Along with the speedy development of the economic growth in China, the shortage of oil and gas becomes more and more serious. Based on summarizing some related research results, the prediction of China＇s oil demand a...Along with the speedy development of the economic growth in China, the shortage of oil and gas becomes more and more serious. Based on summarizing some related research results, the prediction of China＇s oil demand and supply in the year 2010 and the year 2020 has been given in the paper. The oil supply and demand situation is discussed on three different levels. Accordingly, suggestions about the oil supply safety and the national economy safety strategies have been given.展开更多
The paper makes a comprehensive prediction of China＇s future demand for oil and gas with two methods, i.e. the prediction method based on the demand for individual oil and gas products and the method for predicting t...The paper makes a comprehensive prediction of China＇s future demand for oil and gas with two methods, i.e. the prediction method based on the demand for individual oil and gas products and the method for predicting the total demand. According to the demand prediction of, and the historical data on, the oil and gas consumption, we conduct an analysis of the oil and gas consumption trends, which can be described as six different development periods. On the other hand, the paper makes a comprehensive analysis of the domestic oil and gas resources and, on this basis, makes a basic prediction of the domestic output of oil and gas. The supply and demand situation is also analyzed. By using the SWOT analysis method, the paper puts forward the development strategies for China＇s oil and gas industry and gives some related strategic measures.展开更多
The author used two common methods in this industry, i. e. the ＂Consumption Coefficient Method＂ and the ＂Elasticity Coefficient Trend Method＂, to forecast the refined oil product demand in 2010. Through analyzing ...The author used two common methods in this industry, i. e. the ＂Consumption Coefficient Method＂ and the ＂Elasticity Coefficient Trend Method＂, to forecast the refined oil product demand in 2010. Through analyzing and comparing the two forecast results, it is projected that the demand for finished product oils in 2010 will be in the range of 220 to 240 million tons a year. In addition, out of concern about the total oil products consumption to exceed 600 million tons/year in 2020, the author puts forward suggestions and measures aimed at conservation of oil products and application of alternative fuels.展开更多
China's domestic oil production has lagged the growth in domestic oil consumption since the beginning of the 21st century,leading to a growing reliance on imports.In response,the Chinese government has introduced ...China's domestic oil production has lagged the growth in domestic oil consumption since the beginning of the 21st century,leading to a growing reliance on imports.In response,the Chinese government has introduced a number of policies,including import license constraints,to support domestic suppliers.In an effort to measure the economic impact of these policies we develop a short-run equilibrium model of China's wholesale oil and gas market at the provincial scale.We construct counterfactual scenarios that suggest that relaxing policies that prioritize domestic production in 2016,when the average price of Chinese oil imports was US$42 per barrel(bbl),could have increased China's import demand by 0.29 million barrels per day(MMbbl/d).This results in a substitution of 9%of China’s domestic production in 2016,and a reduction of US$2.8 billion in crude supply costs including transportation as the imported oil has more direct access to the country’s pipeline network,compared to the displaced domestic production.In addition,rising import prices since mid-2017 may provide a window of opportunity for Chinese policymakers to proceed with further deregulation of the domestic oil sector,as the short-term impact on domestic producers is reduced.展开更多
Through analysis of the current situation and newly-increased production capacity-of the oil refining industry of China, this Paper discusses both the continuous expansion trend and the serious excess of production ca...Through analysis of the current situation and newly-increased production capacity-of the oil refining industry of China, this Paper discusses both the continuous expansion trend and the serious excess of production capacity of the oil refining industry of China. Due to the entry of the Chinese economy into the new normal,the accelerated substitution of old energy by new energy and rigid restrictions composed of low carbon and environmental protection requirements, the oil demand of China will continue to increase overall, but the growth will obviously slow down. At the same time, the newly-increased production capacity in Shandong and coastal region will continuously expand, the supply and demand contradiction will intensify, and the structural excess production capacity of the oil refining industry of China will be prominent. It is suggested that the government should attach great importance to the production capacity of the oil refining industry at the macro level, and deeply carry forward the supply side structural reform, and that enterprises should speed up technical innovation,enhance regional and layout optimization, adapt to market changes and adjust product structure, control oil refining but increase chemical engineering, improve product quality and production efficiency, and constantly promote the international competitiveness of the Chinese petrochemical industry.展开更多
Having experienced over 30 years of rapid growth,China’s economic development is entering a new normal featured by an ever optimizing economic structure shifting from high-speed to medium-high speed growth,and from f...Having experienced over 30 years of rapid growth,China’s economic development is entering a new normal featured by an ever optimizing economic structure shifting from high-speed to medium-high speed growth,and from factor-driven to innovation-driven pattern.In adapting展开更多
