Industrial Regulation in Chinese New Energy Sector: Problems and Prospect

Abstract:

The investment and industrialization of China’s new energy sector has grown up with a considerable scope and an increasing momentum. However, its backwardness in core technology, market disorder, inconvenience of investment channels and squeezing export market space has been hindering the process at meantime. This paper, by reviewing the new development trend of new energy and policy initiations from various governments, analyzes the defects existing in Chinese industrial regulation against the new energy industry. The results reveals that systematic legislation, executive regulation and implementation scheme are not well manageable in terms of regulations on market access, pricing, trade contacting and underpinning R&D activities. This study suggests an industrial regulation scheme for China’s new energy industry in direction of renewing the energy consumption notion, establishing the energy system plan for next generation, widening the scope of governmental regulation, withdrawing the barriers among sectors and regions, building investment fund for new energy, supporting R&D and its commercialization as well as participating international coordination aiming at a favorable international trading order for new energy products.

• Periodical: Advanced Materials Research (Volumes 1073-1076)
• Pages: 2512-2518
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.1073-1076.2512
• Online since: December 2014
• Authors: Long Wei*, Jian Guo Liu
• Keywords: Energy Consumption, Industrial Regulating, New Energy, Regulating System

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