In order to demonstrate the catalytic stability of Pd@HS-ZrO
2, cyclic tests were carried out on Pd@HS-ZrO
2-800. It is clearly observed that the curves from Cycle 1 to Cycle 5 largely overlap (Fig.6(b)). Stability tests (Fig.6(c)) were conducted at 115 °C and the activity of the Pd@HS-ZrO
2-800 catalyst did not decay during 30 h of service. Subsequently, the tested samples were characterized by XRD, XPS, and EDS-mapping (Figs. S8–S10). The XRD patterns show that the diffraction peaks before and after the reaction basically do not change, and the XPS results are also basically the same as before the test. Combined with the analysis on the TEM image, the Pd@HS-ZrO
2 catalyst remained intact after the test, and the EDS-mapping result clearly shows that Pd particles maintain the monodisperse state. It is fully demonstrated that the Pd@HS-ZrO
2 catalyst has good catalytic stability and thermal stability. Fig.6(d) reflects the apparent activation energies of different Pd@HS-ZrO
2 samples. It is observed that the values of Pd@HS-ZrO
2-800 and Pd@HS-ZrO
2-900 are significantly lower than those of Pd@HS-ZrO
2-450 and Pd@HS-ZrO
2-700. The reason is that the oxidation degrees of Pd at 800 and 900 °C are significantly larger than those at 450 and 700 °C. The lattice oxygen of PdO will participate in the reaction, and it facilitates the reaction when the Pd particle in Pd@HS-ZrO
2 is in the form of the oxidation state. The other reason is that the phase transition of ZrO
2 may be accompanied by an increase in the surface oxygen vacancy concentration, which improves the mobility of oxygen [
26]. The difference in activation energies was further explored by H
2-TPR, and the results are shown in Fig. S11. The peak in the 200–300 °C interval corresponds to the reduction of PdO [
37–
38]. However, the reduction peaks of PdO can only be found in the samples of Pd@HS-ZrO
2-800 and Pd@HS-ZrO
2-900, but not in Pd@HS-ZrO
2-450 and Pd@HS-ZrO
2-700. Combined with the apparent activation energy of Pd@HS-ZrO
2, it can be demonstrated that the deepening of the oxidation of Pd facilitates the catalytic reaction. And the peaks in the 430–530 °C interval correspond to the interaction of the ZrO
2 support and PdO [
39]. According to above results, compared with those of Pd@HS-ZrO
2-450, Pd@HS-ZrO
2-700, and Pd@HS-ZrO
2-900, the reduction peak of Pd@HS-ZrO
2-800 was much lower, indicating that the Pd@HS-ZrO
2-800 catalyst has better reducibility at a lower temperature. It also demonstrates why Pd@HS-ZrO
2-800 has the best catalytic activity.