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**On April 10, the National Development and Reform Commission published the \"11th Five-Year Plan for Energy Development\" on its website, proposing to deepen institutional reforms in areas such as coal, oil and natural gas, electricity, and renewable energy, as well as to improve the energy pricing system. “11th Five-Year Plan for Energy Regulation Formulation: China to enact a Petroleum and Natural Gas Law ； Formulate incentive policies for investment in the exploration and development of oil and gas resources, encourage the utilization of tailings and reserves that are difficult to exploit, and gradually establish and improve mechanisms for bidding for and withdrawing mining rights for oil and gas fields. “Overall plan for energy development during the 11th Five-Year Plan period: orderly development of coal ； Accelerate the development of oil and gas ； Develop hydropower actively while protecting the environment and managing immigration properly, optimize the development of thermal power, and advance nuclear power construction ； Vigorously develop renewable energy. Moderately accelerate the exploration and development of coal resources in the \"Three Wests\" (Shanxi, Shaanxi, and western Inner Mongolia), as well as oil and gas resources in the central and western regions and offshore areas, and hydroelectric resources in the southwest, in order to increase the output capacity of energy production bases ； Optimize the development of coal and onshore oil and gas resources in the east, stabilize production capacity, and alleviate the pressure on energy transportation. “Planning for the development of key projects during the 11th Five-Year Plan period: China will accelerate the development of six large-scale, high-quality thermal coal bases in Shendong, Northern Shaanxi, Huanglong (including Huating), Northern Shanxi, Eastern Shanxi, and Ningdong ； Focus on developing hydropower resources in the upper reaches of the Yellow River, the middle and upper reaches of the Yangtze River and its tributaries, as well as in the Lancang River, Red River, Wujiang River and other river basins ； The Tianwan Phase I and Guangdong Ling’ao Phase II nuclear power projects were completed, while nuclear power projects in Zhejiang’s Sanmen and Guangdong’s Yangjiang were put under construction. “Overall principles for oil and gas development during the 11th Five-Year Plan period: Following the principle of \"exploiting potential in the east, developing the west, accelerating efforts in offshore areas, and expanding activities in the south,\" efforts will be made to increase production through innovations in geological theory, the application of new technologies, and increased investment.