Rapid growth in automobile and other industries drives China's crude oil imports to record high
Sports Goods,Sports Aids,Sports Auxiliary Equipment,Leisure Sports Equipment Taizhou Tianma Plastic Products Co. LTD , https://www.tianmaepp.com
The rapid growth of automobiles and other industries drove China's crude oil imports to a record high Published: 2003-12-29 8:03:00 Latest statistics show that as of the end of November this year, China's crude oil imports reached 81.87 million tons, a year-on-year increase. Nearly 30 percent, a record high. Since the beginning of this year, the strong economic growth in China has directly driven the rapid growth in oil consumption. The growth rate of the automobile industry, which is closely related to crude oil, has exceeded 30%. The demand for diesel oil in the power, infrastructure, and construction industries has continuously increased. It will break 240 million tons. At the same time, domestic crude oil production has maintained a relatively low growth rate of 1.2% since 1996, and it cannot meet the needs of rapid economic development. It is predicted that China's crude oil imports will reach 90 million tons next year, surpassing Japan to become the world's second largest importer of crude oil. Zhou Dadi, Director of the Energy Research Institute of the National Development and Reform Commission: It is a long-term trend to see the growth of oil imports. First, we must encourage the use of oil, and second, we must maintain domestic oil production as much as possible. Another is to really make good use of two kinds of resources, and implement the strategy of going out.