Summary China and Energy
As the biggest energy consumer and the leading greenhouse gas emitter in the world today, China faces a challenge: drive further economic growth to improve the living standards of its 1,380 million inhabitants and meet their needs, while also cutting coal pollution and containing greenhouse gas emissions. The difficulty for China is to wean itself off coal, which will undoubtedly continue to dominate its energy mix for another two or three decades yet. At the heart of its strategy is increased use of renewable energies, natural gas and nuclear power and greater energy efficiency. Boasting huge investment capacity and buoyed by the power of its new solar photovoltaic, wind, hydro and nuclear industries, China is an increasingly competitive player on the global markets. With the “new silk roads” initiative, under which the Chinese government aims to make massive investments in trade and transportation infrastructure around the world, China wields growing influence in Africa, Asia and Latin America.