China has grown rapidly for more than three decades by following a strategy of high investment, strong export orientation and energy-intensive manufacturing. While China became the world’s second largest economy with the largest number of rapidly expanding mega cities and the key engine for global growth, it also heightened problems of structural inequalities, intensified congestion, water stress, air pollution and CO2 emissions.
China now has entered a new phase of economic development – ‘Xin chang tai’ (Chinese New Normal) to focus on restructuring for more qualitative growth through reform and openness and through striving for more balance between very different economic realities in the East, West and Middle China. Questions What will China’s energy landscape in 2060 look like? Is there a change or a refocus of China’s energy ambitions? What are the key drivers and critical uncertainties to determine China’s future energy mix?
