On July 31, 2008, the Chinese government inaugurated the National Energy Bureau (NEB), which is a vice-ministerial level bureau under the management of the National Development and Reform Commission (NDRC). The NEB will assume responsibilities from a number of former and existing government agencies, including the former Energy Bureau under the NDRC, nuclear power management responsibilities of the Commission of Science, Technology and Industry for National Defense, the National Energy Leading Group Office, and the National Oil Reserve Center. The NEB will be responsible for formulating and implementing energy-related policies and national oil reserve plans, overseeing energy industries, managing nuclear power, and implementing international cooperation on energy, among others. The establishment of the NEB reflects the growing importance that the Chinese government attaches to the energy sector, which plays a key role in fueling and ensuring the continuation of China’s economic growth.