National Development and Reform Commission · Full chronicle and history

Affected by National Development and Reform Commission (NDRC) oil price limits and low inventory levels, reports circulated online on October 29 that diesel shortages erupted across multiple regions nationwide, with gas stations implementing temporary rationing or suspending sales.

Wu Hao, former secretary-general of the National Development and Reform Commission, has been expelled from the Party and removed from office; the notice states that he seriously interfered with the core powers of investment approval, listing review, and enterprise qualification.

On October 4, People's Daily ran a signed article under the pseudonym "Jin Xuan" of the National Development and Reform Commission for the tenth consecutive day, acknowledging that pressure on residents' employment and income growth constrains consumption capacity and willingness, that the endogenous momentum of consumption is insufficient, and that the vitality of private investment has weakened somewhat.

Starting from 24:00 on September 11, the National Development and Reform Commission announced a price increase for refined oil products, with gasoline and diesel rising by 260 yuan and 250 yuan per ton, respectively, despite implementing a so-called temporary price control. Combined with the price adjustment on August 28, these two rounds of increases have added approximately 0.48 yuan per liter for 92-octane gasoline and 0.52 yuan per liter for 0-diesel.

The National Development and Reform Commission and the State Administration for Market Regulation issued Document No. 1303, the "Notice on Matters Concerning Cost Accounting for Low-Price and Disorderly Competition in Important Industrial Products," requiring cost accounting for important industrial products.

The CCP's National Development and Reform Commission and the State Administration for Market Regulation issued NDRC Price [2026] No. 1303, the "Notice on Matters Concerning Cost Accounting for Low-Price Disorderly Competition in Important Industrial Products," stipulating that important industrial products must not engage in low-price disorderly competition, and determining a cost floor price for enterprises through administrative means.

On August 28, the National Development and Reform Commission raised domestic refined oil prices, with gasoline and diesel up 375 yuan and 360 yuan per ton respectively, marking the first of two rounds of oil price hikes within 14 days.

On August 21, 2026, the National Development and Reform Commission solicited public comments on the revised Measures for the Administration of Outbound Investment, incorporating for the first time direct overseas investment and reinvestment by individual residents within China into the approval and filing regulatory framework.

China's National Development and Reform Commission's Foreign Investment Security Review Office, in accordance with regulations, banned foreign investment in AI startup Manus, requiring the relevant parties to withdraw the acquisition deal.

China's National Development and Reform Commission announced that China has established paired cooperation with 46 African hospitals and has dispatched medical teams totaling 25,000 person-times to help Africa's medical sector.