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Academic Journal of Materials & Chemistry, 2023, 4(7); doi: 10.25236/AJMC.2023.040707.

Development Trend of Biodiesel in China

Author(s)

Chaocheng Zheng

Corresponding Author:
Chaocheng Zheng
Affiliation(s)

Nanjing Vocational Institute of Transport Technology, Nanjing, 211188, China

Abstract

Biodiesel is a clean and renewable resource, known as "green diesel". With the development of two generations of technology, its quality is guaranteed and its performance is superior. It has been widely promoted and applied in European and American countries. At present, the capacity utilization rate of China's biodiesel industry is relatively low, with a production capacity of only 1.5 million tons in 2021, among which 1.2 million tons are exported to EU countries. Compared to the European Union and the United States, there is still significant room for development in China's biodiesel industry. Against the backdrop of the "dual carbon" strategy and a new round of rising prices in the petrochemical industry, it is urgent and realistic to vigorously develop biodiesel. This article proposes reasonable suggestions from the point of strengthening departmental coordination, improving fiscal and tax policies, and deepening publicity and promotion.

Keywords

Biodiesel; Technological development; Market situation; Existing problems; Policy suggestion

Cite This Paper

Chaocheng Zheng. Development Trend of Biodiesel in China. Academic Journal of Materials & Chemistry (2023) Vol. 4, Issue 7: 38-43. https://doi.org/10.25236/AJMC.2023.040707.

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