Opinions of the General Office of the State Council on Improving the National Unified Electricity Market System
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and all subsequent plenary sessions of the 20th Central Committee, fully, accurately, and comprehensively apply the new development philosophy, and, in accordance with the requirements of building a unified national market, deepening power-sector reform, and developing a new-type power system, uphold national unity and smooth circulation. We will focus on breaking down market segmentation and removing regional barriers, promoting efficient interconnection and seamless integration among markets, and coordinating efforts to achieve a high-level, dynamic balance between supply and demand in the electricity market. We will strive to expand scale, improve structure, and broaden functionality, thereby establishing a sound electricity market system that is unified and open, characterized by orderly competition, safety and efficiency, and sound governance. On the basis of ensuring the safe and reliable operation of the power system, we will ensure smooth and orderly market operations, uniform and efficient trading rules, and fair and reasonable allocation of benefits, thus providing strong support for safeguarding energy security, promoting economic and social development, and advancing the green and low-carbon transition.