Growth rate of oil demand rose again in China in the first half of 2015. Demand for oil products went on differentiating, and the demand growth of most products sped up. Growth rate of oil production rose again, oil i...Growth rate of oil demand rose again in China in the first half of 2015. Demand for oil products went on differentiating, and the demand growth of most products sped up. Growth rate of oil production rose again, oil imports increased rapidly, and external dependence of crude oil and oil broke through 60% separately. The State adjusted the prices of gasoline and diesel timely and frequently, based on pricing mechanism. Price hike was higher than reduction. Oil market got weak, yet more stable. China increased the pace of reforms in marketization. In the second half, oil demand will increase continuously but with lower growth rate, oil production will rise more slowly, imports of crude oil and oil will keep on rising rapidly, gasoline and kerosene as well as diesel will witness a net import, and the market of gasoline, kerosene and diesel will be more stable.展开更多
Bulk mineral resources of iron ores, copper ores, bauxite, lead ores, zinc ores and potassium salt play a pivotal role on the world＇s and China＇s economic development. This study analyzed and predicted their resourc...Bulk mineral resources of iron ores, copper ores, bauxite, lead ores, zinc ores and potassium salt play a pivotal role on the world＇s and China＇s economic development. This study analyzed and predicted their resources base and potential, development and utilization and their world＇s and China＇s supply and demand situation in the future 20 years. The supply and demand of these six bulk mineral products are generally balanced, with a slight surplus, which will guarantee the stability of the international mineral commodity market supply. The six mineral resources （especially iron ores and copper ores） are abundant and have a great potential, and their development and utilization scale will gradually increase. Till the end of 2014, the reserve- production ratio of iron, copper, bauxite, lead, zinc ores and potassium salt was 95 years, 42 years, 100 years, 17 years, 37 years and 170 years, respectively. Except lead ores, the other five types all have reserve-production ratio exceeding 20 years, indicative of a high resources guarantee degree. If the utilization of recycled metals is counted in, the supply of the world＇s six mineral products will exceed the demand in the future twenty years. In 2015-2035, the supply of iron ores, refined copper, primary aluminum, refined lead, zinc and potassium salt will exceed their demand by 0.4-0.7 billion tons （Gt）, 5.0-6.0 million tons （Mt）, 1.1-8.9 Mt, 1.0-2.0 Mt, 1.2-2.0 Mt and 4.8-5.6 Mt, respectively. It is predicted that there is no problem with the supply side of bulk mineral products such as iron ores, but local or structural shortage may occur because of geopolitics, monopoly control, resources nationalism and trade friction. Affected by China＇s compressed industrialized development model, the demand of iron ores （crude steel）, potassium salt, refined lead, refined copper, bauxite （primary aluminum） and zinc will gradually reach their peak in advance. The demand peak of iron ores （crude steel） will reach around 2015, 2016 for potassium salt, 2020 for refined lead, 2021 for bauxite （primary aluminum）, 2022 for refined copper and 2023 for zinc. China＇s demand for iron ores （crude steel）, bauxite （primary aluminum） and zinc in the future 20 years will decline among the world＇s demand, while that for refined copper, refined lead and potassium salt will slightly increase. The demand for bulk mineral products still remains high. In 2015-2035, China＇s accumulative demand for iron ores （crude steel） will be 20.313 Gt （13.429 Gt）, 0.304 Gt for refined copper, 2.466 Gt （0.616 Gt） of bauxite （primary aluminum）, 0.102 Gt of refined lead, 0.138 Gt of zinc and 0.157 Gt of potassium salt, and they account for the world＇s YOY （YOY） accumulative demand of 35.17%, 51.09%, 48.47%, 46.62%, 43.95% and 21.84%, respectively. This proportion is 49.40%, 102.52%, 87.44%, 105.65%, 93.62% and 106.49% of that in 2014, respectively. From the supply side of China＇s bulk mineral resources, it is forecasted that the accumulative supply of primary （mine） mineral products in 2015-2035 is 4.046 Gt of iron ores, 0.591 Gt of copper, 1.129 Gt of bauxite, 63.661 Mt of （mine） lead, 0.109 Gt of （mine） zinc and 0.128 Gt of potassium salt, which accounts for 8.82%, 13.92%, 26.67%, 47.09%, 33.04% and 15.56% of the world＇s predicted YOY production, respectively. With the rapid increase in the smelting capacity of iron and steel and alumina, the rate of capacity utilization for crude steel, refined copper, alumina, primary aluminum and refined lead in 2014 was 72.13%, 83.63%, 74.45%, 70.76% and 72.22%, respectively. During 2000-2014, the rate of capacity utilization for China＇s crude steel and refined copper showed a generally fluctuating decrease, which leads to an insufficient supply of primary mineral products. It is forecasted that the supply insufficiency of iron ores in 2015-2035 is 17.44 Gt, 0.245 Gt of copper in copper concentrates, 1.337 Gt of bauxite, 38.44 Mt of lead in lead concentrates and 29.19 Mt of zinc in zinc concentrates. China has gradually raised the utilization of recycled metals, which has mitigated the insufficient supply of primary metal products to some extent. It is forecasted that in 2015-2035 the accumulative utilization amount of steel scrap （iron ores） is 3.27 Gt （5.08 Gt）, 70.312 Mt of recycled copper, 0.2 Gt of recycled aluminum, 48 Mt of recycled lead and 7.7 Mt of recycled zinc. The analysis on the supply and demand situation of China＇s bulk mineral resources in 2015-2035 suggests that the supply-demand contradiction for these six types of mineral products will decrease, indicative of a generally declining external dependency. If the use of recycled metal amount is counted in, the external dependency of China＇s iron, copper, bauxite, lead, zinc and potassium salt will be 79%, 65%, 26%, 8%, 16% and 18% in 2014, respectively. It is predicted that this external dependency will decrease to 62%, 64%, 20%, -0.93%, 16% and 14% in 2020, respectively, showing an overall decreasing trend. We propose the following suggestions correspondingly. （1） The demand peak of China＇s crude steel and potassium salt will reach during 2015-2023 in succession. Mining transformation should be planned and deployed in advance to deal with the arrival of this demand peak. （2） The supply-demand contradiction of China＇s bulk mineral resources will mitigate in the future 20 years, and the external dependency will decrease accordingly. It is suggested to adjust the mineral resources management policies according to different minerals and regions, and regulate the exploration and development activities. （3） China should further establish and improve the forced mechanism of resolving the smelting overcapacity of steel, refined copper, primary