Ma Kai, minister of the National
Development and Reform Commission, meets the press on the sidelines of the
ongoing Nagional People's Congress session in Beijing March 6, 2007.
China poses no threat to world energy security as the country's consumption
and import are low, said Ma Kai, the minister of National Development and Reform
China's per capita oil consumption in 2005 is 242 kilograms, compared with
the world average of 590 kilograms, over 3 tons in the US and 1.9 tons in Japan,
noted Ma on the sidelines of the National People's Congress session.
capita oil import, the figure in China is 100 kilograms, 400 for the world
average, 2.1 tons for the US and roughly 2 tons for Japan, added the minister.
"So I can't imagine why some people are saying that we, with a low
consumption and import, pose a threat to global energy security, instead of
those countries with high consumption and import, " said Ma. "It is unfair."
The minister went on to describe China as an active factor to maintain global
energy security. "As a developing country, China, on its own, solved the problem
of providing energy for 22 per cent of the world's population," said Ma. "This
is a tremendous contribution to world energy security."
"In a word, China did not, does not and will not pose threat to the global
energy security, "noted Ma.
Ma China has been making active efforts to establish oil reserves to ensure
national energy and economy safety.
In line with international practice,
petroleum will be stored at oil bases by both government and enterprise. "The
two sectors of the oil reserve system are well underway," said Ma, noting that
it takes time to make the reserves perfect.
Wei Liucheng, Communist
Party chief of China's southernmost province of Hainan, said Tuesday the
province is actively seeking to establish an oil reserve base.
declined to give more details, Wei said the provincial government is negotiating
with international petroleum syndicates on the issue and "Hainan boasts
distinctive advantages for building both national strategic oil reserve base and
commercial oil reserve base."
He pointed out that the tropical island is
located near the main international sea routes for oil shipping, and that a
300,000- ton crude oil wharf is already in operation in the Yangpu Economic
Development Zone on the island.
On China's economic growth rate, Ma told
the country to shun off a blind pursuit of GDP growth, calling for an
improvement of the quality of the economic development.
The lowering of this year's GDP growth target to 8 per cent aimed to
encourage the country to focus on transforming the growth mode, adjusting
structures and improving the quality of economic development, said Ma.
China's GDP registered a 10.7 per cent last year, the fourth year in a row
that saw a double-digit growth. While believing the speed is normal, the
minister expressed his worries as "the price paid for the economic development
is too high".
The minister explained why Premier Wen Jiabao failed to mention this year's
target in energy conservation and pollution reduction which are determined by
various factors. Some measures may produce visible outcomes within the year
while others may take effect years later, noted the minister.
But the central government's determination has not changed, said Ma, adding
that the government's efforts and achievement in this field could be judged
in a five-year perspective.
The minister rejected the suggestion that China triggered the recent global
stock market rout, echoing an earlier statement by Shang Fulin, chairman of the
China Securities Regulatory Commission.
"China's stock market is relatively small in scale and the full
convertibility of renminbi, the Chinese yuan, under capital accounts have not
been carried out, " said Ma.
"As a result, the Chinese equity market will not have great influences on the
global market. "