--- title: "Director of the National Energy Administration Wang Hongzhi: Promote the high-quality development of China's new energy with greater efforts" type: "News" locale: "en" url: "https://longbridge.com/en/news/258604782.md" description: "Wang Hongzhi, Director of the National Energy Administration, published an article in Learning Times, emphasizing the promotion of high-quality development of new energy in China. He pointed out the need to reduce costs and improve efficiency through technological innovation, renovate old power plants, and enhance the reliability and market competitiveness of new energy. At the same time, it is necessary to address the supply-demand imbalance in the industrial chain, rectify competition in the photovoltaic industry, and promote the healthy development of new energy generation and related industries" datetime: "2025-09-24T00:42:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258604782.md) - [en](https://longbridge.com/en/news/258604782.md) - [zh-HK](https://longbridge.com/zh-HK/news/258604782.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258604782.md) | [繁體中文](https://longbridge.com/zh-HK/news/258604782.md) # Director of the National Energy Administration Wang Hongzhi: Promote the high-quality development of China's new energy with greater efforts Wang Hongzhi, Director of the National Energy Administration, published a signed article titled "Promoting High-Quality Development of New Energy in China with Greater Efforts" in Learning Times, pointing out that driven by efficient development, it is essential to solidify and enhance the intrinsic motivation for high-quality development. Continuous technological innovation should drive cost reduction and efficiency improvement, orderly promote the renovation and upgrading of old power plants, and enhance operational efficiency. Proactively enhance the reliability of new energy output and system adaptability, improving the ability of new energy power plants to participate in electricity market competition. In addition, accelerate the resolution of the phased supply-demand imbalance in the upstream and downstream of the industrial chain, specifically rectify the "involution" competition in the photovoltaic industry, promote quality upgrades in industries such as photovoltaics, and facilitate orderly competition and healthy development of new energy generation and related industries ### Related Stocks - [GXED (900913.CN)](https://longbridge.com/en/quote/900913.CN.md) - [Penghua CSI Photovoltaic Industry ETF (159863.CN)](https://longbridge.com/en/quote/159863.CN.md) - [GXED (600617.CN)](https://longbridge.com/en/quote/600617.CN.md) ## Related News & Research - [The 2026 Kia EV6 GT Is Not Coming To The U.S.](https://longbridge.com/en/news/277903963.md) - [Slovak PM Fico: Wants to meet European Commission's von der Leyen to discuss restarting Druzhba pipeline flows as soon as possible](https://longbridge.com/en/news/277486121.md) - [ZO Future Pivots From Birmingham Blunder To NEV Longshot](https://longbridge.com/en/news/277779734.md) - [TSA moves to center of shutdown drama as jittery lawmakers offer warnings for economy](https://longbridge.com/en/news/277451866.md) - [China will raise minimum standard for urban-rural basic pension scheme by 20 yuan in 2026 - copy of official report](https://longbridge.com/en/news/277850759.md)