aluminum, lead and zinc to really achieve the goal of ＂reducing excess production capacity＂. （4） In accordance with the national strategic deployment of ＂One Belt One Road＂, China should encourage the excess capacity of steel, copper, alumina and primary aluminum enterprises to transfer to those countries or areas with abundant resources, high energy matching degree and relatively excellent infrastructure. Based on the national conditions, mining condition and geopolitics of the resources countries, we will gradually build steel, copper, aluminum and lead-zinc smelting bases, and potash processing and production bases, which will promote the excess capacity to transfer to the overseas orderly. （5） It is proposed to strengthen the planning and management of renewable resources recycling and to construct industrial base of renewable metal recycling. （6） China should promote the comprehensive development and utilization of paragenetic and associated mineral species to further improve the comprehensive utilization of bulk mineral resources.展开更多
This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance betw...This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance between supply and demand, and optimize the logistics scheme. The model takes minimum logistics cost and resource adjustment cost as the objective function, and takes supply and demand capacity, transportation capacity, mass balance, and resource adjustment rules as constraints.Three adjustment rules are considered in the model, including resource adjustment within oil suppliers,within oil consumers, and between oil consumers. The model is tested on a large-scale primary logistics of a state-owned petroleum enterprise, involving 37 affiliated refineries, 31 procurement departments,286 market depots and dedicated consumers. After the unified optimization, the supply and demand imbalance is eased by 97% and the total cost is saved by 7%, which proves the effectiveness and applicability of the proposed model.展开更多
A water supply model and a water demand model are developed to exercise resources budgets of the North China Plain with a planning horizon of the year 2030. The budgets indicate that the North China Plain would face ...A water supply model and a water demand model are developed to exercise resources budgets of the North China Plain with a planning horizon of the year 2030. The budgets indicate that the North China Plain would face serious water stress from 1993 to 2000, and water resources available in the region can not meet the needs of the socioeconomic development and environment from 2000 to 2030. The south/north Water transfer project is the only option to solve the emerging water crisis.展开更多
This paper makes predictions for China’s grain production and its associated supply and demand situation up to 2030 by using input-occupancy-output techniques and systems science methodology. It argues that, taking i...This paper makes predictions for China’s grain production and its associated supply and demand situation up to 2030 by using input-occupancy-output techniques and systems science methodology. It argues that, taking into account its basic situation and world grain resources, China has no other choice but to count on self-sufficiency in terms of grain supply.展开更多
A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development targ...A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development target China Dream.Results showed that 1)toward the 2050 China Dream target,total final energy consumption is expected to peak at 3.9 Gtce in 2030 and remain stable until 2050,whereas total primary energy consumption is expected to reach an upper platform by 2040 and around 5.8 Gtce by 2050;2)the proportion of non-fossil fuels is expected to reach approximately 50%and that of natural gas to reach more than 16%by 2050;3)CO2 emissions from energy use are expected to peak at 9.6 Gt by no later than 2030 and then gradually decline to 6.7 Gt by 2050.展开更多
By analyzing the distribution of global oil and gas fields and the reasons why some oil and gas fields are not in production, the distribution characteristics of oil and gas remaining recoverable reserves and their ye...By analyzing the distribution of global oil and gas fields and the reasons why some oil and gas fields are not in production, the distribution characteristics of oil and gas remaining recoverable reserves and their year-on-year changes, the distribution characteristics of oil and gas production and their year-on-year changes, and the development potential of oil and gas to be tapped in 2021, this paper sorts out systematically the current status and characteristics of global oil and gas development, summaries the major trends of global oil and gas development, puts forward enlightenment for international oil and gas cooperation. In 2021, oil and gas fields were widely distributed, the number of non-producing oil and gas fields was large;the whole oil and gas remaining recoverable reserves declined slightly, unconventional oil and gas remaining recoverable reserves dropped significantly;the overall oil and gas production continuously increased, the outputs of key resource-host countries kept year-on-year growth;undeveloped oilfields had abundant reserves and great development potential. Combined with global oil and gas geopolitics, oil and gas industry development trends, oil and gas investment intensity, and the tracking and judgment of hotspot fields, the major trends of global oil and gas development in 2021 are summarized. On this basis, the four aspects of enlightenment and suggestions for international oil and gas cooperation and development strategies are put forward: attach great importance to the obligation of marine abandonment to ensure high-quality and long-term benefit development of offshore oil and gas;adhere to the principle of not going to dangerous and chaotic places, strengthen the concentration of oil and gas assets, and establish multi stable supply bases;based on the multi-scenario demand of natural gas, realize the transformation from integrated collaboration to full oil and gas industry chain development;increase the acquisition of high-quality large-scale assets, and pay attention to the continuous optimization of the shareholding ratio of projects at different stages.展开更多
