Medium- and long-term sustainable supply approaches and strategies for essential and typical strategic resources in China

Ting YAO , Zhen-Ying LI , Yue-Jun ZHANG

Front. Eng ›› 2024, Vol. 11 ›› Issue (3) : 576 -583.

PDF (221KB)
Front. Eng ›› 2024, Vol. 11 ›› Issue (3) : 576 -583. DOI: 10.1007/s42524-024-4048-0
Comments
COMMENTS

Medium- and long-term sustainable supply approaches and strategies for essential and typical strategic resources in China

Author information +
History +
PDF (221KB)

Abstract

This paper examines sustainable supply strategies for essential and strategic resources in China, addressing both domestic requirements and global supply uncertainties. In the context of intense global competition for resources and substantial internal demand, China’s significant role as a major consumer and global supplier is pivotal in the dynamics of the global supply chain. This study highlights China’s dependence on imports for essential resources and the critical need for resilient supply chains to enhance national security and promote environmental sustainability. By referencing international experiences and accounting for China’s specific circumstances, this study proposes strategic initiatives, including updating the strategic resource catalog, imposing export controls on key minerals, promoting resource conservation, and enhancing global cooperation. These strategies aim to reduce external dependencies and support global resource sustainability. The proposed framework can help policymakers ensure long-term resource security and manage resources more effectively in complex global landscapes.

Keywords

resources / sustainable supply / supply chain / security / stability

Cite this article

Download citation ▾
Ting YAO, Zhen-Ying LI, Yue-Jun ZHANG. Medium- and long-term sustainable supply approaches and strategies for essential and typical strategic resources in China. Front. Eng, 2024, 11(3): 576-583 DOI:10.1007/s42524-024-4048-0

登录浏览全文

4963

注册一个新账户 忘记密码

References

[1]

Calvo G, Valero A, (2022). Strategic mineral resources: Availability and future estimations for the renewable energy sector. Environmental Development, 41: 100640

[2]

Vanegas Cantarero M M, (2020). Of renewable energy, energy democracy, and sustainable development: A roadmap to accelerate the energy transition in developing countries. Energy Research & Social Science, 70: 101716

[3]

Cherepovitsyn A, Solovyova V, (2022). Prospects for the development of the Russian rare-earth metal industry in view of the global energy transition—A review. Energies, 15( 1): 387

[4]

Dai X, Xiao L, Li M C, (2022). Toward energy finance market transition: Does China’s oil futures shake up global spots market. Frontiers of Engineering Management, 9( 3): 409–424

[5]

Davidsson S, Höök M, (2017). Material requirements and availability for multi-terawatt deployment of photovoltaics. Energy Policy, 108: 574–582

[6]

Grandell L, Lehtilä A, Kivinen M, Koljonen T, Kihlman S, Lauri L S, (2016). Role of critical metals in the future markets of clean energy technologies. Renewable Energy, 95: 53–62

[7]

Guan Y, Yan J, Shan Y, Zhou Y, Hang Y, Li R, Liu Y, Liu B, Nie Q, Bruckner B, Feng K, Hubacek K, (2023). Burden of the global energy price crisis on households. Nature Energy, 8( 3): 304–316

[8]

Guo Q, You W, (2023). A comprehensive evaluation of the international competitiveness of strategic minerals in China, Australia, Russia and India: The case of rare earths. Resources Policy, 85: 103821

[9]

Kim J, Guillaume B, Chung J, Hwang Y, (2015). Critical and precious materials consumption and requirement in wind energy system in the EU 27. Applied Energy, 139: 327–334

[10]

Randive K, Jawadand S, (2019). Strategic minerals in India: present status and future challenges. Mineral Economics, 32( 3): 337–352

[11]

ReichlCSchatz M (2022). World Mining Data 2022. Available at: website of WMD2022

[12]

Steinbuks J, Satija G, Zhao F, (2017). Sustainability of solar electricity: The role of endogenous resource substitution and cross-sectoral responses. Resource and Energy Economics, 49: 218–232

[13]

Sun X, Shi Q, Hao X, (2022). Supply crisis propagation in the global cobalt trade network. Resources, Conservation and Recycling, 179: 106035

[14]

Sun Y F, Yu S, Zhang Y J, Su B, (2023). How do imports change the energy consumption of China? An analysis of its role in intermediate inputs and final demands. Energy, 270: 126947

[15]

Villena V H, Gioia D A, (2020). A more sustainable supply chain. Harvard Business Review, 98( 2): 84–93

[16]

Wang J, Qiu S, Yick H Y, (2022). The influence of The Shanghai crude oil futures on the global and domestic oil markets. Energy, 245: 123271

[17]

Yang J, Li Z, Wang T, (2021). Price discovery in Chinese agricultural futures markets: A comprehensive look. Journal of Futures Markets, 41( 4): 536–555

[18]

Yao T, Zhang Y J, (2024). The impact of air pollution on crude oil futures market. Journal of Futures Markets, 44( 6): 1055–1068

[19]

Zhang Y J, Shi W, (2023). Has China’s carbon emissions trading (CET) policy improved green investment in carbon-intensive enterprises. Computers & Industrial Engineering, 180: 109240

RIGHTS & PERMISSIONS

Higher Education Press

AI Summary AI Mindmap
PDF (221KB)

1967

Accesses

0

Citation

Detail

Sections
Recommended

AI思维导图

/