Page 352 - 2021 White Paper
P. 352
1 White Paper on the Business Environment in China
by 13 billion cubic meters to 320 billion in 2020, Policy, 25 May 2020, foreignpolicy.com/2020/05/25/
according to the report compiled by the National china-trump-trade-supply-chain-rare-earth-minerals-
Energy Administration together with two other mining-pandemic-tensions/.
think tanks. Both reserves and output growth hit
a record high in 2019, with investment in oil and Hume, Neil. “China Turns to Steel to Galvanise Post-
gas exploration reaching 335.5 billion RMB (about Covid Economy.” Subscribe to Read | Financial Times,
US$49.6 billion), up 25.7% year on year. During the Financial Times, 10 June 2020, www.ft.com/content/
same period, natural gas imports rose 6.9% to 135.2 aec6b668-4452-4f27-a42d-ec0e83059cc9.
billion cubic meters with more diversified import
sources, said the report. Since 2019, China has Kallanish. “China's Gas Production Grows 12.7%
been pushing forward market-oriented reform of in May.” Kallanish Energy News, 23 June 2020,
the natural gas market, including opening up of the www.kallanishenergy.com/2020/06/23/chinas-gas-
oil and gas exploration and development market production-grows-12-7-in-may/.
in an orderly manner, promoting the building of
a unified national network, and giving full play Lee, Amanda. “Coronavirus Supply Chain
to the positive role of natural gas in air pollution Disruptions Easing for Companies in South China.”
prevention and control. According to a three-year South China Morning Post, 22 Sept. 2020, www.scmp.
action plan on air pollution control released in com/economy/china-economy/article/3102366/
2018, China will boost the share of natural gas in its coronavirus-supply-chain-disruptions-easing-
total primary energy consumption to 10% by 2020 companies-south.
(Xinhua, China Expects).
Ouyang, Shijia, and Nan Zhong. “Surveys Key to
Works Cited Improve Rare-Earth Exploitation.” Chinadaily.com.cn,
13 June 2019, www.chinadaily.com.cn/a/201906/13/
Argus Blog. “China Sets Higher Crude Production WS5d018521a310176577230d6d.html.
Target for 2020.” Commodity & Energy Price
Benchmarks, 24 June 2020, www.argusmedia.com/en/ Paraskova, Tsvetana. “China's Oil Import
news/2117239-china-sets-higher-crude-production- Dependence Grows To 73.4% In H1 2020.” OilPrice.
target-for-2020. com, 3 Aug. 2020, oilprice.com/Latest-Energy-News/
World-News/Chinas-Oil-Import-Dependence-Grows-
Cammarata, Sarah. “The Pentagon Wants to End Its To-734-In-H1-2020.html.
Reliance on China for Rare Earth Minerals. But Can It
Be Done?” POLITICO, 3 Aug. 2020, www.politico.com/ Researchg and Markets. “Global Price Index for
news/2020/08/03/pentagon-rare-earth-minerals- Industrial Raw Materials: Revised Forecasts Due to
china-390939. COVID-19 Impact.” PR Newswire, 7 May 2020, www.
prnewswire.com/news-releases/global-price-index-
Cao, Dewang. “Value of Manufacturing in for-industrial-raw-materials-revised-forecasts-due-to-
covid-19-impact-301055068.html.
the Post-Virus Era.” Chinadaily.com.cn, 21 Feb.
Reuters. “Oil Jumps 2% as China Plans to Boost
2020, global.chinadaily.com.cn/a/202004/21/ U.S. Imports.” CNBC, CNBC, 17 Aug. 2020, www.cnbc.
com/2020/08/17/oil-markets-us-china-relations-in-
WS5e9e3093a3105d50a3d1789f.html. focus.html.
Egan, Matt. “China Is Storing an Epic Amount of Oil Simchi-Levi, Pierre Haren and David. “How
Coronavirus Could Impact the Global Supply Chain by
at Sea. Here's Why.” CNN, Cable News Network, 1 July Mid-March.” Harvard Business Review, 16 Apr. 2020,
hbr.org/2020/02/how-coronavirus-could-impact-the-
2020, www.cnn.com/2020/07/01/investing/oil-prices- global-supply-chain-by-mid-march.
china-imports/index.html.
