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1. The commitment is a good step forward, one that has been long in the making. BRI has passed its feverish early years when quantity was king. Project quality is the new priority now. Overseas coal projects have already been reduced in recent years.
CEIP is essentially a tool that Xi Jinping established to ensure his environmental agenda is implemented on the ground. The subjects of the inspection is various govt agencies. The target for this time, NEA, has been engulfed in corruption scandals in recent years.
1) China has now increased all 4 of its NDC headline targets. The peaking & carbon intensity targets are arguable the most important and have only received modest enhancement. The non FF target is politically easier, it sends a positive market signal, but can/should be higher.