Core Insights - China's total primary energy production has surpassed 5.13 billion tons of standard coal for the first time, marking the best year for energy supply security during the 14th Five-Year Plan [1] - Non-fossil energy generation has seen rapid growth, with coal-fired power generation experiencing its first decline in a decade [1] - Domestic crude oil production continues to rise, with a diversified import structure showing significant improvement [1] Group 1: Energy Production - In 2025, China's primary energy production reached 5.13 billion tons of standard coal, exceeding the 5 billion tons mark for the first time [1] - The total coal production in 2025 was 4.85 billion tons, a year-on-year increase of 1.4%, which is 3 percentage points lower than the average growth rate during the 14th Five-Year Plan [1] - The total electricity generation from coal was approximately 6.3 trillion kilowatt-hours, showing a year-on-year decrease of 0.7% [1] Group 2: Non-Fossil Energy - In 2025, the newly added electricity generation from non-fossil energy accounted for 112.1% of the total new electricity consumption, marking the fourth consecutive time since 2020 that it exceeded 50% [1] - Non-fossil energy has become the main contributor to new electricity generation during the 14th Five-Year Plan [1] Group 3: Oil and Gas Production - In 2025, domestic crude oil production was 216 million tons, reflecting a year-on-year growth of 1.5% [1] - The total crude oil import volume was 578 million tons, a year-on-year increase of 4.4%, with the import structure continuously optimizing [1] - Natural gas production reached 620.6 billion cubic meters, marking a continuous increase of over 10 billion cubic meters for nine consecutive years, with a year-on-year growth of 6.3% [2] - Natural gas imports totaled 176.46 billion cubic meters, a year-on-year decrease of 2.8%, with pipeline gas imports increasing by 8.0% and LNG imports decreasing by 10.6% [2] - The dependence on foreign natural gas has dropped to 40%, the lowest level during the 14th Five-Year Plan [2]

煤炭产量稳步增长。据统计， 2025 年我国原煤产量 48.5 亿吨，同比增长 1.4 % ，低于"十四 五"年均增速 3 个百分点。 2025 年我国进口煤炭 4.9 亿吨，同比下降 9.6% 。 国内原油延续增产态势，进口多元化成效显著。 "十四五"时期，原油年产量重上 2 亿吨水平并保 持稳中有升， 2025 年原油产量 2. 16 亿吨，同比增长 1.5 % 。原油进口量 5.78 亿吨，同比增 长 4.4% ，原油进口结构不断优化，来源国已拓展至 40 个左右。 国产气产量保持增长，对外依存度创 "十四五"新低。 2025 年我国天然气产量 2620. 6 亿立方 米，连续 9 年增产超 100 亿立方米，同比增长 6.3 % 。全年天然气进口量 1764.6 亿立方米， 同比下降 2.8% ，其中进口管道气受中俄东线达产拉动，同比增长 8.0% ；进口 LNG 同比下降 10.6% 。天然气对外依存度 40 % ，处于"十四五"最低水平。 2025 年我国一次能源生产总量达到 51.3 亿吨标准煤，首次突破 50 亿吨大关， 能源 保供成效是 "十四五"最好的一年。 非化石能源发电量 持续快速增长 ...

Group 1 - The core viewpoint is that by 2026, China's total electricity consumption is expected to grow by 5% to 6%, reaching approximately 10.9 trillion to 11 trillion kilowatt-hours [2] - Solar power generation capacity is projected to surpass coal power generation capacity for the first time by the end of 2026 [3] - The total installed power generation capacity in China is expected to reach around 4.3 billion kilowatts by the end of 2026, with non-fossil energy sources accounting for 2.7 billion kilowatts, representing about 63% of the total capacity [5] Group 2 - The average annual growth rate of electricity consumption during the 14th Five-Year Plan period is expected to be around 5.5%, with wind and solar energy continuing to develop rapidly, adding over 200 million kilowatts annually [6] - The overall power supply and demand in China is expected to be balanced by 2026, although there may be tight supply during peak periods, which can be mitigated through inter-provincial and inter-regional cooperation [8] - The transition from coal to renewable energy sources is likened to a shift from a train pulled by a powerful locomotive to one driven by multiple smaller engines, requiring coordinated and stable operation [9]