The Chinese oil and gas major PetroChina reported for 1H 2023. The company's revenue decreased by 8.3% YoY to RMB 1,479.9 billion, operating profit increased by 1.3% to RMB 120.6 billion.
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At the moment, China is leading by a large margin in terms of sales of electric vehicles and hybrids. According to the expectations of the China Passenger Car Association, in 2023 this index may exceed 8.5 million units, which corresponds to an annual growth of 30%.
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