After 60 years of development, China's energy industry has made great achievements. The installed capacity of power generation in the country grew from 1.85 million kilowatts in 1949 to more than 700 million kilowatts in 2008. The installed power generation capacity and power generation have ranked second in the world for more than ten consecutive years. The annual output of crude oil increased from 120,000 tons in 1949 to 190 million tons in 2008, making China the fifth largest oil and gas producer in the world. The output of raw coal increased from 32 million tons in 1949 to 2.79 billion tons in 2008, and the supply turned from shortage to total basic balance.
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