China’s State Council released a white paper October 24 indicating plans to open more of its largely state-controlled energy industry to private investment and market forces. The white paper, China Energy Policy 2012, stated that private investment will be encouraged in oil and natural gas pipeline infrastructure, natural resources exploration and development, coal processing, oil refining, the electricity sector, and the renewable energy sector. The paper concluded that China will work to develop non-fossil fuel energy sources with the goal of 11.4 percent of primary energy consumption coming from these sources and a goal of an installed capacity of non-fossil fuel energy sources of 30 percent of its energy portfolio by 2015. China’s goal is to reduce energy intensity 16 percent by the end of 2015 compared to 2010 levels.