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Medium- and long-term sustainable supply approaches and strategies for essential and typical strategic resources in China |
Ting YAO1, Zhen-Ying LI2, Yue-Jun ZHANG3( ) |
1. School of Economics and Trade, Hunan University of Technology and Business, Changsha 410205, China; Center for Resource and Environmental Management, Hunan University, Changsha 410082, China
2. School of Economics and Trade, Hunan University of Technology and Business, Changsha 410205, China
3. Business School, Hunan University, Changsha 410082, China; Center for Resource and Environmental Management, Hunan University, Changsha 410082, China |
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Abstract This paper examines sustainable supply strategies for essential and strategic resources in China, addressing both domestic requirements and global supply uncertainties. In the context of intense global competition for resources and substantial internal demand, China’s significant role as a major consumer and global supplier is pivotal in the dynamics of the global supply chain. This study highlights China’s dependence on imports for essential resources and the critical need for resilient supply chains to enhance national security and promote environmental sustainability. By referencing international experiences and accounting for China’s specific circumstances, this study proposes strategic initiatives, including updating the strategic resource catalog, imposing export controls on key minerals, promoting resource conservation, and enhancing global cooperation. These strategies aim to reduce external dependencies and support global resource sustainability. The proposed framework can help policymakers ensure long-term resource security and manage resources more effectively in complex global landscapes.
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| Keywords
resources
sustainable supply
supply chain
security
stability
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Corresponding Author(s):
Yue-Jun ZHANG
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Just Accepted Date: 27 June 2024
Online First Date: 31 July 2024
Issue Date: 26 September 2024
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