At present, the global primary energy consumption is still dominated by oil and natural gas. Grasping the background of social and economic development and the international environment is the strategic premise for the development of the petroleum and petrochemical industry, and is also the basis for correctly judging the trend and direction of the world and China’s petroleum and petrochemical industry.
Before China joined the WTO, the key core technologies of high-end oil equipment manufacturing were in the hands of Western companies. my country lacked the independent research and development and production capabilities of large-scale complete sets of high-end oil equipment, and most oil equipment manufacturing companies were engaged in low-end product production. After joining the WTO in 2001, in accordance with the strategic policy of China Petroleum’s “going out”, China’s oil equipment manufacturing industry has achieved rapid improvement in capabilities and levels from Asia and Africa to Europe and the United States, from land to sea, from low-end to top, from parts to complete sets of equipment, from single equipment exports to supply solutions, and has established the brand image of “China Petroleum Equipment” in the world. With the development in recent years, China’s oil manufacturing industry has gradually gained a firm foothold in the world.
With the acceleration of economic globalization, the international industrial division of labor between developed and developing countries has also shown a deepening trend. Emerging market countries represented by China have rapidly seized the global market by relying on low labor costs, good technical levels, supporting production advantages and high product cost performance, and their international market share has continued to increase. At present, China is a global manufacturing power in terms of production capacity for oil and gas drilling and production equipment. Some excellent private enterprises are developing rapidly with good processes and technical levels. Through some effective publicity methods, such as participating in world-renowned industry exhibitions and actively participating in international competition and exchanges, they have gradually gained the initiative in competition and laid a solid foundation for subsequent development.