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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Study on Challenges and Countermeasures of China's Energy Economy

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DOI: 10.25236/icebfm.2019.019

Author(s)

Yue Haosheng

Corresponding Author

Yue Haosheng

Abstract

With the sustained and rapid development of China's economy and society, the energy crisis and environmental pollution problems are becoming increasingly serious, and it is urgent to find the right countermeasures. Energy security is an important manifestation of national economic security. The demand for energy and the gap between supply and demand are increasing year by year. The pressure of energy supply is highlighted, and the security situation is becoming more and more serious. Energy supply in economic development has always been attached importance by the Party and the government. Since the founding of the People's Republic of China, China has made tremendous achievements in energy security, and its energy supply capacity has gradually increased. To improve the institutional arrangements for maintaining energy security, accelerate the transformation of economic development methods, and implement a diversified energy strategy, in order to ensure the national energy security of our country. Actively developing and utilizing renewable energy is an inevitable choice for realizing China's economic and social sustainable energy strategy. Based on the concept of energy economy and its role, this paper analyzes the challenges faced by China's energy economy and proposes corresponding countermeasures.

Keywords

Energy crisis, Energy economy, Diversification, Economic development