Structural Reforms in China's Oil Industry: Achievements, Problems, and Measures for Further reforms
Article from: OGEL 1 (2008), in China Energy Law and Policy
Introduction
Since 1978, China has undertaken an unprecedented series of reforms in the structure of its economic management. As an important component of the national economy, the management of the oil industry has also been gradually undergoing reforms. However, seeing as the oil industry has a vital influence on the national economy and on social questions such as employment and welfare, reforms in the oil sector have been tightly controlled by the government. The contents and progress of oil industry reforms have therefore differed from other sectors and can be divided into two phases: the ...