The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from Janua...The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from January 1999 to March 2020.We adopt a similar approach to Kilian(Am Econ Rev 99(3):1053–1069,2009)and construct a structural vector autoregression framework to decompose crude oil price shocks into oil supply shock,oil aggregate demand shock,and oil-specific demand shock.We then explore the distinct effects of different kinds of oil price shocks from various sources.Based on the decomposed oil price shocks,we apply the connectedness approach and QQ regression to find time-varying co-movements and tail dependence between oil price shocks and G7 stock returns.There is no general correlation between the decomposed oil prices and stock returns in these countries.The effects of oil price shocks on stock returns across different stock market conditions appear to be heterogeneous.Oil supply shock appears to be a net transmitter of spillover effects for all G7 countries within the sample period.展开更多
Rape is the third largest oil crop in the world and the first one in China.The national average rapeseed yield is only 2077.5 kg/hm^(2),and the rapeseed oil yield is 894 kg/hm^(2).This paper introduced the main types,...Rape is the third largest oil crop in the world and the first one in China.The national average rapeseed yield is only 2077.5 kg/hm^(2),and the rapeseed oil yield is 894 kg/hm^(2).This paper introduced the main types,germplasm resources,breeding bases and breeding progress of Chinese rape,and studied its high-quality varieties,breeding patents and new varieties of agricultural plants.We analyzed the main problems such as serious loss of germplasm resources in Brassica campestris L.and Brassica juncea(L.)Czern.et Coss and weak"agricultural chip"in rape field,and put forward strategies such as strengthening the protection of rape germplasm resources,encouraging the development of"agricultural chip"in rape industry clusters with national advantages and characteristics,and strengthening the protection of agricultural intellectual property rights.展开更多
China's macro economy has remained in a good and stable condition overall,experiencing an annual GDP growth of over 10% for several consecutive years.Under this basic condition, the main focus of the Outlook was C...China's macro economy has remained in a good and stable condition overall,experiencing an annual GDP growth of over 10% for several consecutive years.Under this basic condition, the main focus of the Outlook was China's current grain and oil supply,and the demand market with its probable future prices.展开更多
Based on the connotation of urban resilience and the main contradictions of China's urbanization,urban resilience is placed within the main daily activities contradictory scene of the urban man-land system to buil...Based on the connotation of urban resilience and the main contradictions of China's urbanization,urban resilience is placed within the main daily activities contradictory scene of the urban man-land system to build a theoretical framework of urban activity resilience.Relying on geographic big data,this study identifies the spatial characteristics of activity resilience,reveals the impact of activity environment on activity resilience in Nanjing,and proposes countermeasures.The main conclusions are as follows.1)Activity resilience presents a composite spatial structure of circles and clusters,and most areas are resilient but at a low level.2)There are significantly positive and negative global autocorrelation between activity resilience and activity scale,and activity stability.Simultaneously,there also exists a local spatial autocorrelation with the opposite positive and negative trends.3)Activity environment has a significant effect on activity resilience,and the degree and direction of influence among different dimensions and regions are heterogeneous.4)For activity resilience,it is necessary to increase the matching degree between the scale and stability of activities,and reduce the excessive concentration and flow of activities.For the activity environment,it is necessary to improve the accessibility of the ecological environment,strengthen the high-quality supply of the infrastructure environment,optimize the balance of the location environment,and promote the inclusiveness of the social environment.展开更多
In recent ten years, the rapid development of China high-speed railway is called "China miracle", and it not only provides great convenience for people's daily life trip, but also greatly promotes the ec...In recent ten years, the rapid development of China high-speed railway is called "China miracle", and it not only provides great convenience for people's daily life trip, but also greatly promotes the economic development. However, the annual spring transportation in the special period is still a great challenge to high-speed railway transportation, and this paper analyzes the high-speed railway ticket for spring transportation from the perspective of microeconomics, and then thinks for the solution. This paper specifically analyzes the problem that demand exceeds supply for high-speed railway ticket by using the theories of the demand elasticity of supply and demand and the influence of price on supply and demand, monopoly markets. In addition, opportunity cost, incomplete information and other economic principles are used to think about the theoretical reasons for the difficulty of buying tickets during the spring transportation. I have given my understanding for the two problems owned by China spring transportation, and the corresponding countermeasures and suggestions. For example, speed up the development of substitutes and carry out the mechanism of price fluctuation;In the ticket refunding mechanism, this paper boldly conceives the method to relieve the pressure through a reasonable and scientific ticket refunding mechanism. Finally, this paper starts from the source and find the key point to solve the problem of spring transportation in China by breaking the urban-rural dual structure. Hereafter the final conclusion was drawn: Although there are some problems to cope with the spring transport for the current China high-speed railway, it is believed that in the near future, the difficulty of buying a ticket in spring transportation will no longer hinder the homecoming of wanderers.展开更多
文摘Along with the speedy development of the economic growth in China, the shortage of oil and gas becomes more and more serious. Based on summarizing some related research results, the prediction of China＇s oil demand and supply in the year 2010 and the year 2020 has been given in the paper. The oil supply and demand situation is discussed on three different levels. Accordingly, suggestions about the oil supply safety and the national economy safety strategies have been given.
