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China's two other major state-owned oil companies -- Sinopec Group and China National Offshore Oil Corporation -- also are believed to be considering cuts in investment.
China's total energy consumption will be capped at 5 billion metric tons of coal equivalent by 2020, according to a government plan for 2016 to 2020. This will amount to a 15 percent reduction of energy use per unit of GDP by 2020.
China's total trade volume was 13.14 trillion yuan in the first six months, up 19.6 percent year-on-year, according to the GAC. Specifically, exports grew by 15.0 percent to 7.21 trillion yuan, and imports surged 25.7 percent to 5.93 trillion yuan.
Chinese Premier Li Keqiang makes an inspection tour to the General Administration of Customs in Beijing, capital of China, May 21, 2018. [Photo/Xinhua]
China-UK cooperation on BRI and at multilateral forums will surely have a positive, extensive and profound impact on the world.
来源：资阳报