Transformation of China’s energy sector: trends and challenges

The conclusions presented here sum up the contributions in the Special Issue regarding the managing of China's energy sector, particularly regarding the demand and profile of energy as well as the marketization of the sector. Strategic, organizational and policy issues relevant to the main them...

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Main Authors: Lai, Hongyi, Warner, Malcolm
Format: Article
Published: Taylor & Francis 2014
Subjects:
Online Access:https://eprints.nottingham.ac.uk/28874/
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author Lai, Hongyi
Warner, Malcolm
author_facet Lai, Hongyi
Warner, Malcolm
author_sort Lai, Hongyi
building Nottingham Research Data Repository
collection Online Access
description The conclusions presented here sum up the contributions in the Special Issue regarding the managing of China's energy sector, particularly regarding the demand and profile of energy as well as the marketization of the sector. Strategic, organizational and policy issues relevant to the main theme are set out. Both demand and supply scenarios for the nation's energy are seen as in flux, as the economy slackens and dependence on imports rises. Unprecedented levels of urban environmental pollution and steady growth of energy consumption in the wake of a rising living standard have brought the issue to headline-prominence as never before. China's rapidly increasing renewable energy will not change its heavy reliance on coal and a lesser extent oil in the coming decade. After decades of transformation, China's energy sector now operates in a domestic market characterized by strong governmental influence and monopolistic state firms. Abroad, China's firms are exposed to heavier market pressure and competition. While the state's policies have succeeded in ensuring energy supplies and propelling China's renewable energy manufacturers into global prominence and opening up domestic market, much room for improvement exists in the competitiveness of the domestic market and domestic energy firms, transparency of pricing and the effectiveness of regulation.
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spelling nottingham-288742020-05-04T16:50:26Z https://eprints.nottingham.ac.uk/28874/ Transformation of China’s energy sector: trends and challenges Lai, Hongyi Warner, Malcolm The conclusions presented here sum up the contributions in the Special Issue regarding the managing of China's energy sector, particularly regarding the demand and profile of energy as well as the marketization of the sector. Strategic, organizational and policy issues relevant to the main theme are set out. Both demand and supply scenarios for the nation's energy are seen as in flux, as the economy slackens and dependence on imports rises. Unprecedented levels of urban environmental pollution and steady growth of energy consumption in the wake of a rising living standard have brought the issue to headline-prominence as never before. China's rapidly increasing renewable energy will not change its heavy reliance on coal and a lesser extent oil in the coming decade. After decades of transformation, China's energy sector now operates in a domestic market characterized by strong governmental influence and monopolistic state firms. Abroad, China's firms are exposed to heavier market pressure and competition. While the state's policies have succeeded in ensuring energy supplies and propelling China's renewable energy manufacturers into global prominence and opening up domestic market, much room for improvement exists in the competitiveness of the domestic market and domestic energy firms, transparency of pricing and the effectiveness of regulation. Taylor & Francis 2014-07-29 Article PeerReviewed Lai, Hongyi and Warner, Malcolm (2014) Transformation of China’s energy sector: trends and challenges. Asia Pacific Business Review, 21 (1). pp. 147-153. ISSN 1360-2381 Asia China Economics Energy Environment Pollution PRC http://www.tandfonline.com/doi/abs/10.1080/13602381.2014.939900 doi:10.1080/13602381.2014.939900 doi:10.1080/13602381.2014.939900
spellingShingle Asia
China
Economics
Energy
Environment
Pollution
PRC
Lai, Hongyi
Warner, Malcolm
Transformation of China’s energy sector: trends and challenges
title Transformation of China’s energy sector: trends and challenges
title_full Transformation of China’s energy sector: trends and challenges
title_fullStr Transformation of China’s energy sector: trends and challenges
title_full_unstemmed Transformation of China’s energy sector: trends and challenges
title_short Transformation of China’s energy sector: trends and challenges
title_sort transformation of china’s energy sector: trends and challenges
topic Asia
China
Economics
Energy
Environment
Pollution
PRC
url https://eprints.nottingham.ac.uk/28874/
https://eprints.nottingham.ac.uk/28874/
https://eprints.nottingham.ac.uk/28874/