CNPC | The Epoch Times

China’s Subsidies for Listed Companies Total $33 Billion, Prioritizing Defense and Semiconductor Sectors

China spent a whopping $33 billion on industry subsidies to listed companies in 2020. Among them, subsidies to semiconductor and defense enterprises increased significantly. According to Japan’s Nikkei Asia, China’s ...

May 21, 2021BY Jessica Mao

China Opens to Foreign Oil and Gas Drilling as Domestic Production Shrivels

News Analysis China’s Ministry for Natural Resources announced the removal of many competitive restrictions limiting foreign and private ...

January 13, 2020BY Chriss Street

In China, Workers Demand Owed Wages From State-Supported Petrochemical Project

Workers at a state-supported petrochemical project in northeastern China have been deprived of their wages for months. China ...

January 10, 2019BY Frank Fang

Two Officials Tied to China’s Former Security Czar Are Prosecuted

Two associates of former Chinese security boss Zhou Yongkang face trials.

March 19, 2015BY Matthew Robertson

Gazprom’s Well-Matched Marriage With China Has Been a Long Time in the Making

After ten years of negotiations, Russia’s Gazprom and the China National Petroleum Company (CNPC) have announced they have ...

May 22, 2014BY James Henderson

Chinese State Assets Boss Under Investigation

A Chinese official with deep ties to the oil industry has been put under investigation by the Communist ...

September 1, 2013BY Matthew Robertson

Investigation of Oil Executives in China Seems to Target Ex-security Czar

An investigation of top Chinese oil industry figures appears to target ex-security czar Zhou Yongkang.

August 27, 2013BY Carol Wickenkamp