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Investment by Sinopec creates jobs

By Zheng Xin and Zou Shuo | China Daily | Updated: 2017-08-31 07:46

Major energy company has injected $3 billion into Inner Mongolia region

A major Chinese energy company has pumped 20.2 billion yuan ($3 billion) into the Inner Mongolia autonomous region by creating jobs and boosting the economy.

During a four-year spell up to 2016, China Petroleum and Chemical Corp, or Sinopec, also generated 900 million yuan of tax revenues for the local government.

Investment by Sinopec creates jobs

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