Because of China's increasingly limited energy supplies and serious environmental pollution, much attention has been paid to conserving energy and reducing emissions to help the country's economy achieve sustainable development. As the electric power industry is the largest consumer of coal resources in China and also emits high levels of air pollutants each year, the Chinese government has enacted many technical and economic policies for energy conservation and emission reduction in the last few years. These policies are summarized in this paper, along with relevant laws and medium- and long-term plans, all of which address ideas such as adjusting the power generation mix, promoting demand-side management, introducing energy-efficient scheduling, and installing desulfurization units. The paper also assesses the results of these policies by analyzing several key indicators of energy consumption and emissions. The analysis shows that although some progress has been made in conserving energy and reducing emissions, substantial work is still required for China to catch up with developed countries. Some suggestions for future work are provided.