Cool energy demands

Oil exporters' decision to pump more oil can go a long way in allaying fears that developing economies may buckle under the burden of record oil and food prices.

Yet, stabilizing energy development and energy security in the world badly requires more demand-side efforts. China's sustainable energy strategy is just one part of the global efforts needed to cope with rising energy costs.

Chinese Vice-President Xi Jinping pointed out at the International Energy Conference held on Sunday in Saudi Arabia that China will put an emphasis on both the exploitation and the conservation of energy with the priority given to economizing energy consumption.