In China, the import quotas of fuel oil were granted only to statetrading enterprises in the past; however, per the provisions of China’s 

Protocol of Accession to the WTO, a certain quantity of fuel oil may 

be imported by non-state trading enterprises. Specifically, qualified 

non-state-trading enterprises may import fuel oil within their permitted 

annual quota. On January 1, 2004, China lifted the fuel oil import quota 

system and replaced it with automatic import licensure. The Application 

Requirements, Allocation Principles, and Relevant Procedures for 

Permitted Quantities of Non-State Trading Import of Fuel Oil in 2020

provides that a total of 16.20 million metric tons of fuel oil may be 

imported by non-state trading enterprises in 2020, and that the five 

major state-owned importers, namely CNPC, Sinopec, CNOOC, 

Zhuhai Zhenrong Corporation, and Sinochem, will not be subject to any 

quantity caps on import.

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