The liquefied natural gas (LNG) industry, though still at an early stage in China, is gaining greater momentum with the commercial inauguration of the Guangdong project, resource allotment for the Fujian project and the proliferation of other proposed LNG projects across the country. In the context of strong world oil prices, development and utilization of LNG has become a good choice for many countries, and this in turn has caused the LNG price to rise. A big question at home and abroad is how China, a developing country, will configure its LNG industry. More than 150 representatives of LNG resellers, equipment manufacturers and research institutes shared their views at China's LNG Conference 2006 held by the Guangdong Oil & Gas Association (OGA) on November 28-29 this year. This article introduces their views on 3 subjects: 1) assessment of the international environment in the LNG industry; 2) recent conditions in China's LNG industry; 3) requirements for developing China's LNG industry, including: i) determining the proper scale and progress of LNG projects; ii) deciding the priority of projects according to resource availability; iii) specifying that China has to compete in importing LNG at prices of international market; iv) leveraging opportunities to improve the procuremente nvironment; andv )a doptinga ppropriate pricings trategies for downstream users.