Chen Zhanming: China wants to speed up the form of energy settlement

Zhongxin Jingwei June 17th.

Author Chen Zhanming Professor of Applied Economy, Renmin University of China

Recently, the China Macroeconomic Forum (CMF) focused on the hotspot of "energy prices under the impact of Russia and Ukraine and geopolitical turmoil". , Or in the medium and long term to inhibit energy development investment, which will cause the current and future expected energy supply to decline, leading to rapid rise in international energy prices. Among them, the price of crude oil is affected by geopolitical conflicts, and the price of natural gas is affected by the secondary, and less coal prices are affected by geopolitical conflicts.

Since the outbreak of the Russian -Ukraine conflict, Western countries have imposed multiple rounds of sanctions on Russia, which has caused uncertainty of Russian energy exports to increase steadily, and the prices of large energy commodities such as oil and gas have risen rapidly, showing a high shock, which has brought great disturbances to global energy supply. Essence At the same time, sanctions have caused European countries to be in trouble, such as increasing economic stagnation under the epidemic, increasing economic stagnation pressure, energy poverty in many low -income families, and intensification of social conflicts.

With the increase of the global economy and the rise in energy demand, the role of demand is even more important. It is rare for local geopolitical conflicts to have a significant impact on international energy prices and supply, but concerns about the uncertainty of international energy supply have always existed.

Russia -Ukraine conflicts are an important inspiration for Chinese energy security. On the one hand, it is necessary to ensure the safety of energy imports; on the other hand, we must avoid being implicated by connected sanctions. Excessive reliance on specific supply countries, transportation channels and even energy varieties will bring major hidden dangers to energy security, so we must adhere to a diversified energy security strategy.

Russia and Ukraine have exacerbated the turbulence of the energy market, raised energy prices, and had various impacts on the global economy. The impact of energy prices has led to rising global commodity prices, causing a global cost of living costs, which has led to family financial tightening and poverty. The exacerbation of inflation in Western countries has caused the public's dissatisfaction, making the governors face difficulties. Multiple rounds of sanctions and anti -tailor disturbing the global market, leading to Russia's rapid outflow of capital. In the long run, the Russian -Ukraine conflict will become a catalyst for European development of clean energy and promote the transformation process of global energy.

In the face of geopolitical conflicts, energy price fluctuations should be correctly recognized to the necessity and importance of energy strategic reserves, and to deal with the impact of Russia and Ukraine with multiple measures. It is necessary to form a three -in -one reserve model of government reserves, corporate social responsibility reserves, and production and operation as soon as possible, promote the increase in oil and gas and non -stone energy production, improve energy investment, and improve energy self -sufficient capabilities. Accelerate the development of new energy and further increase the proportion of diversified energy. In terms of foreign policies, surrounding energy cooperation should be strengthened to actively participate in international governance. Build a long -term stable, interdependent, and mutually beneficial cooperative relationship with neighboring countries and regions in the energy field. Following the relevant policies of national interests, on the one hand, stabilize the general direction of China -Russia energy cooperation to ensure the long -term stability of China -Russia energy cooperation; on the other hand, we must also be good at using different interests in Russia and Ukraine to achieve cooperation. It is necessary to accelerate the diversification of energy settlement, including but not limited to the exploration of the RMB pricing model. (Zhongxin Jingwei APP)

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