China’s energy price shocks on its tertiary industry energy efficiency:a vector-error-correction model based empirical study

Assuming the heterogeneity of different industries, this paper, using time series data of years from 1980 to 2008 to empirically testify the direct &indirect as well as the long & short term shocks from energy price on energy efficiency of the tertiary industry in P. R. China, concludes that the rise of energy prices can significantly reduce the energy intensity in China's tertiary industry in the short and long run. Meanwhile, indirectly, energy price increase also exerts strong influence on the tertiary industry energy efficiency via the channel of coal consumption ratio change in the tertiary industry; namely, the higher energy price leads to more coal consumption, thus enhancing the energy efficiency as well.

Beijing's Infrastructure and Tertiary Industry Contruction Projects Seeking Foreign Investment

No Projects Coopera- Total Invest- Investment Chinese Partners tion Mode ment Predicted Proportion KF3-01 Sewage Treatment Plant J.V. US$30 million Chinese 30% Beijing Economic with land as & Technological investment, 70% Development Zone for foreign partner SZ3-02 Beijing freight transport J.V. US$85 million Through Beijing Traffic Bureau hub of southwest highway negotiation SZ3-03 Beijing southeast international J.V. US$40 million 50% for each ditto container

Decomposition Analysis of Carbon Emissions Growth of Tertiary Industry in Beijing

The output as well as carbon dioxide emissions of tertiary industry have increased continuously in Beijing. Therefore, the tertiary industry has become a new ifeld that needs to be explored for energy saving and emission reduction. This paper calculates the direct and indirect carbon dioxide emissions of tertiary industry in Beijing from 2005 to 2012 using the input-output analysis method. The results indicate that both the direct and indirect carbon dioxide emissions increased continuously and the latter grew more quickly than the former. The growth of the direct and indirect carbon dioxide emissions of tertiary industry was decomposed, which showed that four factors inlfuence the growth of carbon emission of the tertiary industry, including the changes of industrial scale, industrial structure, energy consumption intensity and carbon coefifcient. The results show that the industrial scale advancement and the direct energy carbon coefifcient change promote the increase of direct carbon dioxide emissions, while the shift of industrial structure and the change of direct energy consumption intensity have the restrain on it. The industrial scale enlargement, industrial structure shift and the indirect energy carbon emission coefifcient change promote the growth of indirect carbon dioxide emissions, while the indirect energy consumption intensity change has a restrain.

The development of producer services in China

This paper introduces the background of development of the producer service sector in China.According to detailed statistics,several development characteristics are analyzed in the various aspects such as the proportion and scale,absolute development level,internal structure,contribution rate to GDP,labor productivity,investment returns,foreign direct investment,and so on.Then,it summarizes the development experiences of China’s producer services in regards to theoretical innovation,development strategies,traction roles,development of sub-sectors,supply innovation,and expansion of openness levels.Finally,it analyzes several problems in China’s producer service sector during the course of development,concerning development level,internal structure,exporting capacity,and regional distribution of China’s producer services.It points out the development direction of softening production factors.