"During the period, the company made nine new discoveries and successfully appraised 13 oil and gas structures.

The Baodao 21-1 structure was appraised with a positive progress.

The Kenli 10-2 and Wenchang 9-7 oil and gas bearing structures were successfully appraised in offshore China too.

As many as 23 commercial discoveries were made and 30 oil and gas bearing structures were successfully appraised last year, the corporation said.

As many as 23 commercial discoveries were made and 30 oil and gas bearing structures were successfully appraised last year, said the corporation, China's largest producer of offshore oil and gas.

It has also made 17 commercial discoveries and successfully appraised 17 oil and gas structures.

How do you appraise China's efforts to contain the country's debt levels and push deleveraging in the economy?

How do you appraise the financial risks facing China?

"According to Miao, the new service platform will employ advanced technologies including AI and blockchain to accurately appraise users' integrity index, hoping to integrate the fields of finance, transportation, marketing and consumption to build up integrity index management system.

The technology was independently developed by a research team with Shandong University of Technology and has been appraised by the State Intellectual Property Office as a "revolutionary discovery" to produce polyurethane foam agent free of CFCs, which are harmful to the ozone layer and a source of greenhouse gas.

Apart from Sinopec, which strengthened risk exploration in new regions and sectors during the past nine months and harvested new discoveries in the Tarim, Sichuan, and Erdos Basins, as well as major breakthroughs in continental shale oilfields of the Bohai Bay, Sichuan and North Jiangsu Basins, CNOOC has also made nine new discoveries and successfully appraised 13 oil and gas structures.

The statement reiterated that any social organizations found to be engaged in activities that harm national unification, national security, ethnic unity or jeopardizing the national interest/public interest will be appraised as "unqualified" in the examination and punished according to law.

Assets pricing is to appraise risks brought through by that information.

The bank's assets will be appraised at an appropriate time and the information will be disclosed, said the CBIRC.

"Our goal is for all loans to be appraised in about six months, from the date of project identification to the date of approval by the board of directors, which is faster than most of the traditional international multilateral financial institutions," said Zhu, who has been a senior executive at World Bank Group and the Asian Development Bank.