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 for and exploiting oil and natural gas, with the focus on major oil and gas basins, including those of Bohai Bay, Songliao, Tarim and Ordos, and actively explore new areas, fields and strata on the land and major sea areas, so as to increase the amount of recoverable reserves. It will tap the potential of major oil-producing areas, improve renovation for stable yields, increase the recovery ratio and slow down the yield decreasing trend in old oilfields. On the condition of reasonable cost, it will actively develop coal-bed gas, oil shale and tar sand and other non-conventional energy resources. The country will expedite the construction of oil and gas pipeline networks and supporting facilities and gradually improve the national network of oil and gas pipelines.

— Vigorously developing renewable energy. China gives top priority to developing renewable energy. The exploration and utilization of renewable energy resources plays a significant role in increasing energy supply, improving the energy mix and helping environmental protection, and is also a strategic choice of China to solve the contradiction between energy supply and demand and achieve sustainable development. China has promulgated the Renewable Energy Law and priority policies for renewable energy electricity, entailing priority to be connected to grids, acquisition in full and preferential price, and public sharing of costs. It has earmarked special funds for renewable energy development to support resource survey, R&D of relevant technologies, building of pilot and demonstration projects, as well as exploration and utilization of renewable energy in rural China. It has released the Medium- and Long-term Program for Renewable Energy Development, putting forward the goal of increasing renewable energy consumption to 10 percent of the total energy consumption by 2010 and 15 percent by 2020. China will further the comprehensive and cascade development of areas with hydropower resources, speed up the construction of large hydropower stations, develop medium- and small-sized hydropower stations based on local conditions, and construct pumped-storage power stations under appropriate circumstances. It will spread the latest 23