Xi Accelerates New Energy Push Amid Mideast Conflict
By Reuters | 06 Apr, 2026
Chinese President Xi Jinping calls for more hydropower and nuclear power while protecting the environment as the world suffers energy shocks from the Mideast conflict.
Chinese President Xi Jinping attends the closing session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 12, 2026. REUTERS/Tingshu Wang
Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country's energy security, weeks into the Iran war that has triggered global energy shocks.
The leader of the world's second-largest economy also emphasised hydropower development and ecological protection, while urging the safe and orderly expansion of nuclear power, according to state broadcaster CCTV on Monday.
"The Party Central Committee has gained a profound grasp of global energy development trends and made major decisions by advancing the new energy security strategy in depth," he said, referring to the ruling Communist Party's centre of authority.
Xi did not directly mention the war in his remarks cited by CCTV.
The United States and Iran have been weighing a Pakistani-brokered plan that could end their five‑week-old conflict, even as Tehran pushed back against pressure to swiftly reopen the Strait of Hormuz.
ROLE OF COAL AND GREENER ENERGY
Analysts have pointed out that China is relatively better-positioned to absorb the higher oil prices. Coal accounts for more than half of its energy mix, while it has ample oil stockpiles and imports via the Strait of Hormuz represent only around 5% of total energy consumption.
"The path we took in being the first to develop wind and solar power has now proven to be forward-looking. At the same time, coal-fired power remains the foundation of our energy system and must continue to play its supporting role," Xi said.
China operates more than half of the world's coal-fired power capacity, making it the top carbon emitter, which Western-led climate initiatives have long contended with. The country continues to position coal power as a reliability backbone and flexible backup system, even as it accelerates renewables.
Although he underscored the role of coal in China's energy mix, the president said the country—the world's largest consumer of coal—must stay committed to clean, low-carbon development.
"A greener, more diversified and resilient new energy system will provide a strong guarantee for China's energy security and economic development," CCTV said.
Last July, China began construction of what will be the world's largest hydropower dam on the eastern rim of the Tibetan Plateau.
Construction on a solar thermal power plant by China General Nuclear Power Group at an altitude of 4,550 metres in Tibet has also begun on Monday, according to state Xinhua News Agency.
(Reporting by Liz Lee in Beijing and Claire Fu in Singapore; Editing by Janane Venkatraman)
Recent Articles
- US Consumers Favor Homebuying over Renting for First Time Since 2023
- US Manufacturing Rises but Factory Employment Falls to Six-Year Low
- Meta Launches Cheaper AI Smart Glasses Starting at $299
- How the Philippines Went from an Asian Economic Leader to Laggard
- Pakistan May See Economic Dividend from Its Role As Peacekeeper
- KOSPI Plunges Nearly 10% After Regulator Warns on Leveraged ETFs
- Asian Refiners See Little Room for Iranian Oil, Leaving China as Key Buyer After US Waiver
- China Beats US with World's Fastest Non-AI Supercomputer
- Mamdani's Socialist Pull to Be Tested in Tuesday's Primaries
- Chinese Self-Driver Momenta to Launch Hong Kong IPO Next Week
