Guided by President Xi Jinping's key speech about energy revolution— "Four Revolutions and One Cooperation"-the Chinese oil and gas industry continued to accelerate its pace of reform in 2016.China has ...Guided by President Xi Jinping's key speech about energy revolution— "Four Revolutions and One Cooperation"-the Chinese oil and gas industry continued to accelerate its pace of reform in 2016.China has deepened its supply-side structural reforms,prevented and resolved the problem of excess production capacity,increased the effective supply of clean energy such as natural gas,and formed an energy innovation system.It has pushed forward the reform of pricing mechanisms with significant adjustments in the pricing mechanisms of oil products,pipeline transportation,gas storage and gas used for fertilizer production.It has also accelerated market access reform and encouraged various investors to enter into the fields of exploration & production,pipeline transportation and crude oil imports.China has sped up the legislative process of environmental protection to promote green and low-carbon development.It has accelerated oil & gas industry institutional reform,with some provinces initiating the pilot reform of oil and gas.展开更多
Opening up the market, breaking the monopoly, and allowing the market to decide prices —these are the major items on the agenda for the marketization of China’s energy industry,and have a direct bearing on national ...Opening up the market, breaking the monopoly, and allowing the market to decide prices —these are the major items on the agenda for the marketization of China’s energy industry,and have a direct bearing on national energy security. Research into China’s energy securityhas so far focused on such fields as strategic energy reserves, stability of energy imports,and diversification of import channels. Little has been done in the study of national energysecurity from the perspective of marketization of the energy industry. However, opening upthe energy market and marketizing the energy industry are not only major commitments toChina’s accession to WTO, they serve the nation’s energy security needs as well. This papertakes a look at the actual results of opening up the energy market, the structure of thatmarket, and the nation’s energy pricing mechanisms, and on the basis of the findings, raisessuggestions on how to tackle the energy security issue.展开更多
文摘Guided by President Xi Jinping's key speech about energy revolution— "Four Revolutions and One Cooperation"-the Chinese oil and gas industry continued to accelerate its pace of reform in 2016.China has deepened its supply-side structural reforms,prevented and resolved the problem of excess production capacity,increased the effective supply of clean energy such as natural gas,and formed an energy innovation system.It has pushed forward the reform of pricing mechanisms with significant adjustments in the pricing mechanisms of oil products,pipeline transportation,gas storage and gas used for fertilizer production.It has also accelerated market access reform and encouraged various investors to enter into the fields of exploration & production,pipeline transportation and crude oil imports.China has sped up the legislative process of environmental protection to promote green and low-carbon development.It has accelerated oil & gas industry institutional reform,with some provinces initiating the pilot reform of oil and gas.
文摘Opening up the market, breaking the monopoly, and allowing the market to decide prices —these are the major items on the agenda for the marketization of China’s energy industry,and have a direct bearing on national energy security. Research into China’s energy securityhas so far focused on such fields as strategic energy reserves, stability of energy imports,and diversification of import channels. Little has been done in the study of national energysecurity from the perspective of marketization of the energy industry. However, opening upthe energy market and marketizing the energy industry are not only major commitments toChina’s accession to WTO, they serve the nation’s energy security needs as well. This papertakes a look at the actual results of opening up the energy market, the structure of thatmarket, and the nation’s energy pricing mechanisms, and on the basis of the findings, raisessuggestions on how to tackle the energy security issue.
