Daily Management Review

China to boost up oil and gas exploration


The Chinese authorities have announced the need to intensify oil and gas exploration and development activities in 2022, according to the country's socio-economic development plan released on Saturday.

"It is necessary to build up its own resource production capacity, intensify exploration and development of oil, gas, minerals and other natural resources, and improve the system of state strategic reserves," the document reads.

The fifth session of the 13th National People's Congress (NPC), the country's highest legislative body, opened in Beijing on Saturday and runs until March 11. 

Around 3,000 delegates from across the country are attending the session, and in the coming days they are expected to set the focus of the country's legislative and economic work for the coming year.

source: reuters.com