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23

China's Crude Oil Imports Rose 11.5 percent

From January to May, China imported 67.43 million tons of crude oil

China's net imports of crude oil rose 11.5 percent from a year earlier to 65.83 million tons in the first five months of the year, driven by the country's robust economic growth.

From January to May, China imported 67.43 million tons of crude oil, up 9.6 percent year-on-year and exported 1.6 million tons, down 36.6 percent, according to the latest statistics from the General Administration of Customs (GAC).

The country refined 133 million tons of crude oil in the first five months, up 6.5 percent year on year, as shown in figures from the National Bureau of Statistics (NBS).