This Day, That Year
China Daily | Updated: 2019-01-30 07:46
Editor's note: This year marks the 70th anniversary of the founding of New China.
On Jan 30, 1982, the State Council, China's Cabinet, issued regulations covering joint offshore oil exploration with foreign companies, as seen in the item from China Daily.
The country turned to foreign sources for the technological know-how and capital it sorely lacked.
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