https://sputniknews.in/20251125/china-leads-the-world-in-energy-consumption-investment--innovation-rosneft-ceo-10118768.html
China Leads the World in Energy Consumption, Investment & Innovation: Rosneft CEO
China Leads the World in Energy Consumption, Investment & Innovation: Rosneft CEO
Sputnik India
China is moving toward building a new type of energy system that represents a synthesis of traditional and alternative energy sources, said Igor Sechin... 25.11.2025, Sputnik India
2025-11-25T13:44+0530
2025-11-25T13:44+0530
2025-11-26T13:54+0530
business & economy
china
russia
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north america
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China’s electricity generation level is now more than twice that of the U.S., whereas 20 years ago the situation was the opposite. Sechin noted that China accounts for one-third of global investments in the energy sector. This year, investments are expected to reach around $900 billion — 30% more than the entire investment in North America and more than 1.5 times that of Europe, according to Rosneft’s head. He added that China’s advanced technological development and unprecedented pace of electrification have made it the world leader in energy consumption.The dependence of American manufacturing companies on Chinese components today is three times higher than the dependence of Chinese companies on the U.S., Igor Sechin explained. The head of Rosneft emphasized that this is the result of the consistent and farsighted policies of the Chinese leadership. Another important priority for China over the next five years, Sechin said, is the development of "New quality productive forces," which should be accompanied by the formation of "emerging industries and industries of the future."
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China Leads the World in Energy Consumption, Investment & Innovation: Rosneft CEO
13:44 25.11.2025 (Updated: 13:54 26.11.2025) China is moving toward building a new type of energy system that represents a synthesis of traditional and alternative energy sources, said Igor Sechin, Secretary of the Presidential Commission on Energy Strategy Development and head of Rosneft, at the Russia-China Energy Business Forum.
China’s electricity generation level is now more than twice that of the U.S., whereas 20 years ago the situation was the opposite. Sechin noted that China accounts for one-third of global investments in the energy sector.
This year, investments are expected to reach around $900 billion — 30% more than the entire investment in North America and more than 1.5 times that of Europe, according to Rosneft’s head. He added that China’s advanced technological development and unprecedented pace of electrification have made it the world leader in energy consumption.
The dependence of American manufacturing companies on Chinese components today is three times higher than the dependence of Chinese companies on the U.S., Igor Sechin explained. The head of Rosneft emphasized that this is the result of the consistent and farsighted policies of the Chinese leadership.
Another important priority for China over the next five years, Sechin said, is the development of "New quality productive forces," which should be accompanied by the formation of "emerging industries and industries of the future."
