China has lifted restrictions on foreign investments in all energy sectors, including fossil fuels, new energy sources, and electricity generation excluding nuclear power, the country’s State Council Information Office said in a white paper published on Monday. The paper, ‘Energy in China’s New Era’, discussed the steps the world’s largest oil importer has taken to reform access of foreign companies to its energy industry, saying that “Market access for foreign capital in the energy sector has been extended, private investment is growing, and investment entities have become more diverse.” “China has accelerated reforms such as the deregulation of the oil and gas exploration market and the circulation of mining rights, reform of the pipeline network operation mechanism, and the dynamic management of crude oil imports,” the Chinese government said in the white paper. In 2019, China lifted restrictions on foreign investment in oil and natural gas exploration and production, […]