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National Interests: Priorities and Security
 

The main trends in the development of China's fuel and energy complex: Prospects for Russian-Chinese energy cooperation

Vol. 19, Iss. 9, SEPTEMBER 2023

Received: 4 May 2023

Received in revised form: 6 July 2023

Accepted: 10 August 2023

Available online: 18 September 2023

Subject Heading: Priorities of Russia

JEL Classification: F5, F50

Pages: 1604–1619

https://doi.org/10.24891/ni.19.9.1604

Vladimir V. VELIKOROSSOV Plekhanov Russian University of Economics (PRUE), Moscow, Russian Federation
Velikorossov.VV@rea.ru

https://orcid.org/0000-0001-5845-4820

Nikolai N. SHVETS Moscow State Institute of International Relations (University) of Ministry of Foreign Affairs of Russian Federation (MGIMO University), Moscow, Russian Federation
electro@inno.mgimo.ru

https://orcid.org/0000-0002-3914-922X

Andrei L. POLTARYKHIN Plekhanov Russian University of Economics (PRUE), Moscow, Russian Federation
poltarykhin.al@rea.ru

https://orcid.org/0000-0003-2272-2007

Aleksandr K. ZAKHAROV Plekhanov Russian University of Economics (PRUE), Moscow, Russian Federation
Zakharov.AK@rea.ru

https://orcid.org/0009-0004-7200-4294

Subject. This article discusses the issues of environmental safety and strengthening Russia's economic position in Asia.
Objectives. The article aims to identify promising areas of cooperation between Russia and China in the energy sector.
Methods. For the study, we used the methods of statistical analysis, induction and deduction.
Results. Based on the analysis of the problems of the Chinese energy industry in the current conditions, as well as plans for the medium and long-term development of the fuel and energy complex of China, the article finds that at present, the gas industry determines the nature of cooperation between Russia and China in the energy sector to the greatest extent.
Conclusions. In the coming decades, renewable energy sources will become one of the main factors in the development of the economy.

Keywords: electric power industry, strategic development, sanctions, investments, efficiency, economic development, renewable energy resources, RES, innovations, coal

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