Issue |
SHS Web Conf.
Volume 181, 2024
2023 International Conference on Digital Economy and Business Administration (ICDEBA 2023)
|
|
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Article Number | 03002 | |
Number of page(s) | 7 | |
Section | Supply Chain Management and Logistics | |
DOI | https://doi.org/10.1051/shsconf/202418103002 | |
Published online | 17 January 2024 |
Study on China’s Position on Its Strategic Location, Planning, and Future Outline
Faculty of Liberal Arts and Professional Studies, York University, Keele Street 4700, Toronto, Ontario, Canada
* Corresponding author: aizerun@my.york.ca
This comprehensive analysis highlights the potential of China, the world’s largest energy producer. The research paper provides direction to China in the energy sector. Although currently relying on coal for power generation, in the long term, the country will become the largest exporter of electricity. The transition to sustainable energy production is critical, considering global commitments to reduce greenhouse gas emissions under the Paris Agreement. China’s ability to shift to clean energy is strengthened by its vast labor force, financial strength, and the Chinese government’s commitment to national rejuvenation. By establishing an “Electro-Yuan” system for trading electricity, China could challenge the global dominance of the US dollar. The One Belt, One Road (OBOR) initiative further facilitates a clean electricity trade network with strategic partners worldwide. However, a successful transition hinges on shifting from coal to renewable energy sources, enhancing existing grid infrastructure for cross-border transmission, and effectively implementing the Electro-Yuan system.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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