“The reforms toward a market-oriented economy will help the company improve its products, pricing mechanism and services. We will further establish a market and benefit-centered investment, budget and assessment system,” said Wang Yilin, CNPC chairman.Men’s Nike Custom Made Dallas Cowboys Elite Team Color Navy Blue NFL Football Jersey.
“The guidelines will help prioritize capital and the business structure while
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A market-oriented economy is the direction of China’s economic reform and will be a basic principle for the company, Wang said.
China has recently stressed the significance of deepening economic reforms and mixed ownership for State-owned enterprises, especially those in the fields of oil and natural gas and railways. This was emphasized during the recent Central Economic Work Conference, when Chinese leaders and senior officials gathered
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Mixed ownership is a significant breakthrough for the State-owned enterprises reform. The companies should take substantial steps through restructuring and
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Despite some progress made by the company, there is a long way to go, said Wang.
The National Energy Administration has recently released guidelines for boosting the usage of natural gas, stressing that systemic reform in the gas sector should first take place in Shanghai, Jiangsu province and Hebei province.
China Petroleum & Chemical Corp, another oil giant in China usually known as
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