在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>China
       
 

Strategic oil reserves to be filled next year
(Agencies)
Updated: 2005-01-07 02:01

China, the world's second-biggest oil consumer after the United States, is likely to start filling strategic oil reserves next year in order to ensure a stable and rapid growth of the world’s fastest growing economy, a senior economic official said on Thursday. 

A file photo shows tank cars entering China from Russia at Erlianhaote of the Inner Mongolia Autonomous Region on September 23, 2004. [Xinhua]
Oil demand is expected to keep growing at or above the forecast GDP growth of 8.5 percent for 2005, Zhang Xiaoqiang, vice minister of China's National Development and Reform Commission (NDRC) said on Thursday.

China imports about 40 percent of its crude needs, a proportion that is possible to rise as its consumption shoots higher to fuel a robust economic growth.

Ten million barrels of storage capacity in the east coast city of Ningbo is due to be ready for use in August this year, the first phase of a strategic petroleum reserve (SPR) of some 150 million barrels planned for completion in three to five years, some analysts said.

Chinese oil firms usually hold between 10 and 30 days of oil stocks as part of commercial operations, but Beijing economists have become concerned over the last couple of years over lack of emergency stockpiles, which the developed countries like the United States and Japan have long before built on their soil.

"In 2005 we will still see a relatively stable situation in energy consumption," said Zhang.

China is trying to reduce the energy intensity of its heavy industry to bring energy efficiency closer to western norms, Zhang said. In industrialized nations oil demand growth is generally half their GDP growths.

"Our energy consumption rate will be reduced step by step so we can use doubling of energy consumption to support a quadrupling of GDP," Zhang said. "Last year prices went above $50. Some say this is dangerous not only for China but for the world economy and I agree with this opinion."



 
  Today's Top News     Top China News
 

China to outlaw sex-selective abortions

 

   
 

Wen proposes more aid, co-operation

 

   
 

Strategic oil reserves to be filled next year

 

   
 

China urges US to lift sanctions

 

   
 

Tsunami death toll rises to 145,000

 

   
 

Ten faces of 2004's economy

 

   
  Airlines works for direct charter flights
   
  Food price warning planned in Shanghai
   
  Touched by a six-year-old
   
  Beijing schools slashed by a quarter
   
  WB: China's economy faces challenges
   
  Chinese volunteers leaves for US
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 亚洲精品1区| 日韩av福利 | 特级淫片aaaaaaa级 | 免费色视频 | 黄色成年人网站 | 在线视频福利 | 欧美不卡视频 | 毛片一级片 | jlzzzjlzzz国产免费观看 | 免费毛片观看 | 黄色天堂 | 超碰人人干 | 欧美国产在线视频 | 99视频精品| 国产激情一区二区三区 | 福利片在线观看 | 欧美日韩二区三区 | 成人福利视频在线观看 | 精产国产伦理一二三区 | 麻豆亚洲一区 | 欧美成人一级 | 99视频在线观看免费 | 精品福利在线观看 | 日韩av在线一区 | 亚洲激情四射 | 国产精品一区二区三区四区五区 | 黄视频免费观看 | 国产成人三级一区二区在线观看一 | 激情综合网站 | 国产精品视频免费 | 免费a网站 | 欧美视频在线观看 | 欧美日韩视频在线 | 久久久久久国产精品 | 一区二区三区在线观看免费 | 天天干天天操 | 电家庭影院午夜 | 欧美精品999 | 亚洲手机在线 | 黄色一极片| 黄色一级片黄色一级片 |