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Abstract International oil keeps low-price running after crash, and China deepens reform domestically. Using this
opportunity, China lays the same emphasis on investment and trade, on onshore and offshore transportation, gives full
play to the important role of market in resource distribution, speeds up oil and gas system reform to guarantee clean,
efficient, safe and steady energy supply and long-term demand for energy. We systematically and thoroughly established
legal system for oil and gas domains, reformed management system for energy domain, reformed regulatory domain,
built modern market entity and multi-level market system, and improved oil and gas pricing mechanism, etc.
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Published: 05 August 2015
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