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6 White Paper on the Business Environment in China

36 ??hina Energy Data, Statistics and Analysis.?? Energy Information 48 Lan Lan. ??uel-Price Drop Good News.?? China Daily. October
Administration, The United States Department of Energy. 9, 2011. http://www.chinadaily.com.cn/business/2011-10/09/
November 2010. http://www.eia.doe.gov/emeu/cabs/China/ content_13853620.htm.
Background.html.
48 Du Juan. ??DRC Raises Fuel Prices.?? China Daily. September
37 Jim Bai. ??hina to Boost Oil Stockpiling Amid Price Slump.?? 11, 2012. http://www.chinadaily.com.cn/business/2012-09/11/
Reuters. December 29, 2008. http://uk.reuters.com/article/ content_15748829.htm.
oilRpt/idUKPEK29764020081229.
50 ??hina to Cut Fuel Prices Starting Friday.?? Xinhua. November
38 Wang Qian. ??il Imports Hit Alarming Level in China: Study.?? 15, 2012. http://www.chinadaily.com.cn/china/2012-11/15/
China Daily. January 14, 2010. http://www.chinadaily.com.cn/ content_15934040.htm .
bizchina/2010-01/14/content_9317926.htm.
51 Zhou Yan. ??rowth in Oil Use to Slow in Tandem with Economy.??
39 ??hina?? Refining Capacity May Rise 50%, Sinopec Says.?? China Daily. August 12, 2011. http://www.chinadaily.com.cn/
China Daily. May 25, 2010. http://www.chinadaily.com.cn/ usa/business/2011-08/12/content_13099816.htm.
bizchina/2010-05/25/content_9890521.htm.
52 Jim Bai and Chen Aizhu. ??hina?? ??eapot?? Refiners Say Able
40 Wang Yu and Li Xiang. ??onstruction of Petroleum Reserves to Ease Diesel Shortages.?? Reuters. November 25, 2011.
Proceeding.?? China Daily. July 23, 2011. http://www.chinadaily. http ://www.reuters.com/article/2011/11/25/china-oil-
com.cn/cndy/2011-07/23/content_12966801.htm. idUSL4E7MO14920111125.

41 ??hina to Invest 80 Billion Yuan in Oil and Gas Exploration 53 Charlie Zhu and Bill Powell. ??pecial Report: The Education of
This Year.?? Reuters. September 15, 2013. http://www. China?? Oil Company.?? October 6, 2013. http://www.reuters.
reuters.com/article/2013/09/15/us-china-energ y- com/article/2013/10/07/us-cnooc-nexen-specialreport-
idUSBRE98E03S20130915. idUSBRE99600720131007.

42 Brian Spegele. ??inopec Chairman: China Needs to Change Ener- 54 Jim Bai and Chen Aizhu. ??hina Revamps Energy Mkt
gy Strategy.?? China Realtime Report. November 13, 2012. http:// Access for Foreign Investors.?? Reuters. December 29, 2011.
blogs.wsj.com/chinarealtime/2012/11/13/sinopec-chairman-chi- http://www.reuters.com/article/2011/12/29/china-energ y-
na-needs-to-change-energy-strategy/. Accessed November 27, 2012. idUSL3E7NT2RP20111229.

43 ??hina?? 1st Sino-foreign refining, petrochemical JV goes into 55 Jim Bai and Ken Wills. ??hina to Exclude Foreign Firms
operation.?? Xinhua. November 11, 2009. http://news.xinhuanet. in Shale Gas Tender.?? Reuters. May 18, 2012. http://www.
com/english/2009-11/11/content_12435807.htm. reuters.com/article/2012/05/18/china-shale-tender-
idUSL4E8GI2RY20120518.
44 ??hell?? China venture to Build Tianjin Fuel Storage ??
Agency.?? Reuters. January 9, 2012. http://www.reuters.com/ 56 Leslie Hook. ??hina Opens Shale Gas to Foreign Bidders.??
article/2012/01/09/shell-idUSL3E8C95I520120109. Financial Times. September 10, 2012. http://www.ft.com/
cms/s/0/fe651540-fb35-11e1-87ae-00144feabdc0.html.
45 Chen Aizhu. ??etroChina, Shell?? $13 billion refinery stalls
on land issue: sources.?? Reuters. September 11, 2013. http:// 57 Vikki Allen. ??hinese Chemical Industry : Friend or Foe???. Chemistry
w w w. r e u t e r s . c o m / a r t i c l e / 2 0 1 3 / 0 9 / 1 1 / u s - c h i n a - r e f i n e r y- World. April, 2005. http://www.rsc.org/chemistryworld/
idUSBRE98A0G220130911. Issues/2005/April/Chinesechemicalindustry.asp.

46 Chen Aizhu. ??hevron?? $6.4 Billion China Gas Project Pushed 58 Jia Hepeng. ??hina Quake Hits Chemical Industry??. Chemistry
Back Again: Sources.?? Reuters. December 6, 2013. http:// World. May 16, 2008. http://www.rsc.org/chemistryworld/
www.reuters.com/article/2013/12/06/us-chevron-cnpc-gas- News/2008/May/16050802.asp.
idUSBRE9B507520131206.
59 Fang Yan. ??ain of China Export Slump Moves Along Supply
47 ??hallenging Conditions May Continue, Says Sinopec.?? China Chain.?? Reuters. December 29, 2008. http://www.reuters.com/
Daily. December 25, 2009.http://www.chinadaily.com.cn/ article/reutersEdge/idUSTRE4BS0AC20081229.
bizchina/2009-12/25/content_9228303.htm.

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