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Investigation of China's bio-energy industry development modes based on a SWOT–PEST model

Today more than ever before, the issues of energy shortage, global warming and climate change bound with greenhouse effect are dominating the international agenda, causing an increased interest in the renewable and alternative energy sector. With the development of the Chinese economy and scientific technology, the contradiction between energy, environment and economic growth has become ever-increasingly evident. Bio-energy, as an emerging and promising energy type, is of pretty importance for China's energy development from the strategic perspective. In this paper, the strategic analysis tools stemming from the SWOT (Strengths, Weaknesses, Opportunities, and Threats)–PEST (political, economic, social and technological) model have been adopted to explore the development modes of China's bio-energy industry. Afterwards, on the basis of the mode analysis, several corresponding recommendations have been put forward in an attempt to achieve the rapid and sound development of China's bio-energy industry.