Selection and cultivation of new economic growth points is the key to achieving a successful economic transition for coalbased cities. This paper, based on cases study on Fuxin and Jiaozuo, two typical coalbased cities, analyzes their new economic growth points, and summarizes their experience that can be used as references for other coalbased cities. It is believed that we should strengthen the leading role of government and transform its functions to make the coalbased city achieve sustainable development as soon as possible. Reform of the traditional industries shall be at the same time with the selection and cultivation of alternative industries. A planning at appropriate time on selection and cultivation of new economic growth points is necessary. We can raise funds from multichannels through projects and innovation of mechanism.

Oil and gas as important strategic resources are the major asset of oilgas enterprises, so how to disclose this asset to public is one of accountant’s three intractabilities. This paper, based on the particularity of oil-gas asset, analyzes the prevailing means to disclose accountant information by applying comparison, and presents a workable method adaptable for China’s situation.