While being developed, Lao society and economy have gradually shifted from agricultural-based to service-industrial oriented one. As a result, final energy consumption has rapidly changed. This paper studied a trend o...While being developed, Lao society and economy have gradually shifted from agricultural-based to service-industrial oriented one. As a result, final energy consumption has rapidly changed. This paper studied a trend of changes in final energy intensity by looking at sector-wide energy demand and shares in gross domestic products. It was found that intensity of total final energy consumption in Lao PDR （People＇s Democratic Republic） gradually decreased during the last decades. This was resulted of high stable economic growth and comparatively slow growth in energy demand. Furthermore, Lao economy still relays mainly on less-energy intensive economic sectors, such as services and traditional agriculture. Although energy intensities of the industry, transportation and services sectors continuously decreased, but have slowed down in recent years. Moreover, energy intensity of agricultural sector continues increasing. All these facts give a ground for thinking that in the future, when socio-economic development of the country will reach higher level, there will be more energy consuming activities, then energy demand will increase while economic growth will slow down, and therefore, energy intensity is to increase. Knowledge on trend of energy consumption changes would be useful for predicting energy demand and securing energy supply in the future.展开更多
During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improvin...During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.展开更多
文摘While being developed, Lao society and economy have gradually shifted from agricultural-based to service-industrial oriented one. As a result, final energy consumption has rapidly changed. This paper studied a trend of changes in final energy intensity by looking at sector-wide energy demand and shares in gross domestic products. It was found that intensity of total final energy consumption in Lao PDR （People＇s Democratic Republic） gradually decreased during the last decades. This was resulted of high stable economic growth and comparatively slow growth in energy demand. Furthermore, Lao economy still relays mainly on less-energy intensive economic sectors, such as services and traditional agriculture. Although energy intensities of the industry, transportation and services sectors continuously decreased, but have slowed down in recent years. Moreover, energy intensity of agricultural sector continues increasing. All these facts give a ground for thinking that in the future, when socio-economic development of the country will reach higher level, there will be more energy consuming activities, then energy demand will increase while economic growth will slow down, and therefore, energy intensity is to increase. Knowledge on trend of energy consumption changes would be useful for predicting energy demand and securing energy supply in the future.
文摘During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.