Gramer, Robbie, and Keith Johnson. “U.S. Falters
in Bid to Replace Chinese Rare Earths.” Foreign
352
by 13 billion cubic meters to 320 billion in 2020, Policy, 25 May 2020, foreignpolicy.com/2020/05/25/
according to the report compiled by the National china-trump-trade-supply-chain-rare-earth-minerals-
Energy Administration together with two other mining-pandemic-tensions/.
think tanks. Both reserves and output growth hit
a record high in 2019, with investment in oil and Hume, Neil. “China Turns to Steel to Galvanise Post-
gas exploration reaching 335.5 billion RMB (about Covid Economy.” Subscribe to Read | Financial Times,
US$49.6 billion), up 25.7% year on year. During the Financial Times, 10 June 2020, www.ft.com/content/
same period, natural gas imports rose 6.9% to 135.2 aec6b668-4452-4f27-a42d-ec0e83059cc9.
billion cubic meters with more diversified import
sources, said the report. Since 2019, China has Kallanish. “China's Gas Production Grows 12.7%
been pushing forward market-oriented reform of in May.” Kallanish Energy News, 23 June 2020,
the natural gas market, including opening up of the www.kallanishenergy.com/2020/06/23/chinas-gas-
oil and gas exploration and development market production-grows-12-7-in-may/.
in an orderly manner, promoting the building of
a unified national network, and giving full play Lee, Amanda. “Coronavirus Supply Chain
to the positive role of natural gas in air pollution Disruptions Easing for Companies in South China.”
prevention and control. According to a three-year South China Morning Post, 22 Sept. 2020, www.scmp.
action plan on air pollution control released in com/economy/china-economy/article/3102366/
2018, China will boost the share of natural gas in its coronavirus-supply-chain-disruptions-easing-
total primary energy consumption to 10% by 2020 companies-south.
(Xinhua, China Expects).
Ouyang, Shijia, and Nan Zhong. “Surveys Key to
Works Cited Improve Rare-Earth Exploitation.” Chinadaily.com.cn,
13 June 2019, www.chinadaily.com.cn/a/201906/13/
Argus Blog. “China Sets Higher Crude Production WS5d018521a310176577230d6d.html.
Target for 2020.” Commodity & Energy Price
Benchmarks, 24 June 2020, www.argusmedia.com/en/ Paraskova, Tsvetana. “China's Oil Import
news/2117239-china-sets-higher-crude-production- Dependence Grows To 73.4% In H1 2020.” OilPrice.
target-for-2020. com, 3 Aug. 2020, oilprice.com/Latest-Energy-News/
World-News/Chinas-Oil-Import-Dependence-Grows-
Cammarata, Sarah. “The Pentagon Wants to End Its To-734-In-H1-2020.html.
Reliance on China for Rare Earth Minerals. But Can It
Be Done?” POLITICO, 3 Aug. 2020, www.politico.com/ Researchg and Markets. “Global Price Index for
news/2020/08/03/pentagon-rare-earth-minerals- Industrial Raw Materials: Revised Forecasts Due to
china-390939. COVID-19 Impact.” PR Newswire, 7 May 2020, www.
prnewswire.com/news-releases/global-price-index-
Cao, Dewang. “Value of Manufacturing in for-industrial-raw-materials-revised-forecasts-due-to-
covid-19-impact-301055068.html.
the Post-Virus Era.” Chinadaily.com.cn, 21 Feb.
Reuters. “Oil Jumps 2% as China Plans to Boost
2020, global.chinadaily.com.cn/a/202004/21/ U.S. Imports.” CNBC, CNBC, 17 Aug. 2020, www.cnbc.
com/2020/08/17/oil-markets-us-china-relations-in-
WS5e9e3093a3105d50a3d1789f.html. focus.html.
Egan, Matt. “China Is Storing an Epic Amount of Oil Simchi-Levi, Pierre Haren and David. “How
Coronavirus Could Impact the Global Supply Chain by
at Sea. Here's Why.” CNN, Cable News Network, 1 July Mid-March.” Harvard Business Review, 16 Apr. 2020,
hbr.org/2020/02/how-coronavirus-could-impact-the-
2020, www.cnn.com/2020/07/01/investing/oil-prices- global-supply-chain-by-mid-march.
china-imports/index.html.
Gramer, Robbie, and Keith Johnson. “U.S. Falters
in Bid to Replace Chinese Rare Earths.” Foreign
352
