Opening speech

Your excellencies, distinguished guests

Ladies and gentlemen

It is a great pleasure that we warmly welcome the distinguished delegation to China. As we all know, China and German keep a good relationship in a long time for energy cooperate. German Energy Company makes an important contribution to our two countries cooperation. Some are represented here this morning. Many companies have already traded with China. Many more would like to do so. The new energy cooperation is one aspect of the growing relationship between our two countries. Today in my speech I hope our two countries will make a further progress.

As we all know, energy is an important basis as well as safeguard for economic and social development. China is one of the largest energy producers and consumers in the world. Over the years, in order to ease the pressure of economic growth on energy supply, the Chinese government has formulated a series of encouraging policies in energy investment, energy development and application, in pricing, and in the credit system.

China and the German have enjoyed 20 years of good relations in the energy area. Germany has world-class technology in the development of new energy and environmental protection. We expected Germany companies to invest in the development and application of energy sources, particularly the application of new energy resources in China. Through this New Energy Resource Cooperate Conference between REM and China Energy Resource Company, we hope we can get a good opportunity to communication with Germany and introduce the new energy resource technical to achieve the common profit from each other.

This conference will play a significant role in cooperation between the China and Germany. I wish the Conference a full success. I hope you can enjoy it. At last, thank you all very much.

New Energy Resource Cooperate Conference between REM and China Energy Resource

Company

Ladies and gentlemen

It is a great pleasure that we warmly welcome the distinguished delegation to China. As we all know, China and German keep a good relationship in a long time for energy cooperate. German Energy Company makes an important contribution to our two countries cooperation. Some are represented here this morning. Many companies already trade with China. Many more would like to do so. The new energy cooperation is one aspect of the growing relationship between our two countries. China’s a focal point for trade and investment from Germany. Today in my speech I hope our two countries will make a further progress.

Now let us get down to business. Today my speech about this conference includes two parts. In the first part, I will demonstrate the development history of Chinese energy resource. So you learn the history of energy resource, you can deeply understand the significance of the energy resource cooperation. The second part, I will talk about the current situation about China energy resource. The last part, I will express my sincere expectation for the cooperation between China and German in the future. Now let us start at the first part

Firstly, energy is an important basis as well as safeguard for economic and social development. China is one of the largest energy producers and consumers in the world. Over the years, in order to ease the pressure of economic growth on energy supply, the Chinese government has formulated a series of encouraging policies in energy investment, energy development and application, in pricing, and in the credit system. After continuous efforts, towards the end of 1990s, there was a significant shift in China’s energy supply and demand. We said goodbye to overall energy shortages. In 20xx, the national energy output reached 2.00 billion tones of standard coal units. of the main sources of energy, our coal output number two in the world, our crude oil is

number five and our electricity number two. The energy industry has become an important driving force in the Chinese economy. Whilst energy output continues to grow at a fast pace, China presses forward with economic restructuring. We are increasing our efforts in technical development. We are working header to save our resources and to increase integrated applications. As china continues to open to the outside world, the energy market is opening up faster.

Secondly, at present, the problem we are facing is structural, and very acute. Domestic oil supply is increasing falling behind demand. Imports are increasing every year. The proportion of natural gas in our primary energy consumption has fallen well below the world average. There is very little clean and highly efficient energy. It does not meet the requirements of energy efficiency and environmental protection. What’s more, the energy industry still works with outdated technology and equipment. There is much room for improvement in safe production practices. In the next ten years, or even more, Chinese economy will continue to grow at about 7%per annum. Comprehensive energy and power consumption are expected to grow at 3% and 6% respectively.

Thirdly, as our economy continues to grow, as standards of living continue to rise, as environmental protection improves, the demands for energy development are reaching a new level. The Chinese government faces a major issue. That is to achieve sustainable energy development and to balance energy production and consumption with environment and society. To meet the demand for sustainable social and economic development, The Chinese government will continue with its policy of developing energy and at the same time saving it, with the saving taking priority. We will take advantage of our rich resources, optimize our energy structure, and improve energy efficiency and environmental protection. In addition, during the tenth five year period, China will rely primarily on coal and will increase the use of high quality coal. We will reform large scale mines and develop high output and high efficiency mines. We will develop coal bed resources and increase our efforts in the research and development of clean coal technology. We will work on oil and gas simultaneously, speeding up our exploitation and use of natural gas, increasing its use in our energy consumption. We need to pay attention to wind energy, solar energy, geothermal energy, and other new and renewable energy sources. We are aiming to quadruple the annual exploitation of new and renewable energy sources by 20xx from3 million tones of standard coal to 13 million tones of standard coal. We will improve our ability t o save energy and promote integrated applications. we aim to reduce our unit consumption per ten thousand yuan GDP to 2.2 tones of standards coal in 20xx.

Thirdly, China and the European Union have enjoyed 20 years of good relations in the energy area. Germany has world-class technology in the development of new energy and environmental protection. We welcome Germany companies to invest in the development and application of energy sources, particularly the application of new energy resources in China. There are a whole range of largest-scale projects such as the Three Gorges Power Station, Western Gas Going East and western Electricity Going East. They will create more opportunities for cooperation in the energy field between china and Germany. We would like to work with Germany, to strengthen cooperation on the basis of many years of joint efforts. Thank you for listening.