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Analysis of China's Oil Economy Development Based on the Background of Economic Globalization

Dan Wu


Under the impact of economic globalization, oil is the lifeline of the country's economy and its international market is highly competitive. China now occupies an important position in the development of the world economy, and its consumption of energy such as oil is huge and mainly relies on imports. Based on this economic pressure, this paper will study the current situation and problems of China's oil economy in the context of economic globalization and analyze its future development path with the help of data on China's apparent oil consumption, imports, domestic production and import dependency in recent years.


Economic Globalization; Petroleum Economy; Development Status

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Yu PH. Research on the financialization of oil and countermeasures for China's oil economic security[J]. Journal of Beijing Institute of Petroleum Management Cadres, 2016, 23(04): 37-41.

Zhang HM, Ge JL, Hu JH, Guo XZ. Research on the financialization of oil and the countermeasures of China's oil economic security[J]. Journal of Petroleum University (Social Science Edition),2002,(04):1-3.

DOI: http://dx.doi.org/10.18686/fm.v8i2.8646