2.Work Mechanism

A number of Working Groups will be set up within the BREP Cooperation Network, which will be consisting of members from businesses, financial institutions, research institutions, academia, industrial associations and other organizations. Each Working Group will be led by a Leading Organization, and will be working on sectors including but not limited to oil and gas, electric power, new energy and other conventional sectors. Working Groups on frontier sectors such as green finance and smart energy, and Work Group on Youth Innovation Network, will be highly encouraged. Scope of work will include but not limited to policy exchanges, development program alignment, technical cooperation, project development, capacity building, etc. Working Groups are encouraged to innovate the way they work together, for instance, they can jointly launch think tank products and build best practice cases so as to promote pragmatic energy cooperation.

All Working Groups will be working under the umbrella of BREP, and the Leading Organization should play a pacesettiing role by making detailed work plans, organizing members to implement the plans, coordinating and communicating internally and externally, delivering results, identifying and resolving issues in a timely manner, and regularly reporting to the NEA with work plans, execution reviews and progress on key issues. Members of the Working Group shall work together with the Leading Organization, and summit cooperation needs and their own work plans in a timely manner. If the Working Groups encounter common or pressing issues, they can ask the NEA for solution through proper coordination in line with the specifics of each case.

The NEA will regularly evaluate the performance of each Working Group, and showcase exemplary cooperation outcomes that can serve as demonstrations on ministerial conferences, the BREP forums and other important diplomatic events hosted by China. Other excellent cooperation results will be shown on the official website of the Belt and Road Energy Cooperation and through other energy related media channels.