China's energy consumption growth picks up, structure improved

China＇s energy consumption in the first three quarters grew at a faster pace as use of renewable energy posted steady momentum, official data showed Tuesday. Coal used in building materials and the electric, steel and chemical industries accounted for 85 percent of overall coal consumption during the first nine months, data released by the National Energy Administration （NEA） showed. While petroleum consumption remained steady,

Using Less Oil Despite the unquenchable thirst for oil to fuel nina's fast growing economy,the oil consumption growth rate is dropping

At first glance, the official figures of China's oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consumption growth rate was dropping sharply, from 15.3 percent in 2004 to 2.1 percent in 2005. Earlier, China's Ministry

Unit GDP Energy Consumption in 2006:Moving from Increase to Decline

On July 12, Xie Fuzhan, Commissioner of National Bureau of Statistics of China attended the press conference held by State Council Information Office, and delivered the report on China＇s national unit GDP energy consumption in 2006, presenting with major indicators of unit GDP energy consumption both at national and regional levels in the year 2006.

Elasticity Ratio of Resource Consumption and the Resource Consumption

Today the resources are becoming scarcer, which should not be regarded as unexhausted any more. Correspondingly, the production would be constrained by the scarcity of resources clearly. Then the economic researchers would pay much more attention to reducing the consumption of natural resources in the future. Therefore this paper brings foreword the conception of elasticity ratio of resource consumption based on the concept of elasticity and analyzes the relationship between the parameters. For the certain relationships between the elasticity ratio of resource consumption and resource consumption, this paper will try to reveal, to keep economy growing while resource consumption reducing, what conditions should be met as to the relationships among resource productivity, its growth rate, energy saving efficiency, economic growth rate and elasticity ratio of resource consumption. This paper proves the relationship between the China＇s energy consumption and economy growth using statistic data from 1978 to 2003.

The global crisis and its impact on China's economy

The outbreak of the subprime mortgage crisis is a historic event,marking the end of the excessive consumption model and laissez-faire capitalism.It also marked the collapse of the old economic structure,ushering in a period of dramatic adjustment and turbulence.For the next few years,China may suffer a significant drop in domestic and foreign demand as well as industrial growth rate.The subprime mortgage crisis has reduced resident income expectancy,therefore slashing people's spending on entertainment,tourism,education,communication,etc.However,in the long term,China has huge potential for economic growth.In order to reduce the risks and seize the opportunities,we need to take positive measures to stimulate domestic demand,accelerate economic restructuring,and maintain stable and rapid economic growth.

The Problems and Countermeasures of China’s Consumption Development

Since the Chinese economy eutered the New Normal,the contribution rate of consumption has exceeded investment,becoming an important driving force for economic development.Due to the insufficient supply and imperfect consumption infrastructure,however,consumption growth is confronted with many constraints.On the basis of reviewing the current situation and characteristics of consumer market development,this paper analyzes the main problems faced by consumer growth at present,and then puts forward some suggestions on system design,adjustment and expansion of effective supply and improvement of supervision mode for better promoting the role of consumption as the“stabilizer”and“ballast”of economic growth.