China oil SOEs are entitled to import and export oil freely for their 

own needs and freely. However, crude oil imports for privately 

owned entities are subject to quota and licensing control.

Oil imports and exports for SOEs and privately-owned entities 

are regulated independently. SOEs are granted automatic import 

and export licensing by the Ministry of Commerce (MOFCOM) and 

quota control are not applicable. SOEs that have automatic import 

and export licensing include SinoChem Group, Sinopec, CNPC, 

Zhuhai Zhenrong Co., and CNOOC.

Non-state import volume is in line with China’s committed gure 

at its accession to the WTO. Starting from 2002, China began 

to issue the annual quota for crude oil import by non-stateowned enterprises. This quota is adjusted year-to-year. In 2015, 

the National Development and Reform Commission (NDRC) 

and the MOFCOM respectively issued the Notice on the Use and 

Management of Imported Crude Oil (FGYX [2015] No. 253) and 

the Notice on the Application by Crude Oil Processing Enterprises 

for the Non-State Trading Import License (SMH [2015] No. 407), to 

formalize the right to use and import crude oil by qualied local 

reneries.

According to the announcement of the Ministry of Commerce of 

China, the quota for non-state trade import of crude oil in 2023 is 

179 million metric tons. (Appendix 4)

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