Energy cooperation in One Belt One Road focused
A report from the China Academy of Social Sciences shows that as the world's largest energy consumer, China is responsible for over half of the world's coal consumption. However, China's coal consumption declined nearly 3 percent last year and coal imports also decreased over 10 percent.
"With China's economic restructuring and reduction of big energy consumption industries, our coal consumption is decreasing. China mainly lacks oil and natural gas."
Regional cooperation in building a more integrated and stable energy market was one of the focuses at the forum. China's One Belt One Road initiative is believed to be able to make huge contributions.
Experts also emphasized that efforts should be made to push forward with the construction of an energy pipeline between China and Central Asia, so as to promote grid and hydro power cooperation with members of the Association of South East Asian Nations.
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