National Development and Reform Commission

organization

Last mentioned: Mar 24, 2026

Timeline

  1. Peaking Deadline

    Target date for China to reach its absolute peak in carbon emissions.

  2. ETS Expansion

    Scheduled inclusion of heavy industry sectors into the national carbon market.

  3. Reform Acceleration

    New directives issued to deepen market-based reforms for energy security.

  4. Capital Pivot Reported

    Global financial institutions report a surge in tech-focused capital flows into China.

  5. National People's Congress

    The roadmap is formally adopted with specific high-tech FDI incentives.

  6. Climate Change Law Adopted

    The NPC formally passes landmark legislation codifying decarbonization targets.

  7. Market Reform Acceleration

    New directives issued to finalize market-based pricing for all industrial and commercial users.

  8. Draft Proposal

    Initial outlines of the 15th Five-Year Plan emphasize tech self-reliance.

  9. Spot Market Expansion

    Pilot spot markets expanded to cover the majority of Chinese provinces.

  10. Energy Law Passed

    China adopts its first comprehensive Energy Law, setting the stage for climate legislation.

  11. Spot Market Expansion

    Inter-provincial spot trading reaches record volumes during summer peak.

  12. Unified Market Blueprint

    Guidelines released for the construction of a unified national power market system.

  13. Unified Market Guidelines

    NDRC issues foundational document for a unified national power market system.

  14. Pricing Liberalization

    NDRC allows coal-fired power prices to fluctuate by up to 20%.

  15. National Carbon Market

    China launches its national carbon emissions trading scheme for the power sector.

  16. Dual Carbon Pledge

    President Xi Jinping announces 2030/2060 goals at the UN General Assembly.

Stories mentioning National Development and Reform Commission 4

markets Bullish

Foreign Capital Pivots to High-Tech China Amid Five-Year Roadmap Launch

The launch of China's latest five-year economic roadmap has triggered a strategic shift in foreign direct investment toward high-tech sectors. International capital is increasingly bypassing traditional manufacturing and real estate in favor of advanced electronics, green energy, and artificial intelligence.

3 sources
regulation Bullish

China’s Landmark Climate Law Signals New Era for Global Green Energy Markets

China has enacted a comprehensive landmark Climate Change Law, codifying its 2030 carbon peaking and 2060 neutrality goals into binding national legislation. This move provides the regulatory backbone for the 15th Five-Year Plan and is expected to stabilize global green supply chains while accelerating domestic grid modernization.

3 sources