Page 65 - REPORT ON THE IMPLEMENTATION OF THE 2022 PLAN FOR NATIONAL ECONOMIC AND SOCIAL EVELOPMENT AND ON THE 2023 DRAFT PLAN FOR NATIONAL ECONOMIC AND SOCIAL EVELOPMENT

trials for collaborative innovation in reducing pollution and carbon emissions in
regions, cities, industrial parks, and enterprises.

We will promote the clean, efficient use of coal, advance R&D in this field, and
work hard to upgrade coal-fired power plants to conserve resources, reduce carbon
emissions, make operations more flexible, and upgrade heat generation equipment.
We will actively work for the start of construction on the second batch of large

wind power and photovoltaic bases and facilitate construction approvals for the
third batch. We will develop energy storage industries and boost the development
of pumped-storage hydroelectric plants. We will accelerate the R&D, promotion,
and application of advanced energy-saving and carbon emission reduction

technologies; launch major demonstration projects for applying low-carbon,
zero-carbon, and carbon-negative technologies; and carry out trials for building
green and low-carbon cities.
We will improve the carbon emissions statistics and accounting system,
exercise effective management over the second compliance cycle of the national

market for trading carbon emission rights, improve the cap-and-trade system for
carbon emissions, and crack down on data fraud concerning carbon emissions. We
will promote the integration of the green electricity market and green electricity
certificate market with the carbon market and energy consumption control system.

We will continue to enhance the carbon absorption capacity of our ecosystems and
remain actively involved in global governance in response to climate change.
9. Strengthening support for national security and social stability and safeguarding
China’s new pattern of development with the new security architecture
We must be prepared to deal with worst-case scenarios, address both the

symptoms and the root causes of issues, and keep in mind both near- and
long-term concerns. For this purpose, we need to improve our capacity and
mechanisms for early warning, prevention, and control of risks and remain on high

alert against systemic security risks.
1) We will better manage major economic and financial risks.
Upholding the principle that housing is for living in and not for speculation,
we will move faster to build a housing system featuring multiple suppliers and
various channels of support that encourages both rentals and purchases, and we

will implement long-term mechanisms for the steady and healthy development of
the real estate market. We will give full play to city-specific policies, implement
differentiated housing credit policies, make good use of the supporting role of

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