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Features and expansion of China’s energy market

Author

Listed:
  • VIOLETA MIHAELA DINCĂ

    (UNESCO Department for Business Administration, in foreign languages Bucharest University of Economics)

  • FILIP CÂRLEA

    (National Institute of Economic Research “Costin C. Kirițescu” Centre for Promotion of Renewable Energies and Energy Efficiency)

Abstract

The article examines the characteristics of the energy sector in China including coal, oil, hydropower, nuclear, renewable energy. Complementary to a general portray regarding the various sections of the Chinese energy sector, the paper also pursuits to analyze a part of the connections between energy, labor, land and the environment, as well as entities of authority, administration and decision-making. China became in the last twenty years the largest energy consumer in the world which combined with the economic progress of the country triggered not only challenges of how to ensure the supply-demand equilibrium but of what position China will have in the international landscape as it accustoms and complies to its on-going seat as an energy global force. The material wishes to show both the positive and negative consequences that energy expansion has on citizens’ lives, and also conflicts of interests that in some cases are emerging from this development. It encloses a short overall presentation to topics of civil society and geopolitical concerns in China, with the scope to identify the social, political, economic and environmental context, in which China’s energy emergence is taking shape, and its role in the word political and economic system. The article also takes into consideration the involvement of Chinese companies in the energy market from Romania, which is part of China’s strategy to advance on the European energy market. It examines the evolution of the relationship between the China and Romania referring to energy issues and it reviews the prospects for future development of joint energetic projects.

Suggested Citation

  • Violeta Mihaela Dincă & Filip Cârlea, 2017. "Features and expansion of China’s energy market," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(1), pages 82-89, June.
    • Handle: RePEc:ntu:ntugeo:vol5-iss1-17-082
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    References listed on IDEAS

    as
    1. Wang, Qiang & Qiu, Huan-Ning & Kuang, Yaoqiu, 2009. "Market-driven energy pricing necessary to ensure China's power supply," Energy Policy, Elsevier, vol. 37(7), pages 2498-2504, July.
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