The National Energy Administration issued the “Action Plan for Accelerating the High-Quality Development of the Energy Sector's Credit System.”
The notice proposes strengthening credit system development to foster an industry environment of integrity.
By the end of 2027, the credit regulation system and standards in the energy sector will be further refined, the quality of credit information collection and sharing will be significantly enhanced, mechanisms for rewarding trustworthy conduct and penalizing dishonest behavior will operate efficiently, the credit services market will develop healthily, and industry-wide integrity awareness and credit levels will be universally strengthened. Credit will become a vital force in accelerating the construction of a unified national market, maintaining fair and orderly market competition, and driving the green, low-carbon transformation and high-quality development of the energy sector.
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