文摘The paper makes a comprehensive prediction of China＇s future demand for oil and gas with two methods, i.e. the prediction method based on the demand for individual oil and gas products and the method for predicting the total demand. According to the demand prediction of, and the historical data on, the oil and gas consumption, we conduct an analysis of the oil and gas consumption trends, which can be described as six different development periods. On the other hand, the paper makes a comprehensive analysis of the domestic oil and gas resources and, on this basis, makes a basic prediction of the domestic output of oil and gas. The supply and demand situation is also analyzed. By using the SWOT analysis method, the paper puts forward the development strategies for China＇s oil and gas industry and gives some related strategic measures.
文摘The author used two common methods in this industry, i. e. the ＂Consumption Coefficient Method＂ and the ＂Elasticity Coefficient Trend Method＂, to forecast the refined oil product demand in 2010. Through analyzing and comparing the two forecast results, it is projected that the demand for finished product oils in 2010 will be in the range of 220 to 240 million tons a year. In addition, out of concern about the total oil products consumption to exceed 600 million tons/year in 2020, the author puts forward suggestions and measures aimed at conservation of oil products and application of alternative fuels.
文摘China's domestic oil production has lagged the growth in domestic oil consumption since the beginning of the 21st century,leading to a growing reliance on imports.In response,the Chinese government has introduced a number of policies,including import license constraints,to support domestic suppliers.In an effort to measure the economic impact of these policies we develop a short-run equilibrium model of China's wholesale oil and gas market at the provincial scale.We construct counterfactual scenarios that suggest that relaxing policies that prioritize domestic production in 2016,when the average price of Chinese oil imports was US$42 per barrel(bbl),could have increased China's import demand by 0.29 million barrels per day(MMbbl/d).This results in a substitution of 9%of China’s domestic production in 2016,and a reduction of US$2.8 billion in crude supply costs including transportation as the imported oil has more direct access to the country’s pipeline network,compared to the displaced domestic production.In addition,rising import prices since mid-2017 may provide a window of opportunity for Chinese policymakers to proceed with further deregulation of the domestic oil sector,as the short-term impact on domestic producers is reduced.
文摘Through analysis of the current situation and newly-increased production capacity-of the oil refining industry of China, this Paper discusses both the continuous expansion trend and the serious excess of production capacity of the oil refining industry of China. Due to the entry of the Chinese economy into the new normal,the accelerated substitution of old energy by new energy and rigid restrictions composed of low carbon and environmental protection requirements, the oil demand of China will continue to increase overall, but the growth will obviously slow down. At the same time, the newly-increased production capacity in Shandong and coastal region will continuously expand, the supply and demand contradiction will intensify, and the structural excess production capacity of the oil refining industry of China will be prominent. It is suggested that the government should attach great importance to the production capacity of the oil refining industry at the macro level, and deeply carry forward the supply side structural reform, and that enterprises should speed up technical innovation,enhance regional and layout optimization, adapt to market changes and adjust product structure, control oil refining but increase chemical engineering, improve product quality and production efficiency, and constantly promote the international competitiveness of the Chinese petrochemical industry.
文摘Having experienced over 30 years of rapid growth,China’s economic development is entering a new normal featured by an ever optimizing economic structure shifting from high-speed to medium-high speed growth,and from factor-driven to innovation-driven pattern.In adapting
文摘Growth rate of oil demand rose again in China in the first half of 2015. Demand for oil products went on differentiating, and the demand growth of most products sped up. Growth rate of oil production rose again, oil imports increased rapidly, and external dependence of crude oil and oil broke through 60% separately. The State adjusted the prices of gasoline and diesel timely and frequently, based on pricing mechanism. Price hike was higher than reduction. Oil market got weak, yet more stable. China increased the pace of reforms in marketization. In the second half, oil demand will increase continuously but with lower growth rate, oil production will rise more slowly, imports of crude oil and oil will keep on rising rapidly, gasoline and kerosene as well as diesel will witness a net import, and the market of gasoline, kerosene and diesel will be more stable.
