As one of its promises made for its accession to the WTO, China is expected to open up its oil wholesale market by the end of 2006, after it deregulated the retail market in 2004. From May 23 to 24, 2006, our editoria...As one of its promises made for its accession to the WTO, China is expected to open up its oil wholesale market by the end of 2006, after it deregulated the retail market in 2004. From May 23 to 24, 2006, our editorial board, along with ARA, convened the international forum of "China’s Refined Oil Distribution and Retail Summit" in Beijing, with the support from the Business Reform Department under the Ministry of Commerce and the Energy Bureau of the NDRC. 150 delegates from big oil companies, research institutes, investment institutions, private enterprises and trades societies at home and abroad attended the forum. UK-based Global Energy Research Center chief economist Leo Drollas presented an introduction of the latest trends of development in the global oil products market. Market supervisors from BP, SK, India Oil Corporation and CNPC, along with veteran research personnel from Japan, France and China, shared with the delegates the experience of some countries in macro management over their deregulated oil products market and the operation strategies of some refined oil distributors, and exchanged their views on the issues related to the deregulation of the Chinese oil products wholesale market. The themes of the forum include thecharacteristics and development prospects of the Chinese oil products market, the evolution of the policies targeting the Chinese oil products market and how to develop the first-class refined oil retail enterprise.展开更多
文摘As one of its promises made for its accession to the WTO, China is expected to open up its oil wholesale market by the end of 2006, after it deregulated the retail market in 2004. From May 23 to 24, 2006, our editorial board, along with ARA, convened the international forum of "China’s Refined Oil Distribution and Retail Summit" in Beijing, with the support from the Business Reform Department under the Ministry of Commerce and the Energy Bureau of the NDRC. 150 delegates from big oil companies, research institutes, investment institutions, private enterprises and trades societies at home and abroad attended the forum. UK-based Global Energy Research Center chief economist Leo Drollas presented an introduction of the latest trends of development in the global oil products market. Market supervisors from BP, SK, India Oil Corporation and CNPC, along with veteran research personnel from Japan, France and China, shared with the delegates the experience of some countries in macro management over their deregulated oil products market and the operation strategies of some refined oil distributors, and exchanged their views on the issues related to the deregulation of the Chinese oil products wholesale market. The themes of the forum include thecharacteristics and development prospects of the Chinese oil products market, the evolution of the policies targeting the Chinese oil products market and how to develop the first-class refined oil retail enterprise.
