Chinese Economy 2

The world today is witnessing an unprecedented level of globalization with a high degree of "interdependence" among the nations, especially when it comes to the production, supply and consumption of oil and gas. The giant Asian economies like China and India are highly dependent on foreign regions such as North America and Middle East for their ever-growing demand for oil. China's "sensitivity" to energy security issues is high, but China has the ability and channels to cope with the extreme situations of supply shortages or even "supply interruptions". Moreover, although China's energy demand and supply system is not "fragile", it is still highly "sensitive".



In 2017, China's crude oil consumption was nearly 600 million tons and imports exceeded 400 million tons. The dependence on crude oil on foreign countries was close to 70%; natural gas consumption was nearly 240 billion cubic meters, imports were more than 90 billion cubic meters, and natural gas dependence on foreign countries exceeded 40%. Increasing external dependence, deteriorating geopolitics, and the huge pressure of national foreign exchange reserves have led China's energy sector and government officials to address the issue of "energy security" as a key strategic issue again. Is the problem really that serious? What kind of information about China's energy security situation do we need to communicate to the world?

The current book volume, China's Energy Security, is a Chinese reading practice book. It would introduce you to the numerous important features China's energy security endeavors, including China's energy demands, oil and natural gas, coal, nuclear and solar energy, etc.).



The book has 13 chapters in the following order:

Chapter 1: Globalization of the Oil Market (第一章：石油市场全球化)

Chapter 2: US and Global Energy Market (第二章：美国与全球能源市场)

Chapter 3: International Energy Security (第三章：国际能源安全问题)

Chapter 4: China's Energy Security Challenges (第四章：中国的能源安全挑战)

Chapter 5: China's Energy Demand (第五章：中国的能源需求 )

Chapter 6: China's Energy Imports (第六章：中国的能源进口)

Chapter 7: China's Measures for Energy Security (第七章：中国为能源安全采取的措施)

Chapter 8: China's Oil Consumption (第八章：中国的石油消耗)

Chapter 9: China's Nuclear Energy (第九章：中国的核能)

Chapter 10: Wind Energy (第十章：风能)

Chapter 11: Solar Energy (第十一章：太阳能)

Chapter 12: Natural Gas (第十二章：天然气)

Chapter 13: Coal Power (第十三章：煤电)



The 2nd volume in the Introduction to Chinese Economy Series (中国经济百科全知道) includes both the Chinese text (simplified characters) and pinyin Romanization. With about over 1200 unique Chinese characters, the volume would be suitable for the beginners, lower intermediate and advanced level Chinese language learners (HSK 1-6). Overall, the reading series offers you a variety of elementary level books (Level 1/2/3/4/5/6) to understand China as well as practice Chinese reading fast.