Clean Energy Development of Silk Road Economic Belt in Xinjiang

Abstract

Xinjiang has energy rich in its reserve of coal, oil, and natural gas, and also rich in renewable energy with plentiful sunshine and wind. Xinjiang is at the cross road of Asia, and also located in the center of the Silk Road economic belt. Silk Road Economic Belt focus is ecological safety, economic growth, education, energy development, financial cooperation, new technology and tourism development. Silk Road Economic Belt has long been important as a conduit for facilitating the exchange of ideas and technologies between China and the rest of Eurasia, and also about helping foster development and therefore long-term stability in Xinjiang.

Silk Road Economic Belt strategy and industrial total-factor productivity

“…Brugier (2014) analyzed the aspect of energy security. Abudureyimu and Han (2014) studied about the clean energy development of Xinjiang, which was under the influence of the SREB strategy. Ze and Chen studied the energy cooperation question between BRI countries.…”

Oil, Gas and Energy Business under One Belt One Road Strategic Context

“…A good economic base is a guarantee of return the profit quickly as well as security for a company. So economic risk should be minimized through proper implementation of OBOR strategy [49]. This study identified some economic risks like poor GDP growth rate, poor GDP per capita, excessive inflation, deficit budget, fluctuation of the exchange rate and foreign debt [40].…”