CNPC signed strategic cooperation agreement with SPIC


CNPC and State Power Investment Corporation Limited (SPIC) signed a strategic cooperation agreement in Beijing on February 5. Under the agreement, CNPC and SPIC will be committed to a strategic partnership by leveraging their respective advantages in industry, technology, market, capital and other fields. Two companies will also enhance cooperation in key areas such as new energy development, comprehensive electric power substitution, mutual supply of energy products, technological innovation, think tank construction, international cooperation, and capital & finance.