Study On The Influencing Factors Of Kazakhstan's Oil Export To China

As one of the energy pillars of the Kazakh state,oil has always played an important role in foreign trade and foreign exchange revenue.In the overall structure of Kazakhstan's foreign trade,oil is an export product with certain advantages as a trade surplus.Since the implementation of th e new stage of China's policy of opening up to the outside world,the demand for natural energy based on oil has also been increasing.Although domestic oil production is also high,the phenomenon of shortage of supply makes China's oil energy only dependent on imports.Kazakhstan is adjacent to China's Xinjiang and transportation through land pipelines and other means can save many costs.Under the joint role of domestic and foreign conditions,Oil trade between the two countries has become increasingly frequent.Global demand for petroleum energy has increased,and oil production as a whole has not fluctuated much.The Asia-Pacific region is an important customer of Kazakhstan's oil trade.However,due to its development policy and geographical advantages,China has a closer relationship with Kazakhstan's oil trade.China's international status and economic strength have gradually increased.Maintaining stable and sustained oil trade relations with China is an important way for Kazakhstan to develop.This paper studies the factors affecting Kazakhstan's oil export to China including the following aspects.Firstly,this paper summarizes the relevant conceptual basis of the oil trade between China and Kazakhstan,and,by combining these theories with the actual situation of trade between China and Kazakhstan,finds the concordant points of theory and practice,which provides a solid basis for this article to enrich in theory.Secondly,we have carried out more detailed statistics and analysis from China and Kaz akhstan on oil reserves and imports and exports,so better analyze the influencing factors in the course of the oil trade between China and Kazakhstan.Then,through the gradual regression analysis method,a series of synchronous data on the interaction of independent variables and dependent variables was collected,and the corresponding statistical data assumptions were used in the use of the succession correspondence matrix and the test.It was found that the most important factor affecting Kazakhstan's oil export volume to China was Kazakhstan's oil production.The Kazakh tenge exchange rate.Finally,this paper puts forward the countermeasures to promote the oil trade between China and Kazakhstan.