BP Company to Increase Investment in China

The BP Company, a renowned oil giant, will increase its investment in China, said Christ Gilson-Smith, a senior official from BP.

Over the past 20 years, BP has invested US$3.5 billionin China, the largest investor in China from the world's energy sector, he said.

BP's business in China mainly involves chemical and oil products, he said, adding that BP is planning a new series of projects in China with investment expected to exceed US$4.5 billion.



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