On 23 May 2023, the Central Committee of the Communist Party of China and the State Council proposed ‘Several Opinions on Establishing a National Spatial Planning System and Supervising Its Implementation’ in order to establish a national spatial planning system and supervise its implementation. The document integrates spatial planning, such
On 23 May, Shandong Province released an implementation plan for synergized pollution reduction and carbon mitigation. This major step, jointly rolled out by the Department of Ecology and Environment and six other departments, aligns with the ‘National Strategic Decision on Carbon Peaking and Neutrality.’ Shandong’s Implementation Plan offers a
The Shandong electricity spot market saw negative prices for 22 consecutive hours (20:00; 1 May – 17:00; 2 May) during national holidays in May 2023. The spot power price fluctuated drastically from 1047.51 RMB/MWh to -85 RMB/MWh (see figure below). The combination of reduced demand due to the holiday break
Since 1 May 2023, Chinese governmental entities and enterprises are required to conduct a carbon impact analysis for every new investment project located in China. This new guideline was published by the National Development and Reform Commission (NDRC) on 3 March. The analysis needs to be included in the feasibility
The Ministry of Natural Resources issued the ‘Requirements for Strictly Adhering to the Bottom Line and Standardizing the implementation of Comprehensive Land Remediation Pilot in the Whole Region’ on 23 April 2023. The new requirements regulate land management and spatial planning at the national level. Their overall aim is to
Eleven ministries jointly issued the guideline on building a holistic standard system to achieve China’s carbon peaking and neutrality goals. The standard system contains four primary systems covering general standards, carbon emission reduction standards, carbon removal standards and market mechanism standards. The aim of the guideline is to address key