In the first half of the year, geopolitical conflicts continued to disrupt the international oil and gas supply chain. Under such circumstances, China still achieved “freedom of air conditioning” and “freedom of use of electricity.” At the July press conference of the National Development and Reform Commission held today, relevant officials of the National Development and Reform Commission said that the reason why China's energy system has shown strong resilience and withstood huge tests is that the Party Central Committee has overseen the overall situation and scientific planning. All parties have paid close attention to implementation, and the system has built a “four-tier insurance.” Jiang Yi, director of the Policy Research Office of the National Development and Reform Commission and press spokesman, explained that from a supply perspective, traditional energy sources have strong backing, and new energy sources have become an important vital force in electricity supply. Second, in terms of demand, the green and low-carbon transformation continues to be strengthened, and the energy consumption structure continues to be optimized. Since the 18th National Congress of the Party, China has supported economic growth of about 6% per year with an average annual energy consumption growth rate of about 3.3%. Third, judging from the support conditions, infrastructure forms hard support, and reform and innovation stimulate motivation and vitality. The “national network” of oil and gas is tightly woven, and the total mileage of long-distance oil and gas pipelines is equivalent to orbiting the Earth's equator 5 times. Fourth, from the perspective of international cooperation, import sources are diversifying and diversified import patterns are being formed at an accelerated pace. Four major energy import channels have been built in the northwest, northeast, southwest and offshore, covering more than 100 countries and regions. At the same time, in the face of drastic fluctuations in the international energy market, China promptly introduced a series of temporary measures to control the price of refined oil products. During the sharp rise in international oil prices in March, the price increase for two consecutive rounds of refined oil products was only about 50% of the increase according to the mechanism, effectively reducing fuel costs for the whole society and minimizing the pressure transmitted from international oil prices to the real economy and residents' production and life.

In the first half of the year, geopolitical conflicts continued to disrupt the international oil and gas supply chain. Under such circumstances, China still achieved “freedom of air conditioning” and “freedom of use of electricity.” At the July press conference of the National Development and Reform Commission held today, relevant officials of the National Development and Reform Commission said that the reason why China's energy system has shown strong resilience and withstood huge tests is that the Party Central Committee has overseen the overall situation and scientific planning. All parties have paid close attention to implementation, and the system has built a “four-tier insurance.” Jiang Yi, director of the Policy Research Office of the National Development and Reform Commission and press spokesman, explained that from a supply perspective, traditional energy sources have strong backing, and new energy sources have become an important vital force in electricity supply. Second, in terms of demand, the green and low-carbon transformation continues to be strengthened, and the energy consumption structure continues to be optimized. Since the 18th National Congress of the Party, China has supported economic growth of about 6% per year with an average annual energy consumption growth rate of about 3.3%. Third, judging from the support conditions, infrastructure forms hard support, and reform and innovation stimulate motivation and vitality. The “national network” of oil and gas is tightly woven, and the total mileage of long-distance oil and gas pipelines is equivalent to orbiting the Earth's equator 5 times. Fourth, from the perspective of international cooperation, import sources are diversifying and diversified import patterns are being formed at an accelerated pace. Four major energy import channels have been built in the northwest, northeast, southwest and offshore, covering more than 100 countries and regions. At the same time, in the face of drastic fluctuations in the international energy market, China promptly introduced a series of temporary measures to control the price of refined oil products. During the sharp rise in international oil prices in March, the price increase for two consecutive rounds of refined oil products was only about 50% of the increase according to the mechanism, effectively reducing fuel costs for the whole society and minimizing the pressure transmitted from international oil prices to the real economy and residents' production and life.