China lifts restrictions on foreign investment in the country’s energy sector ...News

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China lifts restrictions on foreign investment in the country’s energy sector
A white paper released by China on Monday says the country has lifted restrictions on foreign investments in all energy sectors, including fossil fuels, new energy sources, and electricity generation excluding nuclear power. According to the paper, called ‘Energy in China’s New Era’, "market access for foreign capital in the energy sector has been extended, private investment is growing, and investment entities have become more diverse.” The government also said that “China has accelerated reforms such as the deregulation of the oil and gas exploration market and the circulation of mining rights, reform of the pipeline network operatio

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