Chinese President Xi Jinping calls for new energy system amid global shock

Chinese President Xi Jinping calls for new energy system amid global shock Chinese President Xi Jinping called for faster development of a new energy system to ensure energy security, state broadcaster CCTV reported, as global fuel prices surge following the US-Israeli attack on Iran. Xi did not directly mention the conflict but said China’s leadership has a “profound grasp of global energy development trends” and is advancing a new energy security strategy, emphasising the need to strengthen domestic capacity. He also stressed expanding hydropower and the “safe and orderly expansion” of nuclear energy.