摘要
Ever since the beginning of the21st century and China's entering into the WTO,China's refining sector has made great strides with the support of a rapid economic growth and a strong demand for petroleum despite the fact that the industry has been facing
Ever since the beginning of the 21st century and China's entering into the WTO, China's refining sector has made great strides with the support of a rapid economic growth and a strong demand for petroleum despite the fact that the industry has been facing a fiercer international competition, higher oil prices, policy-related losses (losses caused by the fact that refined oil prices strangely lower than that of the crude), international financial crisis, unstable energy geopolitics, and etc.