Translation Tag: energy security
This report, written by a group of scholars at the Renmin University Chongyang Institute for Financial Studies led by Wang Wen, the institute’s president, takes stock of Russia’s war in Ukraine at its second anniversary. The chapters delve into geopolitical, economic, financial, and military dimensions of the war, and draw conclusions for China. They recommend Beijing strengthen technology self-reliance, enhance the security of its energy supplies, improve its diplomatic narratives, and take a more active role in global economic standards-setting.
The CCP Politburo holds “collective study sessions” on a semi-regular basis, in which an outside academic or government expert leads a discussion on a selected topic. Such sessions are important signals as to what issues the senior leadership finds important. The 12th collective study session of the 20th Central Committee Politburo was held on February 29, 2024 and was presided over by Xi Jinping. At this session, Xi delivered a speech emphasizing the need to improve China’s energy security through the development and deployment of clean energy technologies. These efforts will enable China, Xi posits, to achieve sustainable growth at home and become a leader in combating climate change globally.
This piece from the U.S. studies program at Ministry of State Security-linked think tank China Institutes for Contemporary International Relations argues that the Ukraine war heralds the end of the post-Cold War order. The article argues the United States has been the biggest beneficiary of the war so far, leveraging the crisis to strengthen its alliance network and fight a proxy war with Russia. The authors of the report warn countries in Asia to remain vigilant to what they describe as U.S. efforts to preserve and expand its hegemony in ways that might destabilize the region.
Feng Yujun, a senior Russia expert at Fudan University, argues that while Russia’s relations with the West have deteriorated precipitously since its invasion of Ukraine, China-Russia ties have been characterized by regular diplomatic contact, increased trade, and alignment in international organizations. Feng argues that strong and stable ties with China are increasingly critical for Russia as its international status and influence decline.
In response to economic uncertainty and instability in China brought on by the COVID-19 pandemic and the Ukraine crisis, this State Council Notice outlines several measures aimed at stabilizing the economy, including adjustments to fiscal and monetary policies, as well as directives to secure supply chains and energy supplies. Notices such as these are promulgated to all levels of government throughout the country as policy directives.
This excerpt from a lengthy news report, written in April 2022, examines the global energy market amid the Russia-Ukraine war and takeaways for China. The author suggests that “although the Russia-Ukraine conflict is far from Asia, the global energy market is unitary in nature.” He argues that high oil prices are a “further warning of the importance of diversifying energy supplies for energy security.”
This article, published by a Sinopec-affiliated journal, a Party official calls for China to promote a “Petro-RMB” and the construction of a “new order of global energy governance.”
A senior economist from the state-owned Sinochem conglomerate argues that in face of what he sees as an increasingly unstable geopolitical situation, China should increase its investments in renewable energy.
The National Energy Administration calls for strengthening energy reserves and preparing China’s energy sector to transition to more non-fossil energy sources. These Opinions are disseminated to all relevant provincial-level agencies to guide and help implement energy policies throughout the year.
In this article appearing in the state-backed The Paper (澎湃), several experts offer opinions on how the recently announced “Opinions on Accelerating the Construction of a National Unified Market” will impact energy supply and costs.