Against the backdrop of a tumultuous energy market with record-high fuel prices and with the serious power rationing in the domestic market still in fresh memory, China issued the much-awaited 14th Five-Year Plan (FYP) for the energy sector in March 2022. The 14th FYP confirms many of the recent policy directions including the energy transition toward a low-carbon future and the increasingly important role of market factors in domestic resource allocation. Unlike the 13th FYP—which set reducing overcapacity as a prioritized goal, the 14th FYP highlights the importance of energy supply security including relying on domestic coal resources while continuing to support clean energy development.
During this Energy Briefing, IHS Markit experts will discuss China's economic and energy market development pathway in the 14th FYP period (2021-25) and beyond, as well as related energy market development globally.
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Date: April 19 - 20, 2022 (China Standard Time)
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*Please click 'Agenda' for a detailed agenda