Market characteristics of new energy supply in China

Topics on new energy supply are characterized by more normative analyses and less empirical researches, and ironically, the latter may be regarded as an indicator to verify whether its energy policy appropriate and effective or not, especially the evolution trend of energy supplying Chain for. The VEC Model in this paper shows that there is a trend of ascending slightly prior to declining intensively in the new energy supply market of China with an analysis of the relationship between the four forms (coal, oil, natural gas, and new energy sources) in the primary energy supply chain, which will provide references to amend Chinaʹs current energy policy.