# NDRC
Latest news and articles about NDRC
Total: 11 articles found
Former NDRC Deputy Director Xu Xianping Prosecuted on Major Bribery Charges
China has indicted former NDRC deputy director Xu Xianping on charges of taking especially large bribes. The case, investigated by the National Supervisory Commission, was handed to prosecutors and filed with the Chifeng Intermediate People’s Court, underscoring Beijing's sustained anti-corruption drive and its sensitivity around officials who oversaw economic planning.
Beijing Backs Hydrogen with Billions in Prizes as Industry Hunts Cheaper Green Fuel
Beijing has launched a performance‑based pilot scheme that offers up to Rmb1.6 billion per city cluster to scale hydrogen use, with national aims to cut hydrogen prices to Rmb25/kg on average by 2030 and to grow fuel-cell vehicle numbers to 100,000. Industry sees the policy as welcome but says cutting electricity costs and validating new electrolyser technologies are essential to make green hydrogen competitive.
China Bets Big on Beidou: From Phone Maps to Driverless Cars and a Trillion‑Yuan Industry
China’s NDRC has announced a major push to expand Beidou satellite navigation into consumer and industrial applications, targeting more than 1 trillion yuan in industry scale within five years after estimating 620 billion yuan by 2025. The programme prioritises autonomous driving, the low‑altitude aerial economy and intelligent robotics as arenas where Beidou will provide high‑precision positioning, emergency communications and multi‑agent coordination.
China’s Economic Chiefs Signal Targeted Growth Push: Big Fiscal Envelope, Faster Credit and Market Reforms
China’s top economic officials announced a coordinated set of fiscal, monetary and market measures to stabilise growth, strengthen domestic demand and accelerate strategic sectors such as AI. The plan combines record fiscal spending and transfers, a fiscal–financial coordination tool to mobilise private capital, targeted infrastructure and service-sector investment, and capital-market reforms to improve equity financing and investor protections.
China Announces Push for AI Mega‑Compute, Satellite Internet and Nuclear Fusion in New Wave of State Megaprojects
At a March 6 economic briefing, NDRC director Zheng Zhanjie announced China will accelerate major projects in ultra‑large AI computing, satellite internet and controlled nuclear fusion as part of a broader push for strategic, high‑investment industries. The plans signal Beijing’s intent to marshal state and market resources behind technologies deemed essential for long‑term economic and strategic independence.
Beijing Bets on More Than ¥6 Trillion of GDP Growth to Shore Up Jobs and Stability
NDRC chief Zheng Zhaijie told an NPC press briefing that China expects this year’s incremental GDP to exceed ¥6 trillion, a figure Beijing says will underpin jobs, livelihoods and risk control. The projection highlights a policy emphasis on generating a specific quantum of new economic activity through targeted fiscal and credit measures rather than on a single headline growth rate.
China Warns: Memory Chip Prices Surge on AI Demand, Forcing Consumer Electronics Price Rises
China’s price‑monitoring arm says DRAM and NAND prices have surged to multi‑year highs since September 2025, driven by explosive AI server demand, strategic capacity shifts by dominant suppliers, rising materials costs and downstream panic buying. The increases are already being passed on to PCs and smartphones and will weigh on manufacturing input prices and some consumer price categories until new capacity comes online.
Beijing Mandates 'Insure Before Take‑Off' for Drones — Liability Cover to Be Phased In by 2027
China has ordered the phased establishment of a mandatory liability insurance regime for unmanned aircraft, aiming for an initial system by 2027 and a comprehensive framework by 2030. The plan links insurance to flight approvals, promotes expanded insurance products across the drone value chain, and calls for a national data platform to support underwriting and supervision.
China Tightens Capacity‑Payment Regime to Shore Up Power Security and Smooth the Renewable Transition
China’s NDRC and NEA have instructed provinces to strengthen capacity‑price mechanisms for coal, gas, pumped storage and new grid storage, mandating that capacity payments recover at least 50% of coal units’ fixed costs and establishing rules for reliable capacity compensation tied to spot market development. The package aims to stabilise dispatchable revenues, encourage storage participation in markets and support reliability as renewables expand, while requiring provincial assessments of consumer affordability and stricter performance oversight.
Three Briefings, One Signal: Beijing Mobilises Policy Tools to Stabilise China’s Housing Market
On 20 January 2026 Beijing issued a trio of policy signals — income-support planning from the NDRC, a pledge of more expansive fiscal spending from the Finance Ministry, and new urban-renewal measures from the Ministry of Natural Resources — that together amount to a coordinated boost for the real-estate sector. The package signals a strategic pivot from short-term stimulus toward building household purchasing power and accelerating redevelopment as levers for stabilising growth and consumption.
Beijing Draws Up Plan to Lift Household Incomes as Consumption Becomes China’s Growth Bedrock
China’s NDRC is preparing a package of measures to boost urban and rural household incomes and shore up consumption, pairing immediate demand support—such as trade‑in subsidies and job stabilisation—with investment, service‑sector expansion, and reforms to spur private participation. The moves respond to data showing consumption is now a leading driver of growth even as officials warn of a supply‑demand imbalance.