基金supported by the China geological survey subproject of Dynamic Track and Evaluation of the Guarantee Degree of the Main Mineral Resources in China(No.121201103000150112,N1618-8)
文摘Bulk mineral resources of iron ores, copper ores, bauxite, lead ores, zinc ores and potassium salt play a pivotal role on the world＇s and China＇s economic development. This study analyzed and predicted their resources base and potential, development and utilization and their world＇s and China＇s supply and demand situation in the future 20 years. The supply and demand of these six bulk mineral products are generally balanced, with a slight surplus, which will guarantee the stability of the international mineral commodity market supply. The six mineral resources （especially iron ores and copper ores） are abundant and have a great potential, and their development and utilization scale will gradually increase. Till the end of 2014, the reserve- production ratio of iron, copper, bauxite, lead, zinc ores and potassium salt was 95 years, 42 years, 100 years, 17 years, 37 years and 170 years, respectively. Except lead ores, the other five types all have reserve-production ratio exceeding 20 years, indicative of a high resources guarantee degree. If the utilization of recycled metals is counted in, the supply of the world＇s six mineral products will exceed the demand in the future twenty years. In 2015-2035, the supply of iron ores, refined copper, primary aluminum, refined lead, zinc and potassium salt will exceed their demand by 0.4-0.7 billion tons （Gt）, 5.0-6.0 million tons （Mt）, 1.1-8.9 Mt, 1.0-2.0 Mt, 1.2-2.0 Mt and 4.8-5.6 Mt, respectively. It is predicted that there is no problem with the supply side of bulk mineral products such as iron ores, but local or structural shortage may occur because of geopolitics, monopoly control, resources nationalism and trade friction. Affected by China＇s compressed industrialized development model, the demand of iron ores （crude steel）, potassium salt, refined lead, refined copper, bauxite （primary aluminum） and zinc will gradually reach their peak in advance. The demand peak of iron ores （crude steel） will reach around 2015, 2016 for potassium salt, 2020 for refined lead, 2021 for bauxite （primary aluminum）, 2022 for refined copper and 2023 for zinc. China＇s demand for iron ores （crude steel）, bauxite （primary aluminum） and zinc in the future 20 years will decline among the world＇s demand, while that for refined copper, refined lead and potassium salt will slightly increase. The demand for bulk mineral products still remains high. In 2015-2035, China＇s accumulative demand for iron ores （crude steel） will be 20.313 Gt （13.429 Gt）, 0.304 Gt for refined copper, 2.466 Gt （0.616 Gt） of bauxite （primary aluminum）, 0.102 Gt of refined lead, 0.138 Gt of zinc and 0.157 Gt of potassium salt, and they account for the world＇s YOY （YOY） accumulative demand of 35.17%, 51.09%, 48.47%, 46.62%, 43.95% and 21.84%, respectively. This proportion is 49.40%, 102.52%, 87.44%, 105.65%, 93.62% and 106.49% of that in 2014, respectively. From the supply side of China＇s bulk mineral resources, it is forecasted that the accumulative supply of primary （mine） mineral products in 2015-2035 is 4.046 Gt of iron ores, 0.591 Gt of copper, 1.129 Gt of bauxite, 63.661 Mt of （mine） lead, 0.109 Gt of （mine） zinc and 0.128 Gt of potassium salt, which accounts for 8.82%, 13.92%, 26.67%, 47.09%, 33.04% and 15.56% of the world＇s predicted YOY production, respectively. With the rapid increase in the smelting capacity of iron and steel and alumina, the rate of capacity utilization for crude steel, refined copper, alumina, primary aluminum and refined lead in 2014 was 72.13%, 83.63%, 74.45%, 70.76% and 72.22%, respectively. During 2000-2014, the rate of capacity utilization for China＇s crude steel and refined copper showed a generally fluctuating decrease, which leads to an insufficient supply of primary mineral products. It is forecasted that the supply insufficiency of iron ores in 2015-2035 is 17.44 Gt, 0.245 Gt of copper in copper concentrates, 1.337 Gt of bauxite, 38.44 Mt of lead in lead concentrates and 29.19 Mt of zinc in zinc concentrates. China has gradually raised the utilization of recycled metals, which has mitigated the insufficient supply of primary metal products to some extent. It is forecasted that in 2015-2035 the accumulative utilization amount of steel scrap （iron ores） is 3.27 Gt （5.08 Gt）, 70.312 Mt of recycled copper, 0.2 Gt of recycled aluminum, 48 Mt of recycled lead and 7.7 Mt of recycled zinc. The analysis on the supply and demand situation of China＇s bulk mineral resources in 2015-2035 suggests that the supply-demand contradiction for these six types of mineral products will decrease, indicative of a generally declining external dependency. If the use of recycled metal amount is counted in, the external dependency of China＇s iron, copper, bauxite, lead, zinc and potassium salt will be 79%, 65%, 26%, 8%, 16% and 18% in 2014, respectively. It is predicted that this external dependency will decrease to 62%, 64%, 20%, -0.93%, 16% and 14% in 2020, respectively, showing an overall decreasing trend. We propose the following suggestions correspondingly. （1） The demand peak of China＇s crude steel and potassium salt will reach during 2015-2023 in succession. Mining transformation should be planned and deployed in advance to deal with the arrival of this demand peak. （2） The supply-demand contradiction of China＇s bulk mineral resources will mitigate in the future 20 years, and the external dependency will decrease accordingly. It is suggested to adjust the mineral resources management policies according to different minerals and regions, and regulate the exploration and development activities. （3） China should further establish and improve the forced mechanism of resolving the smelting overcapacity of steel, refined copper, primary aluminum, lead and zinc to really achieve the goal of ＂reducing