SIGNATURE WORK
CONFERENCE & EXHIBITION 2023

China is a vital actor in the global transition to sustainable energy since it is the world’s largest energy consumer and a major player in the development of renewable energy. This article analyses the possibilities for that energy transition and evaluates its consequences for energy-dependent businesses, the electric car industry, and industrial chain transformation. China’s energy security and dependency on coal are dictating the pace of its shift. It comes to the conclusion that although China’s rise in renewable energy offers new prospects and advancement in many areas, there are still difficulties including market access limitations, high infrastructure costs, and intellectual property issues. The supply chain is impacted by the energy shift as well. It faces difficulties like price volatility and transportation deadlines, but it also benefits from improved sustainability and resilience, which is crucial in the post-epidemic age. The results reached in this study can help international collaboration and speed up global progress toward a sustainable future. They can also help us comprehend China’s position in the energy transition.