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China National Petroleum Corporation and China Petrochemical Corporation are Established on July 27, 1998

Updated: 2020-07-27

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China National Petroleum Corporation (CNPC) and China Petrochemical Corporation (Sinopec Group) were established on July 27, 1998. [Photo/sasac.gov.cn]

China National Petroleum Corporation and China Petrochemical Corporation are established on July 27, 1998

China National Petroleum Corporation (CNPC) and China Petrochemical Corporation (Sinopec Group) were established on July 27, 1998.

According to review and approval of the first session of the Ninth National People's Congress, domestic oilfields, refining and chemical enterprises and provincial and county oil sales enterprises were reorganized into the two companies.  

CNPC and Sinopec Group are two petroleum and petrochemical enterprises established by the state on the basis of the former China national petroleum company and the former China petrochemical company.

Energy China Group releases the first Employee Development Report of Chinese central SOEs on July 27, 2017

China Energy Engineering Group Co., Ltd. (Energy China Group) released an Employee Development Report, the first among Chinese central SOEs on July 27, 2017.

The 2011-2016 report, themed "Transformation Choice — Energy China Group Employee Development Report", set up nine evaluation dimensions and 30 sub-modules and included 144 work cases.

The first Employee Development Report released by the company since its establishment, it provides practical examples for the evaluation of the employee development at central SOEs and SOEs.



(Executive editor: Hao Wen)

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