resources. It will actively guide multiple entities to enter the market for purchasing; promptly approving the launch of the implementation plan of the minimum purchase price. It will improve a new type of monitoring and early warning system, closely monitor the performance of food, energy, and resources markets at home and abroad, and stabilize market expectations.

In terms of energy security, the country will promote the planning and construction of trans-provincial power transmission channels, increase oil and gas production and supply, speed up the construction of oil and gas pipeline networks, and improve reserve ability. It plans to adjust and optimize the energy mix, strengthen wind and solar power generation, coordinate hydropower development and ecological protection, actively develop nuclear power in a safe and orderly manner, strengthen energy projects for people's livelihood, and accelerate the development of a national unified electricity market.