Chinese arctic path
Growing industry requires expanding resource and energy base, and opening of new markets. In this regard, the Arctic vector seems to be a promising direction for the People's Republic of China, since it allows Beijing to not only solve some tactical tasks, but also significantly strengthen its role in global politics.
China’s interest in the Far North considering a certain shortage of raw materials and resources is quite understandable. First, there are about 30% of unexplored gas reserves and 13% of oil in this region. At the same time need in natural gas in China is increasing and it is expected that by 2020 it will reach 300 billion cubic meters. However, China can produce only 200 billion cubic meters. In this context, the Arctic with great resource potential and relatively broad freedom of action acquired strategic importance for the PRC. Secondly, the equally important goal of modern Beijing is to enter new markets and increase exports. To build maritime communications with Europe, China decided to take advantage of the transit potential of the Arctic, instead of relying on existing routes through the Suez or Panama canals. China considers the Northern Sea Route to be the most preferred option for creating the Arctic transport corridor, since Russia, like China, is seeking to pursue an independent policy in the Arctic and shows willingness to invest in the region large funds.
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