diversified, and China’s participation is essential
to the universality of this system. Governance
reform needs to match future requirements. The
centre of energy trade is moving to the
Asia-Pacific region. Climate change should be
taken into consideration and electricity should be
a long-term focus area.
China’s participation is beneficial to the reform of
global energy governance, especially to improving
the system’s inclusiveness and universality. Deepening the cooperation between traditional governance institutions and developing countries is in the
interest of all parties. China is an indispensable
partner with the largest economic volume among
developing and emerging economies.
Global energy governance institutions represented by the International Energy Agency
(IEA) are inviting emerging economies to participate. This benefits the emerging economies
and highlights the IEA’s position in global
energy governance. China has also been actively
involved in energy governance activities and
international cooperation organisations. China’s
participation is essential to the universality of the
future global energy governance system.
11.1.2 China Has a Deeper Involvement
in Global Energy
Governance and a More
Open and Flexible
Attitude
(1) Changes: China exerts more and more
influence on global energy governance
China has become an active participant in, and
contributor to, global energy governance. Will
China become the initiator, promoter and leader
of global energy governance reform?
In the future, when China markedly increases
its economic strength, it will continue to open up
and deepen its involvement in the international
energy market. China has goals in common with
other countries in energy security—its energy
security is largely at one with the world’s. Global
energy governance plays an increasingly important role in ensuring common energy security and
China will become more and more important in
global energy governance.
(2) Method: China’s foreign energy relations
are more open and flexible. The aim is to
shift from self-sufficiency to win-win
cooperation
As China moves from self-sufficiency to win-win
cooperation, its foreign energy relations become
more open and connected to the international
energy market. China is increasingly opening up
to the outside world, but it will never compromise its interests, especially in energy security.
Although it is debatable whether the market can
ensure energy security, China’s market-oriented
reform of its energy sector is an irreversible
trend, especially in oil, gas and electricity.
(3) Participation: China participates more
proactively in global energy governance,
including global mainstream and leading
regional governance organisations
China is proactively and constructively participating in global energy governance, including
the International Energy Agency, G20, United
Nations Framework Convention on Climate
Change and others. China is also proactively
leading regional and multilateral governance,
exploring new governance channels and seeking
win-win cooperation.
As China and the rest of the world open up to
each other, China has rapidly improved its ability
to participate in global governance, although
gaps remain.
(4) Attitude: An open, market-oriented
energy security concept is conducive to
China’s participation in global energy
governance
Against the backdrop of energy globalisation,
China needs to be prepared to work alongside
and with market forces and ensure energy security within the context of an open,
market-oriented energy security framework.
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W. Jigang and P. Webb
to the universality of this system. Governance
reform needs to match future requirements. The
centre of energy trade is moving to the
Asia-Pacific region. Climate change should be
taken into consideration and electricity should be
a long-term focus area.
China’s participation is beneficial to the reform of
global energy governance, especially to improving
the system’s inclusiveness and universality. Deepening the cooperation between traditional governance institutions and developing countries is in the
interest of all parties. China is an indispensable
partner with the largest economic volume among
developing and emerging economies.
Global energy governance institutions represented by the International Energy Agency
(IEA) are inviting emerging economies to participate. This benefits the emerging economies
and highlights the IEA’s position in global
energy governance. China has also been actively
involved in energy governance activities and
international cooperation organisations. China’s
participation is essential to the universality of the
future global energy governance system.
11.1.2 China Has a Deeper Involvement
in Global Energy
Governance and a More
Open and Flexible
Attitude
(1) Changes: China exerts more and more
influence on global energy governance
China has become an active participant in, and
contributor to, global energy governance. Will
China become the initiator, promoter and leader
of global energy governance reform?
In the future, when China markedly increases
its economic strength, it will continue to open up
and deepen its involvement in the international
energy market. China has goals in common with
other countries in energy security—its energy
security is largely at one with the world’s. Global
energy governance plays an increasingly important role in ensuring common energy security and
China will become more and more important in
global energy governance.
(2) Method: China’s foreign energy relations
are more open and flexible. The aim is to
shift from self-sufficiency to win-win
cooperation
As China moves from self-sufficiency to win-win
cooperation, its foreign energy relations become
more open and connected to the international
energy market. China is increasingly opening up
to the outside world, but it will never compromise its interests, especially in energy security.
Although it is debatable whether the market can
ensure energy security, China’s market-oriented
reform of its energy sector is an irreversible
trend, especially in oil, gas and electricity.
(3) Participation: China participates more
proactively in global energy governance,
including global mainstream and leading
regional governance organisations
China is proactively and constructively participating in global energy governance, including
the International Energy Agency, G20, United
Nations Framework Convention on Climate
Change and others. China is also proactively
leading regional and multilateral governance,
exploring new governance channels and seeking
win-win cooperation.
As China and the rest of the world open up to
each other, China has rapidly improved its ability
to participate in global governance, although
gaps remain.
(4) Attitude: An open, market-oriented
energy security concept is conducive to
China’s participation in global energy
governance
Against the backdrop of energy globalisation,
China needs to be prepared to work alongside
and with market forces and ensure energy security within the context of an open,
market-oriented energy security framework.
674
W. Jigang and P. Webb