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Stock impact report

China LNG Industry Research 2024 [Yahoo! Finance]

EEN ENERGY HLDGS UNSP/ADR (XNGSY) 
NASDAQ:AMEX Investor Relations: ir.ennenergy.com
Company Research Source: Yahoo! Finance
China LNG Market was valued at USD 9.53 billion in 2023 and is anticipated to reach USD 13.44 billion in 2029 with a CAGR of 5.74% China has faced severe air pollution issues in many of its major cities, primarily caused by the burning of coal for power generation and industrial processes. This pollution not only affects air quality but also has detrimental health and environmental impacts. In response, the Chinese government has implemented stringent environmental regulations and set ambitious targets for reducing air pollution. China's LNG sector has seen rapid growth as the country strives to diversify its energy sources and reduce its reliance on coal. As the world's largest importer of LNG, China has invested heavily in infrastructure such as regasification terminals and pipelines to support its burgeoning demand. This shift aligns with its broader goals of enhancing air quality and meeting its climate targets. The Chinese government's policies, including subsidies for cle Show less Read more
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