Chinanews, Beijing July 18 – The Social Sciences Academic Press of the Chinese Academy of Social Sciences published the 2006 energy blue paper titled “China Energy Development Report”. The report predicts that in 2010, 50% of China’s energy consumption will be imported from other countries. However, the Chinese government is taking measures to try to reduce China’s reliance on foreign imports for its oil energy consumption. Last year, China’s oil imports decreased by 2.2% compared with the previous year.
In 2005, China imported 136 million tons, or 42.9% of its oil from other countries, showing a decrease of 7.56 million tons, or a decrease of 5.3% from a year before.
In order to safeguard the nation oil safety, the blue paper suggests that China should take measures in various aspects. These include reducing reliance on oil imports, actively participating in international oil market competition,
http://www.zoomchina.com.cn/index.php?/content/view/9645/1/
2006-07-18 16:50:59 · 11 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
China's imports may have "reduced" on paper but I know first hand that their presence has increased in many oil mining nations (Middle East Countries, Africa, South America, etc..). They are providing tons of cheap labor to these nations and I imagine that translates as a win-win for the Chinese government as well. In other words, I believe they are trafficking their people as cheap labor to receive undocumented oil kick backs... You read it here first. That should meke the paper by the end of this decade... believe very little of what you read and always remember to consider the source.
2006-07-18 16:58:30 · answer #1 · answered by John Z 4 · 0⤊ 0⤋
China is importing more oil now mainly because Chinese are buying cars, this is leading to strong private-sector demand for imported oil.
However, the Chinese government wants to encourage energy efficiency for environmental, economic and political reasons.
Otherwise, China will become like the US which only produces 3% of its oil, and depends on the politically volatile Middle East for oil imports.
2006-07-19 08:34:06 · answer #2 · answered by Paul D 2 · 0⤊ 0⤋
This is incorrect. This is a Chinese govt source. China has virtually no domestic production. The issue with Taiwan that could lead to WWIII is all about international law rights to south china sea deposits such as those centered on the Spratly Islands. Do your own research rather than listening to known propoganda sources.
2006-07-18 16:59:04 · answer #3 · answered by djack 5 · 0⤊ 0⤋
Right..and the question being what, exactly?
The answer is nuclear power. Right now, they are using coal and killing up to two hundred miners a month. They are going nuclear...
but the problem is that it takes ten years to build a commercially viable, self-sustaining nuclear power plant. They won't get there by 2010.
Expect many more miners to be killed in the future and for the Russians to run a pipeline to them, charging them exorbitant prices.
The Chinese have, I am afraid, taken a very wrong turn here. But, let's wait and see, shall we?
DJack and JohnZ know what they are talking about (see below...)
The Chinese economy is a paper tiger waiting to choke on its own ashes...
2006-07-18 16:56:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I am not sure what the question is, but I do recognize the seriousness of the issue.
If the Chinese start consuming fuel the same way we Americans do, there definitely won't be enough to go around.
I support anyone who reduces their oil consumption!
As for the makers of the Prius... What the hell!! why did you make the car look so ugly!! make it look good, and people will buy it!! yikes, that's how things work...
2006-07-18 16:55:20 · answer #5 · answered by MattMan 3 · 0⤊ 0⤋
you've made a tremendous, obvious and doubtless intentional mistakes. kin production has no longer something to do with how a lot oil we import. All oil, in spite of the position it is drilled, is offered on the international marketplace to the optimal bidder. you may prefer to search for what the fracking fluids fascinated in getting the oil from the shale genuinely do, and the various issues in touch.
2016-11-06 19:25:00 · answer #6 · answered by ? 4 · 0⤊ 0⤋
That could mean it would take over USA as the biggest Oil consumer. That could also mean higher gas prices, due to higher demand, if output is not increased. China should look at other options then oil, they would be stuck with the same problem as US. And its costing me at the pump!! hahah..
2006-07-18 16:55:16 · answer #7 · answered by desixraja 3 · 0⤊ 0⤋
By 2010 China will rule the whole world, so they won't have to import any oil
2006-07-18 16:52:51 · answer #8 · answered by Anonymous · 0⤊ 1⤋
What is interesting is check out the increase in coal consumption in china.
2006-07-18 16:53:23 · answer #9 · answered by werk2much2000 4 · 0⤊ 0⤋
they use a lot of oil
2006-07-18 16:53:20 · answer #10 · answered by lanes 3 · 0⤊ 0⤋