Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)

NLP based Research on Traditional Energy Trade of the “Belt and Road” Energy Cooperation Partnership Countries

Authors
Jun Gong1, Duoyong Sun1, *, Liang Feng1
1National University of Defense Technology, Changsha, Hunan, 410073, China
*Corresponding author. Email: duoyongsun@sina.com
Corresponding Author
Duoyong Sun
Available Online 22 November 2024.
DOI
10.2991/978-94-6463-570-6_52How to use a DOI?
Keywords
NLP; The Belt and Road; Energy Cooperation Partnership; Traditional Energy Trade
Abstract

With the establishment of the “Belt and Road” energy cooperation partnership in 2019, the opportunities for improving China’s energy supply structure are broader. Taking the traditional energy trade of partner countries as the entry point, relevant public data is collected, and natural language processing (NLP) technology is used to analyze and process it using the PEGASUS text summary model. The main conclusions include: (1) Currently, there is a structural imbalance in China’s traditional energy trade. In the partnership, countries with abundant oil and gas resources such as Iraq, Kuwait, and Venezuela have become the main targets of China’s traditional energy trade; (2) The fluctuation of multilateral exchange rates has a significant inhibitory effect on China’s traditional energy imports, with the strongest inhibitory effect being the imbalance of the unilateral exchange rate of the RMB; (3) The energy itself has a significant import promoting effect on China’s traditional energy imports, and the construction of international energy pipeline connectivity also has a significant promoting effect on this. On the one hand, it provides a foundation for the improvement of China’s traditional energy trade policy, and on the other hand, this study is a beneficial exploration of using NLP technology to analyze social science issues, providing new ideas and insights for the research of China’s traditional energy trade.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
22 November 2024
ISBN
978-94-6463-570-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-570-6_52How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jun Gong
AU  - Duoyong Sun
AU  - Liang Feng
PY  - 2024
DA  - 2024/11/22
TI  - NLP based Research on Traditional Energy Trade of the “Belt and Road” Energy Cooperation Partnership Countries
BT  - Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
PB  - Atlantis Press
SP  - 523
EP  - 531
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-570-6_52
DO  - 10.2991/978-94-6463-570-6_52
ID  - Gong2024
ER  -