excess production capacity＂. （4） In accordance with the national strategic deployment of ＂One Belt One Road＂, China should encourage the excess capacity of steel, copper, alumina and primary aluminum enterprises to transfer to those countries or areas with abundant resources, high energy matching degree and relatively excellent infrastructure. Based on the national conditions, mining condition and geopolitics of the resources countries, we will gradually build steel, copper, aluminum and lead-zinc smelting bases, and potash processing and production bases, which will promote the excess capacity to transfer to the overseas orderly. （5） It is proposed to strengthen the planning and management of renewable resources recycling and to construct industrial base of renewable metal recycling. （6） China should promote the comprehensive development and utilization of paragenetic and associated mineral species to further improve the comprehensive utilization of bulk mineral resources.
基金partially supported by the National Natural Science Foundation of China (51874325)the Science Foundation of China University of PetroleumBeijing (2462021BJRC009)。
文摘This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance between supply and demand, and optimize the logistics scheme. The model takes minimum logistics cost and resource adjustment cost as the objective function, and takes supply and demand capacity, transportation capacity, mass balance, and resource adjustment rules as constraints.Three adjustment rules are considered in the model, including resource adjustment within oil suppliers,within oil consumers, and between oil consumers. The model is tested on a large-scale primary logistics of a state-owned petroleum enterprise, involving 37 affiliated refineries, 31 procurement departments,286 market depots and dedicated consumers. After the unified optimization, the supply and demand imbalance is eased by 97% and the total cost is saved by 7%, which proves the effectiveness and applicability of the proposed model.
基金Under the auspices of the key project!KZ951-Al-203 of CAS National Natural Science Foundation of China!49971020
文摘A water supply model and a water demand model are developed to exercise resources budgets of the North China Plain with a planning horizon of the year 2030. The budgets indicate that the North China Plain would face serious water stress from 1993 to 2000, and water resources available in the region can not meet the needs of the socioeconomic development and environment from 2000 to 2030. The south/north Water transfer project is the only option to solve the emerging water crisis.
文摘This paper makes predictions for China’s grain production and its associated supply and demand situation up to 2030 by using input-occupancy-output techniques and systems science methodology. It argues that, taking into account its basic situation and world grain resources, China has no other choice but to count on self-sufficiency in terms of grain supply.
基金We thank National Key R&D Program of China(2016YFA0602601),National Natural Science Foundation of China(71573062),China Energy Modeling Forum(CEMF),for support of the study.
文摘A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development target China Dream.Results showed that 1)toward the 2050 China Dream target,total final energy consumption is expected to peak at 3.9 Gtce in 2030 and remain stable until 2050,whereas total primary energy consumption is expected to reach an upper platform by 2040 and around 5.8 Gtce by 2050;2)the proportion of non-fossil fuels is expected to reach approximately 50%and that of natural gas to reach more than 16%by 2050;3)CO2 emissions from energy use are expected to peak at 9.6 Gt by no later than 2030 and then gradually decline to 6.7 Gt by 2050.
基金Scientific Research and Technology Development Project(2021DJ3205)。
文摘By analyzing the distribution of global oil and gas fields and the reasons why some oil and gas fields are not in production, the distribution characteristics of oil and gas remaining recoverable reserves and their year-on-year changes, the distribution characteristics of oil and gas production and their year-on-year changes, and the development potential of oil and gas to be tapped in 2021, this paper sorts out systematically the current status and characteristics of global oil and gas development, summaries the major trends of global oil and gas development, puts forward enlightenment for international oil and gas cooperation. In 2021, oil and gas fields were widely distributed, the number of non-producing oil and gas fields was large;the whole oil and gas remaining recoverable reserves declined slightly, unconventional oil and gas remaining recoverable reserves dropped significantly;the overall oil and gas production continuously increased, the outputs of key resource-host countries kept year-on-year growth;undeveloped oilfields had abundant reserves and great development potential. Combined with global oil and gas geopolitics, oil and gas industry development trends, oil and gas investment intensity, and the tracking and judgment of hotspot fields, the major trends of global oil and gas development in 2021 are summarized. On this basis, the four aspects of enlightenment and suggestions for international oil and gas cooperation and development strategies are put forward: attach great importance to the obligation of marine abandonment to ensure high-quality and long-term benefit development of offshore oil and gas;adhere to the principle of not going to dangerous and chaotic places, strengthen the concentration of oil and gas assets, and establish multi stable supply bases;based on the multi-scenario demand of natural gas, realize the transformation from integrated collaboration to full oil and gas industry chain development;increase the acquisition of high-quality large-scale assets, and pay attention to the continuous optimization of the shareholding ratio of projects at different stages.
