Energy Industry in China： Marketization and National Energy Security

I. Opening Up the Energy Market: Resultsand Impact on Energy SecurityNational energy security becomes an issue when domestic shortfalls in energy resourcesand output force a country to turn to other countries for energy supply. An open energymarket can hardly cause energy security problems, and an energy-poor country can meetits energy needs only by opening up its market. In the last decade, the oil demand on theChinese market has been growing robustly, and oil imports have kept rising on …