156+9095+066 first of all, can the introduction of domestic crude oil futures improve China's position in the international oil market? The impact of pricing. China is a big oil consumer in the world. According to IEA's energy statistics, China's oil consumption in 2000 was 224 million tons, accounting for 6.2% of the world. However, in recent ten years, with the rapid economic growth in China, the oil consumption has rapidly increased to 498 million tons in 20 13 years, accounting for 1 1% of the global total. At the same time, according to the data of the National Bureau of Statistics, crude oil imports increased from 700 million tons in 2000 to 280 million tons in 20 13, making it the largest crude oil importer in the world, and its dependence on foreign countries rose rapidly to 58. 1%, which posed a great challenge to China's energy security. At present, China is still in the period of urbanization and industrialization. A large number of infrastructure construction, the improvement of residents' living standards and the continuous expansion of industrial sectors will make China's demand for oil increase rigidly. BP Company also mentioned in "BP2030 World Energy Outlook" published on 20 1 1 that China will continue to be the biggest driving force of global oil consumption growth.

Although China is a big oil consumer in the world, crude oil imports account for a large proportion in the world increment. However, due to the long-term lack of domestic crude oil futures market, China's influence in international oil prices is very low, which is not conducive to the "price security" of China oil. However, the sharp fluctuation of international oil prices will have a great impact on the domestic economy, related industries and social stability. Therefore, if the crude oil futures market can be successfully launched, it will be beneficial to China's oil security and sustainable development.