Can China reshape the world energy pattern
Due to the irreversible trend of new energy and the impact of the new crown, global energy enterprises generally reduce their investment in the field of traditional fossil energy. According to the statistics of the International Energy Agency, the global upstream investment in oil and gas reached the highest level of nearly $890billion in 2014, and then decreased almost year by year. The investment in 2020 was only $326billion, the lowest level in nearly 15 years.