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  3. When authentic figures on the Chinese and world oil markets in 2005 finally

When authentic figures on the Chinese and world oil markets in 2005 finally

游客2023-09-11  44
问题     When authentic figures on the Chinese and world oil markets in 2005 finally became available, the truth about the so-called "Chinese factor" in the soaring international oil price was also disclosed—it has been seriously overplayed. The average WTI price in 2005 soared by 36.8 percent year on year to a record high of 56.7 U.S. dollars per barrel, while both the domestic oil consumption and oil import of China fell in the year.
    "If the international oil price had been driven up by the increase of China’s oil demand, as some western analysts believed, the global oil price should have dropped in 2005 as China’s oil consumption and import both decreased," said Niu Li, an analyst with China’s State Information Center. However, instead of going down, the international oil price showed a stronger soaring trend in 2005, reporting a growth that was even higher than the 2003 and 2004 level, Niu noted.  "Obviously, the so-called ’Chinese factor’ is not the main driving force behind the soaring global oil price," Niu added. According to BP Statistical Review of World Energy 2005, even in 2004, when China witnessed the fastest growth of its oil consumption in recent years, this country with more than 1.3 billion people just consumed 310 million tons of oil, or some 8 percent of the world’s total consumption. Meanwhile, the United States consumed 938 million tons of oil that year, 25 percent of the global total and three times of China’s consumption. Also according to the BP statistics, the net oil import of China in 2004 was less than 149 million tons, or some 6 percent of the world’s oil trade volume that year. The net oil import of the United States in the same year was 590 million tons, four times of China’s. In terms of per capita oil consumption, the level in the United States and Japan is 14 times and 3.8 times, respectively, of the Chinese level.
    Nevertheless, the Chinese government is increasingly alarmed at the country’s soaring energy demand, which has come along with more than two decades of sustained, rapid economic growth, and is taking steps to curb oil consumption and raise energy use efficiency.
    In the proposed Eleventh Five-Year Development Program, which will guide the country’s economic and social development in the coming five years once adopted by the national legislature in March, China sets the goal of cutting its per GDP energy consumption by 20 percent by 2010 as against the 2005 year end level. [br] According to the passage, how shall we look at the "Chinese factor" as a driving force?
选项
答案 Its function is seriously exaggerated.
解析 ．．the truth about the so-called‘Chinese factor ’in the soaring international oil price was also disclosed-it has been seriously overplayed”中，overplay表示“夸大……的重要性”。这从全文意思也能看出。
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