China’s energy strategy in the ‘New Normal’ economy
China’s energy strategy is entering a transition phase caught up in President Xi Jinping’s ‘New Normal’. The coming years will see China pull back from its world-wide hunt for energy as the government emphasises consumer consumption over polluting industry – already suffering from overcapacity. A new Action Plan focuses on domestic energy production, control of energy use, and a series of policies aimed at limiting carbon emissions as part of an aggressive environmental agenda, writes GIS guest expert Yuge Ma.
'NEW NORMAL’ is the tone set by Beijing for the future of the Chinese economy. And the ramifications for the nation’s energy sector are huge.
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.