Expert forecast: China's oil dependence on foreign economy will reach 75% after 20 years

In 2030, China's foreign oil dependence will reach 75%. Experts predict that China’s energy security will face four major risks.

From November 1st to 3rd, the 12th China Association for Science and Technology Annual Conference was held in Fujian. Wang Anjian, a researcher at the Institute of Mineral Resources of the Chinese Academy of Geological Sciences made a report on the “Global Energy Pattern and China’s Energy Security”, and stated that the zero growth point of China’s energy consumption is expected. From 2030 to 2035, energy security will face four major risks.

Experts predict that in the next 20 years, China's energy security will continue to decrease, and the degree of foreign dependence will continue to rise. It is estimated that by 2030, China's foreign oil dependence will reach 75%, and the dependence on natural gas will be close to 40%, and coal's foreign dependence will also be close to 10%.

Other risks include: Intensified competition in energy-demanding countries; Monopoly of existing international energy resources leads to difficulties in overseas access to China's energy resources; The energy market mechanism based on developed countries leads to more uncertainties in the future international energy market. China will pay Higher energy costs and development costs.