Many listed Chinese solar companies experienced a turnaround in the first half, even as the industry remained mired in near-depression amid a supply glut and trade disputes.
China has announced a new nuclear power pricing system that features a national benchmark price, which will make the industry more market-oriented.
The US enjoyed a $1.6 billion trade surplus in clean energy trade with China in 2011, showing that US firms hold an advantage over their Chinese counterparts.
Sinochem Group, a State-owned conglomerate involved in energy, agriculture, chemicals, real estate and financial services, has purchased a 40 percent stake in a US shale gas block.
China plans to restructure the National Energy Administration (NEA) in order to streamline the administrative and regulatory systems of the energy sector.
Sinochem will buy a 40 percent stake in the 207,000 acres Wolfcamp oil-gas field owned by an American oil and gas company.
As China's economy gradually rebounds, its demand for oil will rise at a modest rate of 4.8 percent to 514 million metric tons this year, and imports will continue to grow, the CNPC Economic and Technology Research Institute said on the same day.
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