Research On China Oil Resources Strategy And Foreign Direct Investment

Oil resources is the primary energy which is indispensable to social production and life, and has important influence on economic development. Oil is an important strategic resource, and also one of China's shortages of resources. Oil has become the important strategic materials which related to the lifeline of the national economy and international economic security, and penetrated into all aspects of the national economy and people life. As the world's largest developing country, with the rising level of economic development, China's demand for oil resources increases continuously. Since reform and opening up, China's demand for oil increased and depended on the international oil market increasingly. Since 1993, it became the oil security issues because China's more and more unbalanced oil supply and demand and the gap between supply and demand has expanded each year. How to obtain adequate and stable China's overseas oil resources is the key problem for solving of the oil gap. Therefore, making the science strategy of oil resources has important practical and strategic significance to the promotion of China's economic development.The overall structure of the thesis is divided into five chapters, and we study the issue China foreign direct investment on oil resources from all levels .The thesis mainly discusses the strategies of China's foreign investment on oil resources. First of all, through researching the overview of world and China's oil resources and the situation of oil resources'supply and demand, we proposed the China's oil strategy borrowing from developed countries'oil strategies. Then, we analyze the motivation of China's foreign direct investment on oil resources from the two aspects of macroeconomic factors and micro factors, and evaluate the feasibility of China's foreign direct investment on oil resources from the two aspects of favorable and unfavorable conditions. Finally, we put forward the strategies of China's foreign investment on oil resources according to above analysis, including investment location choices, investment model and core competence of oil enterprise, etc.; also propose policy recommendations of China's foreign investment on oil resources that the Chinese government also needs to vigorously implement the reasonable and effective policy support, including finance, banking, law, government institutions and mechanisms, diplomatic and so on.