China to open energy sector to foreign investment as it seeks to balance energy security with carbon neutral pledge


Source: scmp.com scmp.com

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Ensuring energy security and transitioning away from fossil fuels are key concerns outlined in a new government energy white paper China will lift investment restrictions on coal, oil, gas, power generation and new energy businesses as part of its near-term strategy China has announced it will open its energy sector to private investment as part of its drive for security and carbon neutrality. China will open its energy sector wider to foreign investment as part of its plan to ensure security and prioritise the development of renewables, according to a new government white paper, although “efficient” use of fossil fuels...