The National Development and Reform Commission (NDRC) is a key agency of the People's Republic of China responsible for formulating and implementing economic and social development policies. It plays a crucial role in planning the country's economic growth, managing resources, and promoting sustainable development. The NDRC also oversees major projects and investments, ensuring they align with national goals. Additionally, the NDRC is involved in regulating prices and managing energy resources. It works closely with other government bodies to coordinate policies that affect various sectors, including infrastructure, environmental protection, and social welfare, contributing to the overall stability and growth of the Chinese economy.