China's crude oil dependence reached 54.8% in the first half of the year

August 4 Afternoon news, from trade information data show that the first half of China's crude oil apparent consumption rose 18.56% per cent, to 215.3 million tons.　　Imports accounted for 54.8% of the apparent consumption, and the innovation was high. Data from the trade information show that China's crude oil apparent consumption was 215.3 million tonnes in the first half of 2010, an increase of 18.56%.　　Among them, the output accounted for the apparent consumption of 45.7%, the year-on-year decrease of 5.8%, imports accounted for the apparent consumption of 54.8%. Data show that in the first half of this year, China's crude oil imports continued to maintain 30% growth to 118 million tons, exports shrank by 57%, and domestic production rose steadily by 5.33% per cent.　　The relative lag in domestic crude oil production has caused China's foreign dependence on crude oil to refresh record highs, up 5.74% per cent in the first half of this year. According to the Trade information Survey, after the reform of the refined oil pricing mechanism, the continuous profitability of the refinery continued to increase the amount of crude oil processing, in addition to the long-term bullish expectations of oil prices and reserve demand, supporting importers of crude oil enthusiasm, the first half of this year, the average monthly imports of 19.66 million tons. (Huayan from Beijing)