This study investigates the dynamic relationship between oil price shocks，economic policy uncertainty and China’s macro-economy using a Structural VAR framework over the period January 1995-December 2018. To generate more informative disclosures，we further distinguish between three different types of oil price shocks，i.e.，supply-side shocks and oil specific demand shocks depending on the virtue of their origin. The results reveal that unanticipated positive aggregate demand shocks trigger an addition in economic policy uncertainty. In addition，both aggregate and oil specific demand shocks of oil prices have a positive impact on economic growth，while oil specific demand shocks have a positive impact on inflation. Finally，a surprise increase in policy uncertainty would cause a neqative impact on real economy.