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Green economy or coal ‘counter-revolution’? Challenges to China’s economic reform process. OSW COMMENTARY NUMBER 220 | 29.07.2016

Jakóbowski, Jakub (2016) Green economy or coal ‘counter-revolution’? Challenges to China’s economic reform process. OSW COMMENTARY NUMBER 220 | 29.07.2016. [Policy Paper]

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    Abstract

    The so-called ‘energy revolution’ has been one of the priority reforms in the agenda of President Xi Jinping. It is one part of the deep restructuring of the Chinese economy, and represents a move away from the investment-based model. The slowdown of economic growth and the rising importance of the problem of environmental pollution have led to a redefinition of the role of coal in Chinese economic policy. The share of coal in energy consumption is expected to decrease gradually, and coal-fired power plants are expected to lose importance and give ground to renewable and nuclear energy. This trend is expected to be boosted by the restructuring and reduction of heavy industry which the government intends to carry out. The situation of the Chinese coal sector will also change as a result of the ongoing price reform, which aims to reduce the level of energy intensity and increase the efficiency of the sector’s operations by introducing deregulation in the field of electricity distribution and transmission.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > China
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for Eastern Studies (OSW) > OSW Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 05 Aug 2016 09:09
    Number of Pages: 7
    Last Modified: 05 Aug 2016 09:09
    URI: http://aei.pitt.edu/id/eprint/78571

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