Maintaining Communication With Oil Consuming And Producing Countries To Ensure The Smooth Operation Of The Oil Market

On November 24, Foreign Ministry Spokesperson Zhao Lijian presided over a regular press conference. A reporter asked a question. The White House said earlier that the United States would work with five countries, including China, to use their respective national strategic oil reserves to reduce gasoline prices. There are reports that China is working on releasing crude oil reserves. May I ask the spokesperson Can you confirm whether China's approach responds to the concerns of the United States, and can you introduce the specific arrangements and timing of China's current release work?
Zhao Lijian said that as one of the world's major oil producers and consumers, China has long attached great importance to the stability of the international oil market and is willing to maintain communication with all relevant parties on maintaining market balance and long-term stability, strengthen cooperation, and jointly respond to challenges. At the same time, China has long been committed to ensuring the security of its own energy supply and has established an independent and complete national oil reserve system. China will arrange the release of national reserves of crude oil and take other necessary measures to maintain market stability in accordance with its own actual conditions and needs, and publish relevant information in a timely manner.