Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 56 , 01 December 2023
Open
Access | Article
Research on the Influencing Factors of Chinese Gasoline Price Fluctuation During the COVID-19 Epidemic
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Abstract
Gasoline is an important energy source in China, and the stability of its price lays the foundation for the country’s transportation and industrial development. Therefore, fluctuations in gasoline prices are directly related to the normal operation of the country’s transportation system and industrial production. Since 2020, during the COVID-19 outbreak, China’s gasoline prices have experienced huge abnormal fluctuations, which have affected the national economy. The purpose of this article is to study what factors have affected gasoline price fluctuations in China during the COVID-19 pandemic and how to solve the problem of excessive fluctuations. This article analyzes the fluctuation characteristics of gasoline prices in China from 2019 to 2023 and lists four factors that affected gasoline price fluctuations through qualitative research. For unexpected fluctuations like this, this article proposes two feasible suggestions, including formulating a stronger environmental protection policy and strengthening international cooperation based on oil exports to stabilize the price of gasoline.
Keywords
gasoline, COVID, price fluctuations, influencing factors
References
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3. Albulescu, Claudiu. “Coronavirus and oil price crash.” SSRN Electronic Journal, 2020, https://doi.org/10.2139/ssrn.3553452.
4. Wu Lei China (2020) “Analysis of the Oil Crisis and Its Impact Under COVID”, 10.19422/j.cnki.ddsj.2020.06.003
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-159-9
- ISBN (Online)
- 978-1-83558-160-5
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/56/20231052
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited