The sustainable and rapid development of Chinese economy entails fast growth of energy demand. In recent years, power is in short supply; supply and transportation of coal is tense, causing a price rise; crude oil import increases, and oil price lingers on high end. These phenomena reflecting energy shortage have become people's hot-debated issues in economic life, and public economic regulators and economists have shown unprecedented concerns about the energy-, environment-, and resources-related issues from the sustainable development point of view. China's rise has led to the increase in energy consumption, crude oil import and overseas investment in energy resources, which makes some people in the world blame Chinese import increase for the rise of crude oil price and nag at Chinese energy-related activities. All these clearly indicate that China's energy situation is facing gargantuan challenges.
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