On January 10, 2024, Baoding Municipal Bureau of Natural Resources and Planning of Hebei Province commissioned Baoding Municipal Public Resources Trading Center to, among other things, 11 geothermal mining rights, which were offered at public auction, all of which were sold.

This geothermal mining rights auction, commissioned by the Hebei Provincial Department of Natural Resources, according to the law in the Ministry of Natural Resources, the Provincial Department of Natural Resources, the Municipal Bureau of Natural Resources and Planning, and the official website of the Baoding Public Resources Trading Center synchronized with the announcement of the public auction of mining rights after 20 working days, but also since 2018, the city's first mining rights for sale. It is also the first time since 2018 that the city's mining rights have been sold., largely enhancing the ability to protect people's livelihood and heating, further standardizing the order of geothermal resources development and utilization in Baoding, and making a new contribution to promoting the city's construction of a clean and low-carbon energy supply and advancing the development of green and high-quality development.

The next step, Baoding City, Hebei Province, Natural Resources and Planning Bureau will further strengthen the city's exploration and development of medium and deep geothermal resources, and actively focus on the utilization of geothermal resources, innovative science and technology, and scientifically promote the rational distribution of geothermal resources, safe and sustainable use.