Core Insights - The World Energy Council emphasizes China's significant progress in energy transition, with 74% of global photovoltaic and wind power projects currently under construction in China, presenting opportunities for developing a circular economy [1] - The forum highlighted the urgency and importance of accelerating the construction of a new power system in China, focusing on the "Nine Actions" outlined in the "Action Plan for Accelerating the Construction of a New Power System (2024-2027)" [1][2] - The new power system is seen as a crucial platform for achieving carbon neutrality goals, with energy security, clean low-carbon transition, technological innovation, industrial optimization, and market mechanism improvement identified as key components [2] Industry Developments - The electric power industry is advancing the construction of a new power system, optimizing energy structure, and continuously generating innovative results that promote a clean and low-carbon economic transformation [2] - The "14th Five-Year Plan" period is identified as a critical acceleration phase for building the new power system, requiring ongoing technological innovation to support green energy transition [2] - The forum, themed "Green Development for a Shared Future," included 17 parallel sessions focusing on various topics, including international energy sustainability and high-quality development for small and medium enterprises [2]