China’s National Bureau of Statistics reports that in 2022, China
produced 205 million metric tons of crude oil, an increase of 3%
year-on-year. Net import reached 508 million metric tons, a yearon-year decrease of 0.97%. The apparent oil consumption was 712
million metric tons, down 4.43%. The dependence on foreign oil
was 71.05%, 2.85 percentage points less than the year before.
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