The Study Of Tax Policy For China's Oil Security

Petroleum is one of most important resources that act a strategic role for the development of economy for all countries in the world. It has been known as"the blood of modern industry". These years, with the rapid development of economy, China has experienced a violent increase on the consumptive demand of petrol oil. On the contrary, the supply of petroleum in our country suffered from production crisis. The conflict between oil supply and demand had become more and more aggravation. Since 1993, when China became the net-import country of petroleum, the rate of foreign dependency of our oil consumption has also gradually increased. Moreover, The international oil price has been continually growing and fluctuating frequently. With the impact of that, how to safeguard our country's oil security has received a whole social widespread attention from all walks of life. Precisely based on such background, this article attempts to study the strategy of oil security in our country, from the view of tax. First, it analyzes each kind of threat which our country's oil security might face, and proposes the strategy frame of oil security. Then, it analyzes the limitation of China's existent tax policy to the implementing of oil security strategy. After learning from foreign experience, this article suggests some new proposals on optimizing and reforming our taxation system so as to play a positive coordinating role in our country's oil security developmental strategy.