Sinopec's Fu Chengyu on Lubing Reform's Wheels
(Beijing) – China's major oil companies have been tapped to lead the powerful state-run sector into the next phase of nationwide market reforms.
And a top executive at one company – China Petroleum and Chemical Corp. (Sinopec) Chairman Fu Chengyu – is taking the initiative to reassure investors and encourage public support.
With central government backing for the latest reform initiatives, Sinopec and China National Petroleum Corp. (CNPC) in recent months have unveiled separate, pilot plans to partner with private companies through new ownership structures.
- The Week in Photos: September 5 – 12
- Old Spice
- Britain Needs Greater Unity, Not a Messy Breakup
- Ice Challenge Is Social Media Hit, but Sufferers of Rare Diseases Still Live on Fringes
- Rules and the Ruler
- Deserted Kids
- Haining Temple
- Machinery Maker Sany Changes Its Hong Kong Listing Plan
- Graphic: Staying Competitive
- Lawyer Wins Lawsuit against Gov't over Train Ticket Fee Information
- Sign up to receive our free daily newsletter
- Spectre of Corruption Haunts Huawei
- Will Education Firm New Oriental Learn or Lose?
- Provincial Police Force Shaken to Core by Graft Inquiries
- How Food Helps Calm Culture Clashes in Mixed Marriages
- UnionPay, Apple Said to Agree on U.S. Firm's New Payment Technology
- Coming to Grips with Ammonia in China's Haze
- Gov't Again Cracks Down on Schools for Migrant Workers' Children
- Closer Look: Alibaba's Looming IPO Sends Shockwaves through Bourses at Home, Abroad
- Gov't Cobbles Together Funding for Slum Renovation Projects
- Media Outlet Blackmailed over 100 Companies, Xinhua Reports