Infographic: Opening the Energy Sector Further to the World

China is committed to a stable global energy market and is opening its energy sector wider to the world. It has greatly eased market access for foreign investment, and has built a market-based international business environment that respects the rule of law to facilitate free trade and investment. It has adopted pre-establishment national treatment plus a negative list, reducing restrictions on access to the energy sector for foreign investment. It has lifted the restrictions for foreign investment to enter the sectors of coal, oil, gas, electric power (excluding nuclear power), and new energy. It is promoting the energy industry in pilot free trade zones such as Guangdong, Hubei, Chongqing and Hainan, and supports further opening up of the entire oil and gas industry in the China (Zhejiang) Pilot Free Trade Zone. International energy companies such as ExxonMobil, GE, BP, EDF and SIEMENS are steadily expanding investment in China. Major foreign investment projects such as Tesla’s Shanghai plant are well under way. Foreign-funded gas stations are spreading.