[Explanation] On November 10, the 4th World Oil Merchants Conference with the theme of "Discussing Oil and Gas Sharing Opportunities and Seeking Development-Innovation and Transformation of the Global Oil and Gas Industry" was held in Zhoushan, Zhejiang. Global oil and gas companies, oil and gas traders Through the “online + offline” approach, representatives of consulting agencies and consulting agencies jointly explored how the oil and gas industry can meet challenges and seize opportunities.

China's Vice Minister of Commerce Wang Shouwen mentioned in his video speech that in recent years, China's total oil and gas consumption and imports have continued to grow, and its position in the global oil and gas industry has been significantly improved.

  [Concurrent] Wang Shouwen, Vice Minister of the Ministry of Commerce of China

  At present, China has entered a new stage of development. China has always unswervingly maintained the stability of the global energy market, expanded the opening up of the energy sector, and greatly relaxed foreign investment access, and promoted trade and investment liberalization and facilitation. The purpose is Carry out all-round energy international cooperation based on the concept of mutual benefit and win-win.

  [Explanation] Energy cooperation is an important part of global economic cooperation and the "Belt and Road" initiative, and is a key area of ​​great concern to the international community.

China has successively established inter-governmental energy cooperation mechanisms with more than 90 countries and regions, established cooperative relations with more than 30 energy-related international organizations and multilateral mechanisms, signed more than 100 energy cooperation agreements, and developed cooperation with 10 countries and regions. The bilateral energy cooperation plan was established.

  As one of the provinces with the most active system and mechanism, the highest degree of openness, the fastest economic development, and the highest per capita income in China, Zhejiang has always been among the top in the country in terms of energy consumption capacity and level of oil and gas.

  [Concurrent] Zhu Congjiu, Vice Governor of Zhejiang Province

  In particular, since the establishment of the Zhejiang Pilot Free Trade Zone, the development of Zhejiang's oil and gas industry has accelerated in an all-round way, and the construction of the "one center, three bases and one demonstration zone" of the entire oil and gas industry chain has achieved remarkable results.

  [Explanation] As China’s first pilot free trade zone composed of land and marine anchorages, the Zhejiang Free Trade Zone has continued to promote the liberalization and facilitation of investment and trade across the oil and gas industry chain in recent years, and various reform and innovation measures have achieved remarkable results. New developments have been achieved in fuel oil refueling, petroleum refining capabilities, LNG receiving scale, and oil product storage capabilities, and their influence and popularity in the world's oil and gas field have also increased.

  In a green, low-carbon, and sustainable development environment, it has become a reality to build a clean, low-carbon, safe and efficient energy system and accelerate the realization of the safe transformation and upgrading of the oil and gas industry chain.

  [Concurrent] Long Guoqiang, Member of the Party Leadership Group and Deputy Director of the Development Research Center of the State Council of China

  It is necessary to give full play to the system advantages of the Zhoushan Pilot Free Trade Zone, benchmark the world’s most open economic and trade rules, boldly innovate, and test first, continuously improve the market-oriented, legalized, and internationalized business environment, and attract global oil and gas commodity flows. The flow of capital, information, and technology converge here to continuously increase the international influence of the dual-cycle core hub.

  [Concurrent] Glencore Group Global Oil & Gas CEO Alexander Sanna (Alexander Sanna)

  We firmly believe that China plays an important role in the global carbon market. We actively participate in the voluntary carbon trading mechanism and will also become a market participant in China's carbon emissions trading system.

  [Contemporary period] Michael Muller, director of the global board of directors of Victor Group and president of Victor Asia (Michael Muller)

  Many goals of the COP26 (UN Annual Climate Change in 2021) conference cannot be achieved without combining investment in new fuels with carbon removal initiatives. This is where carbon trading can play a role, and China's carbon emissions trading system may become such a price discovery. One of the main places, and more importantly, can help eliminate carbon dioxide.

  [Explanation] In addition, the 4th World Oil Merchants Conference and Commodity Investment and Trade Promotion Month launched 9 major events and forums, the Commodity Financial Service Innovation Summit, Digital Energy and Commodity Transit Base, Financial Reform and Futures and Futures Cooperation. Professional sub-forums such as the development of the oil and gas industry, the petrochemical and new energy industry matchmaking conference in the Zhoushan Islands New Area were held at the same time.

  Reporter Shen Yishan reports from Zhoushan, Zhejiang

Editor in charge: [Lu Yan]