There is today no energy shortage. The highly publicized energy crunch in the United States following the Arab Israeli 1973 war was artificial,Footnote1 and should a country be willing to pay prevailing prices, it can have as much energy as it wants. The energy equation is made-up of three factors: availability, reliability and price. The immediate problem is of price, and to a lesser extent of reliability.
China’s Economic Growth and ‘New Quality Productive Forces'
China is seeking to drive ‘green’ and sustainable economic growth through high technology manufacturing and R&D investments.