A Chinese Communist party (CCP) five-year plan from 2016 had placed a heavy emphasis on reducing the use of coal and developing clean energy sources. In 2020 Xi Jinping, China’s leader, pledged that the country would become carbon neutral by 2060.
This prompted an era of reduced coal power approvals as local governments sought to keep their local economies in check with Beijing’s priorities. A rise in coal power approvals came in 2020 when the five-year plan came to an end, as local governments anticipated even tighter restrictions on coal expansion in the next round.