Conceptual design study of a commercial High Temperature Gas-cooled Reactor (HTGR) for early introduction has been performed based on the cumulated experience in design, construction, and operation of the High Temperature engineering Test Reactor (HTTR) and design of the commercial Gas Turbine High Temperature Reactor 300 (GTHTR300). The power output is 165MWt and the inlet and outlet coolant temperatures are 325 degrees C and 750 degrees C, respectively, to provide steam for industrial utilization. However, given a requirement for the reactor pressure vessel to be smaller even that of the 30 MWt HTTR, several challenging technical problems have to be dealt with to arrive in a high performance core design that provides extended fuel burnup, prolonged refueling period, improved fuel refueling scheme, improved fuel element and so on from the HTTR.