Adhering to the philosophy of "localization, development upon surrounding advantages, and win-win cooperation", Sinopec has signed strategic cooperation agreement with a number of provinces and cities in 2011. Sinopec has actively participated and promoted local employment and company development. For example, some oilfield subsidiaries carried out activity of "Building harmonious and civilized community", made great efforts to create a safe, convenient, clean and beautiful environment and healthy cultural atmosphere for community residents, which was recognized by local government and people.

According to preliminary statistics, by the end of 2011, Sinopec has 71100 workers for local communities, of which 48000 are registered. There are 2.07 million residents in our communities with total assets of RMB 15.6 billion. In 2011, we expended RBM 12.8 billion for the communities.

We have continuously supported domestic and international sports and cultural undertakings. In 2011, we arranged RMB 36 million for sports and cultural undertakings, including Paralympics and Peasants Sports Game in China and various IAAF sports games.