The Belt and Road Energy Cooperation

Jinping Zhao ()
Additional contact information
Jinping Zhao: Development Research Center of the State Council of the People’s Republic of China

Chapter Chapter 7 in Reshaping the Economic Cooperation Pattern of the Belt and Road Initiative, 2021, pp 151-169 from Springer

Abstract: Abstract Energy cooperation is the “highlight and pioneer” of the Belt and Road Initiative. The term “highlight” means that the Belt and Road region still remains the core supplier of global energy even if shale gas revolution takes place in the US. As the main channel of energy carriage as well as major source of China’s energy, the Belt and Road region is vital to China’s energy safety. The success of the Belt and Road Initiative will greatly promote China’s energy safety. As to “pioneer”, it means that using the great domestic market, China can cooperate with countries along the Belt and Road to jointly facilitate resource exploitation, exporting and liquidity in the local markets, so as to boost regional economic growth. Besides, countries along the Belt and Road can also benefit from China’s industrial transfer as Chinese energy industry has accumulated abundant technology, experience, resources and capacity. In this way, their weak infrastructure can be greatly improved. Therefore, energy cooperation is of high importance to the implementation of Belt and Road Initiative. So far, great progress has been made in trade, investment and the cooperation with relative industries, which, however, still fails to reach the best potential. To achieve actual effects, it is necessary to figure out the research procedures on the energy cooperation of the Belt and Road Initiative, form clear strategies and plans and then take key measures.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-7631-7_7

Ordering information: This item can be ordered from
http://www.springer.com/9789811576317

DOI: 10.1007/978-981-15-7631-7_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().