Review and Outlook of China's Oil Market in 2010

摘要

@@ China speeded up economic restructuring,energy saving and emission reduction,development of new energy and alternative energy,so it witnessed a rapid economic growth in the first half of 2010.International oil market was kept relatively stable,and oil prices fluctuated smaller.China timely adjusted domestic product oil prices,and domestic oil market showed faster growth of supply and demand and a declined growth rate.The market was relatively stable,and retail price competition became regular.In the latter half of the year,China's economy and national policies as well as the international oil market will continue the development trend of the first half; domestic oil market will show essentially similar characteristics.