The National Development and Reform Commission (NDRC) is a macro-control department that comprehensively studies and formulates economic and social development policies, balances the aggregate and guides the overall economic system reform. The National Development and Reform Commission of the People's Republic of China, referred to as the National Development and Reform Commission for short, is the functional organization of the State Council. The predecessor of the National Development and Reform Commission is the State Planning Commission. The main responsibilities of the National Development and Reform Commission are: to formulate and organize the implementation of national economic and social development strategies and development plans; Study and analyze the economic situation and development at home and abroad, and make macroeconomic prediction and early warning; Summarize and analyze the financial and monetary situation, participate in the formulation of financial and monetary policies, formulate and organize the implementation of industrial policies and price policies; To study the major issues of economic restructuring and opening to the outside world, and organize the formulation of comprehensive economic restructuring plans. The National Development and Reform Commission (NDRC) is a government agency responsible for the examination and approval of projects. When the NDRC approves the project, the government allows the project development through the feasibility report, and investors can invest in the development and construction. What needs to be done is the construction and development of investment units. As a functional organization of the State Council, it is a macro-control department that comprehensively studies and formulates economic and social development policies, balances the total amount and guides the overall economic system reform. The National Development and Reform Commission, formerly the State Planning Commission, was established in 1952. The former State Planning Commission was renamed the State Development Planning Commission on 1998, and in 2003, some functions of the former the State Council Economic System Reform Office and the State Economic and Trade Commission were merged and reorganized into the National Development and Reform Commission.
The main responsibility of the National Development and Reform Commission is to formulate and organize the implementation of the national economic and social development strategy and undertake other tasks assigned by the State Council. To formulate and organize the implementation of national economic and social development strategies, medium and long-term plans and annual plans; Put forward the objectives and policies for the development of the national economy and the optimization of the main economic structure; Put forward suggestions on the use of various economic means and policies; Entrusted by the State Council, he made a report on the national economic and social development plan to the National People's Congress.
Legal basis: Interim Measures for the Approval of Investment Projects of Enterprises Article 2 The State formulates and publishes the catalogue of investment projects approved by the government (hereinafter referred to as the catalogue), defines the scope of investment projects subject to the approval system, divides the approval authority of each project approval authority, and makes timely adjustments according to the needs of economic operation and macro-control. The project approval authority mentioned in the preceding paragraph refers to the administrative organ that has the right to approve the enterprise investment projects specified in the Catalogue. Among them, the competent investment department of the State Council refers to the National Development and Reform Commission; The local government investment department refers to the local government development and reform commission (Planning Commission) and economic and trade commission (Economic Commission) with investment management functions as stipulated by the local government.