Good Morning! The State Council Information Office is here today to hold this press conference on the issue of energy, which is a common concern at home and abroad. Many countries, especially USA, have taken the development of the new energy as an important means against the current world-wide financial turndown.
Since the breakout of the world-wide financial turmoil, energy industry has experienced a certain degree of sufferings with demand dropping, investment growth slowing down and outcomes of some enterprise declining.
In last March, Chinese National People's Congress approved the establishment of the National Energy Administration.
Under the firm leadership of CPC Central Committee and the State Council, the newly established National Energy Administration, together with all other working staff in energy industry, has been working closely during hard times and has done a lot of work in respect of addressing financial crisis, increasing domestic demand, building up confidence and adjusting industrial structure.