Weekly Review of Energy News (Sepember 6, 2010)
(Source: in-en.com)
◆ The Influence of Oil Price Fluctuations on China
Unlike developed countries, develo-ping nations like China will generally
exhibit increasingly heavier dependence on oil resources to boost economic
growth for the foreseeable future.
The sharp international oil price hikes, which led to domestic refined oil
price rises in China, have occasioned a far from negligible negative impact on
domestic related industries.
◆ Strategic Options for China against International Oil Price Fluctuations
Strengthening basic and forecast studies, establishing China's own
international oil politics and oil economics, and establishing early warning
systems.
Participating in international risk procurement and establishing risk
procurement shields for imported oil. Large oil trading companies should be
launched on the international market.
◆ Resuming oil exchanges as early as possible. * There are four purposes in
so doing.
