China compiling white paper on policies
(Xinhua)
Updated: 2006-09-26 08:55
China is compiling a white paper on the its energy policies under the
organization of the National Development and Reform Commission (NDRC) to inform
overseas more about the energy development of the country.
The white
paper is under the joint compilation of the Energy Bureau and the Institute of
Macro Economics, both under the NDRC.
The white paper will raise China's
energy strategy and goals as well as elaborate the country's energy policies and
measures that have been taken, said an official with the Energy Bureau.
According to the official, the white paper aims to increase the
transparency of China's energy policies to build up a good international
environment for the country's energy development.
China consumed 2.22
billion tons of standard coal equivalent last year with the output of
non-renewable energy reaching 2.06 billion tons.
China is now the world
second largest energy consumer and producer.
China's net imports of
petroleum last year is 136 million tons, accounting for six percent of the total
world trade volume of crude oil that year.
According to the Energy
Bureau, the preliminary draft of the white paper has been completed and is
waiting to be submitted for suggestions.
China issued the white papers
on the annual energy development in 1995 and in 1997 respectively. Great changes
have since taken place in China's energy situation and
policies. (For more biz stories, please visit Industry Updates)
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