China is the world’s largest oil importing country, and over the last two decades has accounted for roughly half of global oil demand growth. Within that, between 2005-2015, gasoline contributed one-third of China’s product demand growth, effectively displacing diesel as the biggest driver of domestic product demand. The country’s strong economic growth, rising disposable incomes and surging vehicle sales, alongside an expected structural shift from reliance on industrial activity toward more consumer-led growth, suggested that the shift from diesel to gasoline would remain the dominant trend.