"Without participation in the international market, China is not able to bring on its transformation toward clean, low-carbon energy in the new era," said Bai Jun from the Institute of International Energy of the National Development and Reform Commission (NDRC).
Besides partnerships with foreign energy enterprises, China has also boosted energy imports to satisfy domestic demand and improve its energy structure.
In the first quarter of this year, China imported 20.61 million tonnes of natural gas, surging 37.3 percent year on year, while oil imports went up 7 percent to 110 million tonnes.
The import increase came amid China's domestic shortage in natural gas supply since last year as the country needs more clean and high-quality energy to fuel economic development while protecting environment.
"It is necessary for China to fill the demand-supply gap in the domestic energy sector through international cooperation," said Jing Chunmei, a researcher at China Center for International Economic Exchanges, noting that China still faces issues of insufficient and imbalanced energy supply.
Zhou Dadi, a senior researcher at the Energy Research Institute under the NDRC, said that further opening up of the energy sector would make up China's energy shortage and diversify energy supply.
Meanwhile, China could improve its energy development and management via means of energy technology exchange, he said.
【国内英语资讯:Economic Watch: Chinas energy development accelerates due to opening-up, intl cooperatio】相关文章:
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