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Friday, April 22, 2011

The Rise of the Energy Faction in Chinese Politics By Willy Lam

The Rise of the Energy Faction in Chinese Politics
By Willy Lam

The appointment earlier this month of Su Shulin, Chinese Communist Party (CCP) secretary and general manager of Sinopec, as acting governor of Fujian Province highlighted the growing clout of the Energy Faction in Chinese politics. Senior executives of the Big Three yangqi (or centrally-controlled firms) in the oil-and-gas sector—Sinopec, China National Petroleum Corporation (CNPC) and China National Offshore Oil Corp (CNOOC)—have frequently been named to top-level provincial positions throughout the past decade. Jiang Jiemin, 55, general manager and party boss of CNPC, deemed the “big brother” among the three monopolies, is about to be made governor of Yunnan Province (Reuters, April 8, Chinareviewnews.com, April 9; China Business Times [Beijing], April 12).  

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