基金This work is supported by the National Natural Science Foundation of PRC(71971098).
文摘The link between crude oil price and stock returns of the Group of Seven(G7)countries(Canada,France,Germany,Italy,Japan,the United Kingdom,and the United States)was analyzed in this study using monthly data from January 1999 to March 2020.We adopt a similar approach to Kilian(Am Econ Rev 99(3):1053–1069,2009)and construct a structural vector autoregression framework to decompose crude oil price shocks into oil supply shock,oil aggregate demand shock,and oil-specific demand shock.We then explore the distinct effects of different kinds of oil price shocks from various sources.Based on the decomposed oil price shocks,we apply the connectedness approach and QQ regression to find time-varying co-movements and tail dependence between oil price shocks and G7 stock returns.There is no general correlation between the decomposed oil prices and stock returns in these countries.The effects of oil price shocks on stock returns across different stock market conditions appear to be heterogeneous.Oil supply shock appears to be a net transmitter of spillover effects for all G7 countries within the sample period.
基金Supported by Youth Program of National Social Science Foundation of China(22CMZ015)。
文摘Rape is the third largest oil crop in the world and the first one in China.The national average rapeseed yield is only 2077.5 kg/hm^(2),and the rapeseed oil yield is 894 kg/hm^(2).This paper introduced the main types,germplasm resources,breeding bases and breeding progress of Chinese rape,and studied its high-quality varieties,breeding patents and new varieties of agricultural plants.We analyzed the main problems such as serious loss of germplasm resources in Brassica campestris L.and Brassica juncea(L.)Czern.et Coss and weak"agricultural chip"in rape field,and put forward strategies such as strengthening the protection of rape germplasm resources,encouraging the development of"agricultural chip"in rape industry clusters with national advantages and characteristics,and strengthening the protection of agricultural intellectual property rights.
文摘China's macro economy has remained in a good and stable condition overall,experiencing an annual GDP growth of over 10% for several consecutive years.Under this basic condition, the main focus of the Outlook was China's current grain and oil supply,and the demand market with its probable future prices.
基金Under the auspices of National Social Science Fund of China(No.20AZD040)the Program B for Outstanding PhD Candidate of Nanjing University(No.202002B103)。
文摘Based on the connotation of urban resilience and the main contradictions of China's urbanization,urban resilience is placed within the main daily activities contradictory scene of the urban man-land system to build a theoretical framework of urban activity resilience.Relying on geographic big data,this study identifies the spatial characteristics of activity resilience,reveals the impact of activity environment on activity resilience in Nanjing,and proposes countermeasures.The main conclusions are as follows.1)Activity resilience presents a composite spatial structure of circles and clusters,and most areas are resilient but at a low level.2)There are significantly positive and negative global autocorrelation between activity resilience and activity scale,and activity stability.Simultaneously,there also exists a local spatial autocorrelation with the opposite positive and negative trends.3)Activity environment has a significant effect on activity resilience,and the degree and direction of influence among different dimensions and regions are heterogeneous.4)For activity resilience,it is necessary to increase the matching degree between the scale and stability of activities,and reduce the excessive concentration and flow of activities.For the activity environment,it is necessary to improve the accessibility of the ecological environment,strengthen the high-quality supply of the infrastructure environment,optimize the balance of the location environment,and promote the inclusiveness of the social environment.
文摘In recent ten years, the rapid development of China high-speed railway is called "China miracle", and it not only provides great convenience for people's daily life trip, but also greatly promotes the economic development. However, the annual spring transportation in the special period is still a great challenge to high-speed railway transportation, and this paper analyzes the high-speed railway ticket for spring transportation from the perspective of microeconomics, and then thinks for the solution. This paper specifically analyzes the problem that demand exceeds supply for high-speed railway ticket by using the theories of the demand elasticity of supply and demand and the influence of price on supply and demand, monopoly markets. In addition, opportunity cost, incomplete information and other economic principles are used to think about the theoretical reasons for the difficulty of buying tickets during the spring transportation. I have given my understanding for the two problems owned by China spring transportation, and the corresponding countermeasures and suggestions. For example, speed up the development of substitutes and carry out the mechanism of price fluctuation;In the ticket refunding mechanism, this paper boldly conceives the method to relieve the pressure through a reasonable and scientific ticket refunding mechanism. Finally, this paper starts from the source and find the key point to solve the problem of spring transportation in China by breaking the urban-rural dual structure. Hereafter the final conclusion was drawn: Although there are some problems to cope with the spring transport for the current China high-speed railway, it is believed that in the near future, the difficulty of buying a ticket in spring transportation will no longer hinder the homecoming of wanderers.
