China News Service, Beijing, December 21 (Reporter Xia Bin) The white paper "China's Energy Development in the New Era" released by Chinese officials on the 21st stated that it is necessary to build an effective competitive energy market and cultivate multiple energy market players.

Support all kinds of market entities to enter the energy field outside the negative list on an equal basis in accordance with the law, and form a pattern where multiple market entities participate together.

  The white paper stated that it is necessary to deepen the reform of the oil and gas exploration and exploitation system, open the oil and gas exploration and exploitation market, and implement a more stringent block exit mechanism and competition for exploration blocks.

Support qualified enterprises to import crude oil.

Reform the operation mechanism of oil and gas pipeline network and realize the separation of pipeline transportation and sales business.

  At the same time, steadily promote the reform of the electricity sales side, open the distribution and sales business to social capital in an orderly manner, and deepen the separation of main and auxiliary power grid enterprises.

Actively cultivate emerging market players such as power distribution, energy storage, and integrated energy services.

Deepen the reform of state-owned energy enterprises, support the development of non-public ownership, actively and steadily carry out the reform of mixed ownership in the energy sector, and stimulate the vitality of enterprises.

  The white paper also proposes to build coal, electricity, oil and natural gas trading platforms based on the characteristics of different energy varieties to promote interaction between supply and demand.

Promote the construction of a modern coal market system and develop thermal coal, coking coal, crude oil futures trading and natural gas spot trading.

Fully liberalize the power generation and use plans of operating power users, and build an electricity market that combines mid- to long-term trading, spot trading, and other power trading and auxiliary service trading.

Actively promote the construction of a national unified power market and a national carbon emission trading market.

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