Ensuring energy security is of utmost importance in promoting the high-quality development of China's power industry. Electricity is the carrier of green and low-carbon energy transformation, and the power grid is the platform to ensure energy security. As the industry leader, SGCC will deeply implement the new strategy of energy security, further promote the revolution of energy consumption, energy supply, energy technology, and energy system, deepen international cooperation, better support and serve Chinese path to modernization, and make greater contributions to jointly building a clean and beautiful world. The Mertiyari Lahore ± 660kV DC transmission project in Pakistan is a priority implementation project in the China Pakistan Economic Corridor and the only power grid project in the corridor. It is also the first national power grid project to adopt the ± 660kV DC technology scheme for investment, construction, and operation integration internationally. The picture shows on March 1, 2024, a comprehensive maintenance was carried out on the project, and the staff were washing the insulators. The Publicity Department of the State Grid Party Group provides images to enrich people's sense of gain and continuously meet their demand for green and low-carbon electricity for a better life. Promoting green and low-carbon economic and social development is a key link in achieving high-quality development. State Grid will focus on promoting energy conservation and efficiency improvement throughout society, steadily and orderly promoting electricity substitution, and promoting the formation of green production and lifestyle. Actively guide the whole society to conserve energy, use energy efficiently, and use energy in a green manner. Continuously improving service quality and promoting the extension and expansion of "power supply services" to "power supply+energy efficiency services". Actively promote energy conservation and efficiency improvement in key areas such as industrial enterprises and public institutions, promote energy efficiency diagnosis, energy custody and other services, and carry out residents' "e-start energy-saving" activities in depth. Deepen the implementation of electricity substitution, promote the use of electricity instead of coal for clean heating in northern regions, fully serve and ensure the warmth of "coal to electricity" users during winter, promote the charging of new energy vehicles and the construction of port shore power infrastructure, and optimize the network layout of charging infrastructure. Strengthen the energy conservation, land conservation, water conservation, and material conservation throughout the entire process of power grid engineering construction, and promote the renovation of old and high energy consuming transformers. Deepen the construction of the "State Grid Green Chain", create a green and low-carbon scenario for the entire supply chain, and help form a green industry cluster. Make electricity security more powerful and firmly hold the job of energy in one's own hands. To ensure energy security, reliability, and clean supply, it is necessary to achieve multi-objective balance and increase energy supply through multiple channels. State Grid Corporation of China will take a strong ultra-high voltage and main grid structure as the foundation for high-quality development of the power grid, and a distribution network as the key to high-quality development of the power grid. It will accelerate the coordinated development of power grids at all levels, actively serve the transmission of large-scale wind and photovoltaic bases in the "Shagohuang" region, promote the intensive development of new energy, strengthen the construction of distribution networks, serve the distributed development of new energy, and promote the flexible connection, reliable transmission, and efficient consumption of various types of power sources such as conventional power sources, new energy sources, and pumped storage energy. Deepen the analysis of power supply and demand balance, strengthen the construction of power regulation system, improve the safe operation level of the power grid, and do a good job in ensuring power supply with a sense of responsibility that is always at ease. Scientifically and reasonably arrange power grid projects and construction schedules, and fully serve the implementation of major strategies such as regional coordinated development, main functional areas, and new urbanization. Make innovation momentum more vigorous and strive to achieve high-level technological self-reliance and self-improvement. Promoting the iteration and upgrading of key technologies and core products, as well as empowering new technological wisdom, is the fundamental measure to cultivate new driving forces for development. State Grid will continue to increase efforts in tackling key core technologies, promote the improvement of modern industrial systems, and strengthen the construction of high-level talent teams. Focusing on ensuring national energy security and achieving the "dual carbon" goals, we will conduct in-depth research on the impact of power supply structure, load characteristics, climate change, and other factors on the operation of the power system, and vigorously carry out research on key equipment and core components. Accelerate the research on the collaborative operation technology of new energy and various resources, strengthen the construction of experimental research and development capabilities, and improve the standard system of the new power system. Strengthen the role of original technology as a source, with the construction of a new power system as the driving force, and promote the deep integration of innovation chain, industry chain, capital chain, talent chain. Strengthen digital empowerment and scale application, and deeply apply technologies such as the Internet of Things, artificial intelligence, and power Beidou. Continuously building a high-quality professional talent team, with the persistence of "achieving something for a lifetime", to achieve a valuable life. Make the governance system more effective and build a unified national electricity market. A unified, open, and orderly competitive electricity market system is an important foundation for achieving optimal allocation of electricity resources. State Grid will assist in the development of new elements and formats, continuously improve management and service levels, and promote the improvement of the electricity price formation mechanism. Strengthen the research on new business formats such as wind, solar, water, fire, and energy storage joint venture, integration of source, network, load, and storage, market subject rights and responsibilities, and transaction models, to promote multi energy complementarity. Improve the participation mechanism in the electricity market for new energy, distributed power generation, virtual power plants, and user side energy storage. Promote the integration and development of the electricity market with markets such as carbon emission trading, energy rights trading, and green certificate trading. Assist in optimizing and improving the policy mechanism for purchasing electricity through agents, enhance the quality and efficiency of purchasing electricity through agents, and enhance customer experience. Actively improving the business environment for electricity, vigorously implementing the "Sunshine Industry Expansion", continuously expanding the "One Network Service", and better meeting the diversified and personalized needs of customers. Cooperate with government departments to deepen the market-oriented reform of electricity prices, strengthen cost guidance for upstream and downstream electricity, establish a market mechanism for reasonable allocation of system costs among various entities, and achieve efficient and coordinated operation of multi-level and various markets. Let international cooperation be more extensive and contribute to the national network for the joint construction of the "the Belt and Road". Energy cooperation is a key area for the joint construction of the "the Belt and Road". State Grid will actively and steadily explore the international market, strengthen the operation and management of overseas assets, and act as the image ambassador of the "the Belt and Road". Utilize and leverage the platform role of international organizations such as IEC, actively participate in international standard construction, and comprehensively enhance the discourse power of global energy governance. Following the principle of consultation, co construction and sharing, focusing on key markets and projects, expanding international business with high quality, continuously leveraging advantages in technology, equipment, standards, culture, etc., cultivating new growth points for energy transformation, and cultivating core competitiveness in the international market. Steadily operate overseas assets, strengthen communication with local regulatory agencies, ensure safe production of overseas power grid operations, strengthen major project management, improve operational quality and efficiency, promote sustainable global energy development, steadily expand "circle of friends", and form more grounded and people-centered cooperation results. We will fulfill our overseas social responsibilities to a high standard, continue to promote "small and beautiful" popular projects, promote people to people communication, build a "heart to heart bridge", and create five models of quality, innovation, governance, culture, and responsibility, as well as three leading global well-known brands in management, reputation, and value. (Lai Xin She)