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China's energy industry, which is associated with coal, electricity, petroleum and gases, not only drives the rapid development of china's national economy, but also drastically changes the life styles of common people. The following statistics clearly show the great changes in china's energy industry over the past 60 years.
In 2008, China's annual output of coal stood at 2.79 billion tons, 86.1 times that of 1949 and ranking first in the world. In 2008, China's installed-capacity reached 793 million kW, generating 3.47 trillion kW of electricity and ranking second in the world. In the same year, the scale of China's power grid surpassed that of the United States to become the largest in the world. In 2008, China's crude oil output stood at 190 million tons, ranking fifth in the world.
With rapid growth in China's energy industry, China has given top priority to energy conversation. Between 1978 and 2008, the average annual growth rate in China's consumption of primary energy stood at 5.5 percent, while China's annual GDP growth rate reached 9.8 percent.
China has exclusive prospecting rights and preferential commercial development rights to a 75,000 square kilometer multi-metal nodule mining area in the central region of the Pacific Ocean.
As a country with a long coastline, China has abundant marine resources. Following the founding of New China, the country has made great achievements in developing marine resources, laying a stable material foundation for the development of the national economy and society. Nowadays, terrestrial water, land and mineral resources are shrinking, and therefore people are paying more attention to this "blue territory."
At present, the Shanghai East Sea Bridge Wind Farm, Asia's first marine wind farm, is in the process of being constructed. China National Offshore Oil Corporation (CNOOC) is planning to "construct three marine Daqing Oilfields," comprising a crude oil production base in the Bohai Sea with an annual output of 50 million tons, a natural gas production base in the deep water area of the South China Sea with an annual output of between 40 billion and 50 billion cubic meters, and a liquefied natural gas (LNG) receiving station in the offshore area with an annual capacity of 50 million tons.
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