Policy & RegulationAnalysis

China's NDRC Outlines Priorities for Private Sector, Energy, and Networks

At its June press conference, China's top economic planner detailed implementation of the Private Economy Promotion Law, equipment trade-in initiatives, and power market reforms.

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The Brief

On June 18, 2026, China's National Development and Reform Commission (NDRC) held its monthly press conference led by Li Chao, deputy director of the Policy Research Office and spokesperson. The briefing focused on legal protections for the private economy, the 2026 National Energy Conservation Publicity Week, and progress on the 'two new' policy framework encouraging equipment updates and consumer trade-ins. NDRC officials also answered questions from over 70 journalists regarding computing power grids, market-based trading of transmission rights, coal safety, and project management for high-energy, high-emission facilities.

Why it matters

The briefing addresses critical market and policy topics, including legal guarantees for private enterprises, nationwide equipment upgrades, consumer goods trade-ins, and digital energy infrastructure. It serves as an essential indicator for evaluating short- to medium-term policy implementation and macroeconomic structural reforms in China.

China context

Beijing's policy agenda emphasizes solidifying the legal foundation for the private sector, accelerating green transitions through strict project management of high-emission facilities, and constructing a unified national market via market-based power trading and upgraded logistics networks.

Editor's View

EDITOR'S VIEW — Analysis and inference, not factual reporting. The NDRC's press conference reflects macroeconomic strategy that balances industrial modernization with environmental and legal frameworks. Rather than introducing single major economic adjustments, policy planners are emphasizing institutional execution, such as legal protections for private businesses and market mechanisms for energy transmission.

What to watch

  • Follow-up release and nationwide replication of typical cases under the Private Economy Promotion Law.
  • Implementation metrics and incremental support measures under the 'two new' policy framework during the second half of the year.
  • Pilot progress in national computing power networks and market-based transmission rights trading.

Key Takeaways

  • 1NDRC spokesperson Li Chao briefed media on private sector legal protections and national energy conservation initiatives.
  • 2Key policy topics covered the 'two new' framework on equipment upgrades and consumer trade-ins, alongside 'two high' project controls.
  • 3Infrastructure priorities highlighted computing power grids, logistics networks, and market-based power transmission trading.
  • 4More than 70 domestic and international journalists attended the June press conference.
On the morning of June 18, 2026, China’s National Development and Reform Commission (NDRC) hosted its monthly press conference in Beijing, outlining major policy priorities spanning private sector development, green transitions, and market infrastructure upgrades. Li Chao, deputy director of the NDRC's Policy Research Office and official spokesperson, chaired the press event. Li introduced arrangements for the 2026 National Energy Conservation Publicity Week and shared typical operational cases demonstrating the implementation of the Private Economy Promotion Law. The conference attracted attendance from over 70 journalists representing more than 60 domestic and international media organizations. During the Q&A session, media attention focused heavily on the execution and outcomes of the 'two new' policies, which aim to encourage large-scale equipment updates alongside consumer goods trade-ins. Spokespersons also responded to inquiries regarding China's broader industrial competitiveness and strict project management targeted at 'two high' facilities—referring to projects featuring high energy consumption and elevated emissions levels. Network infrastructure and market-oriented resource allocation formed another pillar of the briefing. NDRC officials detailed ongoing initiatives regarding computing power network development, logistics network enhancements, and the implementation of market-based trading for power transmission rights. These efforts aim to streamline national supply chains and improve energy market efficiency across diverse regional networks. Finally, the commission addressed energy security and administrative reform measures. Representatives outlined strategies for maintaining coal production safety while guaranteeing stable fuel supplies to satisfy demand. The NDRC also emphasized the broader rollout of tested experiences from regional comprehensive reform pilots, aiming to standardize operational practices and foster sustainable macroeconomic growth.

Sources

  1. 【国家发展改革委举行6月份新闻发布会】-国家发展和改革委员会 National Development and Reform Commission · 7/28/2026