On October 14, the National Development and Reform Commission (NDRC) officially released the document titled Administrative Measures for Special Central Budgetary Investment in Energy Conservation and Carbon Reduction.

The policy supports initiatives in key areas such as energy conservation and carbon reduction in major industries, clean alternatives to coal consumption, circular economy for carbon reduction, low-carbon, zero-carbon, and negative-carbon demonstration projects, and infrastructure capacity building for carbon peaking and carbon neutrality.

The supported areas include:

(1) Energy Conservation and Carbon Reduction Projects in Key Industries

Support will be given to energy conservation and carbon reduction upgrades in key industries such as power generation, steel, nonferrous metals, building materials, petrochemicals, chemicals, and machinery.

Support will also be provided for large-scale energy-saving and carbon-reduction retrofits deployed across industrial parks and industry clusters.

Energy-saving and carbon-reduction upgrades for heating systems, computing infrastructure, and central government agencies are also included.

(2) Clean Alternatives to Coal Consumption

Support will be provided for low-carbon retrofits of coal-fired power units and coal-chemical projects.
Industries such as food processing, tobacco, textiles, papermaking, and dyeing will receive support for replacing coal-fired boilers and industrial kilns with clean energy.

Urban and rural residents will be supported in adopting geothermal energy and biomass energy for heating.

(3) Circular Economy for Carbon Reduction

Support will be provided for:

• Circular transformation of industrial parks,

• Construction and renovation of national “urban mines” demonstration bases and resource recycling utilization bases,

• Establishment of large-scale standardized recycling stations and green sorting centers,

• Recycling and comprehensive utilization of renewable resources and bulk solid wastes, as well as remanufacturing of retired equipment,

• Resource and energy utilization of agricultural and forestry residues,

• Production and application promotion of degradable plastics and recyclable express packaging products,

• Infrastructure construction and product application promotion for “bamboo replacing plastic” initiatives.

(4) Low-Carbon, Zero-Carbon, and Negative-Carbon Demonstration Projects

Support will be provided for:

• Demonstration and application of advanced green and low-carbon technologies,

• Construction and renovation of energy supply facilities, infrastructure, and carbon-reduction processes in zero-carbon industrial parks and zero-carbon transport corridors to achieve near-zero carbon goals,

• Green methanol and sustainable aviation fuel production projects,

• Large-scale carbon capture, utilization, and storage (CCUS) project construction.

(5) Infrastructure Capacity Building for Carbon Peaking and Carbon Neutrality

Support will focus on foundational capabilities such as carbon emission measurement, statistics, accounting, and monitoring, including:

• Carbon emission data management systems,

• Greenhouse gas emission factor databases,

• Carbon emission measurement systems, etc.

  
  

This category only supports government-invested projects, which must be included in national-level plans or schemes and implemented in accordance with national standards and requirements.

(6) Other Projects

Projects arranged to implement major tasks assigned by the CPC Central Committee and the State Council will also be supported.