Research on China’s Energy External Dependence and Energy Strategy

Abstract

After the reform and opening up, with the rapid development of economy and science and technology, high-tech products such as high-speed railway, train, aircraft, missile and rocket appear in response to the times. As people’s living standards develop, they have a high consumption demand towards energy. For example, coal gas and natural gas take the place of firewood, and various new energy such as wind energy, tidal energy and solar energy emerge. China is now seeing a rapid industrialization. Although the amount of China’s energy is large, the rigid demand of energy remains tense in supply and demand. Relatively speaking, China has a high energy external dependence, thus a series of measures were launched such as greatly advocating the implementation of new energy and reducing the exploitation quantity of coal properly. This paper will analyze the import and export data of various kinds of energy from 2015 to 2019 and calculate the external dependence level in 2019. After analyzing the current situation in China and consulting the national policies and information, the author will put forward suggestions on the current situation of China’s energy.