国内英语资讯:Economic Watch: Chinas energy development accelerates due to opening-up, intl cooperatio
<p><span word="BEIJING">BEIJING</span>, <span word="May">May</span> 20-- <span word="With">With</span> <span word="the">the</span> <span word="start">start</span>-<span word="up">up</span> <span word="of">of</span> <span word="its">its</span> <span word="second">second</span> <span word="ethylene">ethylene</span> <span word="cracker">cracker</span> <span word="in">in</span> <span word="south">south</span> <span word="China">China</span> <span word="this">this</span> <span word="month">month</span>, <span word="the">the</span> <span word="cooperation">cooperation</span> <span word="between">between</span> <span word="China">China</span> <span word="National">National</span> <span word="Offshore">Offshore</span> <span word="Oil">Oil</span> <span word="Corporation">Corporation</span> (<span word="CNOOC">CNOOC</span>) <span word="and">and</span> <span word="Shell">Shell</span> <span word="Petrochemical">Petrochemical</span> <span word="Company">Company</span> <span word="entered">entered</span> <span word="a">a</span> <span word="new">new</span> <span word="stage">stage</span>.</p><p><span word="The">The</span> 1.2-<span word="million">million</span>-<span word="tonne">tonne</span> <span word="project">project</span> <span word="has">has</span> <span word="more">more</span> <span word="than">than</span> <span word="doubled">doubled</span> <span word="the">the</span> <span word="capacity">capacity</span> <span word="of">of</span> <span word="the">the</span> <span word="company">company</span>'<span word="s">s</span> <span word="Nanhai">Nanhai</span> <span word="petrochemicals">petrochemicals</span> <span word="complex">complex</span>, <span word="thus">thus</span> <span word="supporting">supporting</span> <span word="this">this</span> 50/50 <span word="joint">joint</span> <span word="venture">venture</span> <span word="between">between</span> <span word="the">the</span> <span word="CNOOC">CNOOC</span> <span word="and">and</span> <span word="international">international</span> <span word="oil">oil</span> <span word="giant">giant</span> <span word="Shell">Shell</span> <span word="in">in</span> <span word="meeting">meeting</span> <span word="the">the</span> <span word="growing">growing</span> <span word="Chinese">Chinese</span> <span word="market">market</span>.</p><p>"<span word="The">The</span> <span word="expansion">expansion</span> <span word="project">project</span> <span word="demonstrates">demonstrates</span> <span word="great">great</span> <span word="synergies">synergies</span> <span word="between">between</span> <span word="CNOOC">CNOOC</span>'<span word="s">s</span> <span word="engineering">engineering</span>, <span word="construction">construction</span>, <span word="and">and</span> <span word="management">management</span> <span word="capabilities">capabilities</span>, <span word="and">and</span> <span word="Shell">Shell</span>'<span word="s">s</span> <span word="advanced">advanced</span> <span word="technologies">technologies</span> <span word="in">in</span> <span word="chemicals">chemicals</span>," <span word="said">said</span> <span word="He">He</span> <span word="Zhongwen">Zhongwen</span>, <span word="president">president</span> <span word="of">of</span> <span word="CNOOC">CNOOC</span> <span word="Oil">Oil</span> & <span word="Petrochemicals">Petrochemicals</span> <span word="Co">Co</span>. <span word="Ltd">Ltd</span>.</p><p><span word="The">The</span> <span word="project">project</span> <span word="also">also</span> <span word="offered">offered</span> <span word="a">a</span> <span word="demonstration">demonstration</span> <span word="of">of</span> <span word="how">how</span> <span word="international">international</span> <span word="cooperation">cooperation</span> <span word="has">has</span> <span word="driven">driven</span> <span word="development">development</span> <span word="of">of</span> <span word="China">China</span>'<span word="s">s</span> <span word="energy">energy</span> <span word="industries">industries</span>, <span word="which">which</span>, <span word="like">like</span> <span word="many">many</span> <span word="other">other</span> <span word="sectors">sectors</span>, <span word="have">have</span> <span word="benefited">benefited</span> <span word="greatly">greatly</span> <span word="from">from</span> <span word="the">the</span> <span word="country">country</span>'<span word="s">s</span> <span word="opening">opening</span>-<span word="up">up</span> <span word="efforts">efforts</span> <span word="in">in</span> <span word="past">past</span> <span word="decades">decades</span>.</p><p><span word="Foreign">Foreign</span> <span word="energy">energy</span> <span word="enterprises">enterprises</span> <span word="have">have</span> <span word="played">played</span> <span word="an">an</span> <span word="important">important</span> <span word="role">role</span> <span word="in">in</span> <span word="the">the</span> <span word="investment">investment</span>, <span word="design">design</span>, <span word="construction">construction</span>, <span word="and">and</span> <span word="management">management</span> <span word="of">of</span> <span word="China">China</span>'<span word="s">s</span> <span word="energy">energy</span> <span word="projects">projects</span>, <span word="said">said</span> <span word="an">an</span> <span word="unnamed">unnamed</span> <span word="official">official</span> <span word="from">from</span> <span word="the">the</span> <span word="international">international</span> <span word="cooperation">cooperation</span> <span word="department">department</span> <span word="of">of</span> <span word="National">National</span> <span word="Energy">Energy</span> <span word="Administration">Administration</span> (<span word="NEA">NEA</span>).</p><p><span word="Since">Since</span> 2017, <span word="China">China</span> <span word="has">has</span> <span word="signed">signed</span> <span word="more">more</span> <span word="than">than</span> 100 <span word="cooperation">cooperation</span> <span word="agreements">agreements</span> <span word="with">with</span> <span word="other">other</span> <span word="countries">countries</span>, <span word="set">set</span> <span word="up">up</span> 56 <span word="bilateral">bilateral</span> <span word="energy">energy</span> <span word="cooperation">cooperation</span> <span word="mechanisms">mechanisms</span> <span word="and">and</span> <span word="participated">participated</span> <span word="in">in</span> 29 <span word="multilateral">multilateral</span> <span word="ones">ones</span>, <span word="which">which</span> <span word="have">have</span> <span word="brought">brought</span> <span word="a">a</span> <span word="number">number</span> <span word="of">of</span> <span word="influential">influential</span> <span word="projects">projects</span> <span word="as">as</span> <span word="well">well</span> <span word="as">as</span> <span word="advancement">advancement</span> <span word="in">in</span> <span word="energy">energy</span> <span word="investment">investment</span>, <span word="technologies">technologies</span>, <span word="equipment">equipment</span>, <span word="and">and</span> <span word="services">services</span>.</p>
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