China’s Energy Conditions and Policies

China is the largest developing country in the world, and developing its economy and eliminating poverty will, for a long time to come, remain the main tasks for the Chinese government and the Chinese people. Since the late 1970s, China, as the fastest growing developing country, has scored brilliant achievements in its economy and society that have attracted worldwide attention, successfully blazed the trail of socialism with Chinese characteristics, and made significant contributions to world development and prosperity. China is now the world's second largest energy producer and consumer. The sustained growth of energy supply has provided an important support for the country's economic growth and social progress, while the rapid expansion of energy consumption has created a vast scope for the global energy market. As an irreplaceable component of the world energy market, China plays an increasingly important role in maintaining global energy security. Guided by the Scientific Outlook on Development, the Chinese government is accelerating its development of a modern energy industry, taking resource conservation and environmental protection as two basic state policies, giving prominence to building a resource conserving and environment friendly society in the course of its industrialization and modernization, striving to enhance its capability for sustainable development and making China an innovative country, so as to make greater contributions to the world's economy and prosperity.