Improving the mechanism of investment in alternative energy (China as an example)

Abstract

In modern times, the world community must secure national energy security. With China's growing energy dependency and rising energy prices, the country's energy-intensive economy suffers enormous losses, resulting in lower production levels and slower socio-economic development. Thus, lowering energy dependence and developing alternative energy in China should be considered a strategic issue demanding immediate attention. Alternative energy development is a significant aspect in increasing energy security. To develop this approach requires large investment resources, thus determining the strategic directions for investing in alternative energy within the context of China's national economy is critical