CEC Held the 2022 Analysis and Forecast Meeting on the Nation’s Economic Situation and the Development of the Power Industry

Mar 25, 2022 /CEC/ - On March 24, 2022, China Electricity Council (CEC) held the 2022 Analysis and Forecast Meeting on “The Nation’s Economic Situation and the Development of the Power Industry" with the theme of “Serving the Goal of Carbon Peaking under New Situation". Yang Kun, the Executive President of CEC, attended the Meeting and made a Keynote speech. Xia Zhong, the Deputy Secretary of the CPC Committee and Vice President of CEC, presided over the Meeting. Relevant officials and experts from the government departments, research institutions, state-owned power enterprises, Beijing and Guangzhou Power Exchange Centers were invited to make speeches on China's macroeconomic development situation, fiscal and financial policies and situation, the construction of the New Type Power System and electricity transactions of the power market, etc. The Meeting was held in a combination of "on-site plus online" form. More than 350,000 audiences watched the live broadcast of the Meeting.

In the keynote speech entitled " Destruction Came After Construction. Accelerating the Transformation and the High-Quality Development of the Power Industry”, Yang Kun introduced the new achievements in the development of the power industry in the context of the epidemic and tight power supply and demand situation in 2021, and made an in-depth analysis of the nation’s new situation and challenges faced by the power industry from the macroeconomic environment, energy and power situation and other aspects. He also pointed out that accelerating the construction of the New Type Power System would be the most important task of the power industry currently. The power industry should gradually push on the transformation of the coal-fired power from the main power source to the complementary one for system regulation. 

Qiu Xiaohua, the Former Director of the National Bureau of Statistics and Chief Economist of Sunshine Insurance Group, analyzed the internal and external environment of China's economic development in 2022, looked forward to China's economic operation situation in 2022 from the aspects of the consumption demand, investment, supply and foreign trade with a large number of detailed data, and objectively analyzed the impact of changes in domestic and foreign situations on China's inflation trend. 

Chen Hao, the Deputy Director of the Financial Research Bureau of the People's Bank of China, believed that the current reasonable growth of China's currency supply and social financing scale and the basic stability of the macro leverage ratio were conducive to the financial situation of the stable and rapid economic growth.

Chen Guoping, the Deputy General Manager and member of the CPC Committee of the State Grid Corporation of China, Shi Lianjun, General Manager of Beijing Power Exchange Center and Zhang Mianrong, the Chairman and Party Secretary of Guangzhou Power Exchange Center respectively put forward ideas and advisories for building the New Type Power System and promoting the construction of northern and southern regional power markets in their speeches.