Analysis On Influencing Factor And Strategy Of Chinese Oil Trades

As the based energy in our life oil is inseparable from our daily lives.It is extended to all fields,and it is widely used in transportation,petrochemical,and other walks of life.Oil is known as "Black gold" and "economic blood" of the economy and even the whole society.The flow of oil is changing the political and economic situation in the world,and the international contest for the oil will not stop as long as no new fuel replaces petroleum.China's oil imports annually increase by about 10,000,000 tons since it became a net importer of oil in 1993,and increase year by year.By 2002 China has replaced Japan as the world's second largest oil consumer and importer Country.In 2007,Chinese oil imports are up to 196,800,000 tons and its dependence on overseas close to 50%.Oil is very important for Chinese economic development.This paper begins as the current situation of the world's oil trade.It analyzes the distribution of oil resources in the world,and described the characteristics,flows, transport of the world's oil trade and contest of major powers for oil.Then this article also analyzes the general situation of China's oil trade,including the import and export volume,product mix,sources of imports,and the mode of transport.At the same time it points out the current problems.Then this paper goes on to the factors that affect the oil trades,and select some factors and Chinese oil imports to do empirical analysis in order to find out the major economic factors that impact China's oil trade.In the conclusive part of this paper,based on the analysis of China's oil trade problems and their impact factors,I make some ideas and suggestions from the basic concept of trade,strategy and measures to promote China's oil foreign trade.