Large market potentiality contains great business opportunities. As the franchised corporate of Petroleum China, the company will seize the historical opportunity, make the corporate stronger, increase the profitability and improve service, expand the development space and obtain social benefits and economic benefits.

　　The company takes the scientific outlook on development as the guide, implements the resource, market and internationalization strategies, accelerates the changing of increasing mode, improves the capability of self-innovation, focuses on establishing a long-term mechanism for safety, environmental protection and energy saving and building the harmonious corporate, and becomes an international energy corporate with strong competence.

　　The company takes oil and gas resources maximization, diversification and well-organized replacement as the strategic base, and adheres to the principles of attaching equal importance to oil and gas, reinforcing the domestic strength, increasing the overseas scale, expanding the territorial waters, strengthening reservation, developing and substituting to realize rapid increasing of the oil and gas yield, achieve breakthroughs in emerging energy, solidify the domestic leading status in the upper reaches business and to reinforce the foundation for the company’s sustainable development.

　　The company seeks continuous market leading status and maximum benefits, fully utilizes scale-economic advantages and the integrated advantages in the upper and lower reaches to solidify the matured market, expand the efficient market, explore the strategy market, develop the international market and to reinforce the competitive forces in the domestic and overseas markets.

　　In accordance with the principles of active, stable, mutual benefits and win-win, and based on the thoughts of combination of absorbing foreign capital and expanding export and combination of resource, market, technology and capital, develop the oil and gas fields as the main business, increase the international cooperation and capital operation, reinforce overseas oil and gas exploration, develop the middle and lower reaches business carefully, effectively and properly, actively advance the diversification of imported sources, increase the scale of the international oil and gas trade and become a multi-national company with strong international competence.

　　 Petroleum China is one of companies with the largest revenue in China, the largest oil and gas manufacturer and seller with leading status in China’s oil and gas industry and one of the largest petroleum companies in the world. The company takes the scientific outlook on development as the guide, implements the resource, market and internationalization strategies, accelerates the changing of increasing mode, improves the capability of self-innovation, focuses on establishing a long-term mechanism for safety, environmental protection and energy saving and building the harmonious corporate and becomes an international energy corporate with strong competence.

　　The company will achieve the business target of “building an international energy company with strong competence” in two steps.
　　The 1st step: during the “Eleventh Five-Year Plan”, the company will adhere to effective and rapid development, concentrate on developing the core business, continuously expand the emerging energy business, keep the domestic leading status of the company’s strength and try to build the company into an international energy company.
　　The 2nd step: by 2020, the company will reinforce the domestic leading status, achieve a leap in internationalized operation, rank in the world petroleum company will be higher and the profit increasing and investment repayment will reach the international level in the industry; the international market competence will be increased, and the company will become one of the key manufacturers and sellers for petroleum and petroleum chemical products in the world; the comprehensive multi-national indexes will be increased and built into an international energy company with strong competence.

　　 The company takes oil and gas resources maximization, diversification and ordered replacement as the strategic base, and adheres to the principles of attaching equal importance to oil and gas, reinforcing the domestic strength, increasing the overseas scale, expanding the territorial waters, strengthening reservation, developing and substituting to realize rapid increasing of the oil and gas yield, achieve breakthroughs in emerging energy, solidify the domestic leading status in the upper reaches business and to reinforce the foundation for the company’s sustainable development.

   The company seeks continuous market leading status and maximum benefits, fully utilizes scale-economic advantages and the integrated advantages in the upper and lower reaches to solidify the matured market, expand the efficient market, explore the strategy market, develop the international market and to reinforce the competitive forces in the domestic and overseas markets.

　　 In accordance with the principles of active, stable, mutual benefits and win-win, and based on the thoughts of combination of absorbing foreign capital and expanding export and combination of resource, market, technology and capital, develop the oil and gas fields as the major business, increase the international cooperation and capital operation, reinforce overseas oil and gas exploration, develop the middle and lower reaches business carefully, effectively and properly, actively advance the diversification of imported sources, increase the scale of the international oil and gas trade and become a multi-national company with strong international competence.