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The statement attributed the positive changes in the economy to government pro-growth measures introduced earlier this year, which include more aggressive fiscal spending, structural tax reduction, monetary loosening and state-run sectors opening to private capital.

The project also includes pairing orphans with volunteer families and other community-based activities.

"Years ago in Chongqing, my family could only make ends meet by growing corn, potatoes and wheat. But now we have extra money we can save," Lei said.

"As much as Sandy could wreak havoc on the East Coast, a densely populated area and world center of finance, its worldwide impact would be insignificant," said Dr. Meng Qingbin at the Beijing-based Renmin University.

Nominations for the award are solicited from CEOs and other senior managers of more than one hundred of the world's largest oil and gas firms, as they appear in the annual Top 100 rankings by Energy Intelligence.