How will China meet its ambitious goals of delivering economic growth as well as environmental sustainability?
China’s economic growth is slowing due to domestic efforts to curb financial risk and the escalating trade war with the US. Still, energy demand continues to rise and according to China’s largest state-owned oil and gas company, it is unlikely to peak before the mid-2030s. Even if the country’s economic growth moderates over that period, the imperative for Beijing remains to industrialise and urbanise, while also delivering blue skies to its population. How will China meet its ambitious goals of delivering economic growth as well as environmental sustainability? How big of a role will natural gas play in China’s energy transition? How does it view the role of coal and renewables in its energy mix? Has the outlook for energy demand and import dependence changed following the US-China trade war? In this Podcast, David Ledesma and Director of the OIES China Energy Research Programme, Dr Michal Meidan, discuss some of the key trends and challenges China faces.