Insight
APAC Energy Buzz: Dual circulation and China’s push for energy security
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Report summary
China's 'dual circulation' strategy is gaining momentum, with an increasing focus on domestic consumption to drive growth rather than exports. The pandemic, trade disputes and supply chain risks have all been factors. This shift in policy towards supporting domestic consumption isn't new. But what has changed is the enthusiasm the country's leaders are now showing to ensure China is less reliant on the outside world in the future.
Table of contents
- Differing roles for ‘domestic’ and ‘international’ circulation
- Now for the hard part
- The strategic focus on security
- Implications for the energy sector
- Investment in technology will transform supply chains and support decarbonisation
Tables and charts
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- Consumption playing a more important role in China’s economic growth
What's included
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