Polar Silk Road: in May 2017 China released Arctic Policy white Paper confirming its focus on the exploration of potential shipping routes across the Arctic as well as the development of oil, gas, mineral resources and other non-renewable energy sources, fishing and tourism in the region. Arctic: the Arctic has 30 percent of the world’s undiscovered natural gas and 13 percent of its undiscovered oil reserves. Antarctica: June 2017 Antarctic Treaty Consultative Meeting took place in Beijing. China sees Antarctica as a “new frontier” possessing precious natural resources that are crucial for human development. In Beijing and Shanghai, there are two Polar Research Institutes of China 200-economies.com rsa-tax.com.