This law is formulated in order to promote energy conservation throughout society, improve the efficiency of energy utilization, achieve economic benefits, protect the environment and secure national economic and social development. The Law consists of 50 articles divided into 6 Chapters: General Provisions (I); Energy conservation management (II); Rational utilization of energy (III); Technological progress in energy conservation (IV); Legal liabilities (V); Supplementary provisions (VI). The term energy refers to various resources including coal, crude oil, natural gas, power, coke, coal gas, heat, oil products, liquid petroleum gas, biomass, etc. The State Council and local governments shall choose in an optimal way energy conservation and energy exploitation investment projects, and develop energy investment plans, based on a technical, economic, and environmental assessment of energy conservation and energy exploitation. The administrative agency of the State Council in charge of standardization shall formulate national standards of energy conservation. Energy-using entities shall strengthen energy conservation management capabilities, formulate and implement energy conservation technical measures, and reduce energy consumption. Energy-using organizations shall submit reports of energy use periodically (arts. 28 and 29). The State encourages and supports the development of energy conservation technology, determines the priority and direction for developing advanced energy conservation technology, establishes and completes energy conservation technology service systems, and creates and regulates the energy conservation technology market. The State also encourages the introduction of advanced foreign energy conservation technology and equipment.