IDEAS home Printed from https://ideas.repec.org/a/tsy/journl/journl_tsy_er_2010_2_1.html
   My bibliography  Save this article

China: growth, urbanisation and mineral resource demand

Author

Listed:
  • Jin Liu

    (Treasury, Government of Australia)

  • Tony McDonald

    (Treasury, Government of Australia)

Abstract

Over recent decades, China has experienced rapid economic growth and a related sharp increase in its rate of urbanisation. The speed of this transition, along with the sheer size of China’s population, has resulted in China being an increasingly significant driver of global growth and mineral resource demand over the past decade.This paper analyses trends in China’s growth, urbanisation and mineral resource demand. It compares China’s experience in recent decades with that of other Asian emerging economies over the past half-century. It also seeks to put the recent surge in Chinese growth and urbanisation in a longer-term perspective.It concludes that, since the convergence of China’s level of economic activity and urbanisation with those of more developed countries is far from complete, China will continue to be a major source of demand for mineral resources for some time to come.

Suggested Citation

  • Jin Liu & Tony McDonald, 2010. "China: growth, urbanisation and mineral resource demand," Economic Roundup, The Treasury, Australian Government, issue 2, pages 57-71, July.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2010_2_1
    as

    Download full text from publisher

    File URL: http://archive.treasury.gov.au/documents/1846/PDF/05_China_-_growth_urbanisation_and_mineral_resource_demand.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zhang, Kevin Honglin & Song, Shunfeng, 2003. "Rural-urban migration and urbanization in China: Evidence from time-series and cross-section analyses," China Economic Review, Elsevier, vol. 14(4), pages 386-400.
    2. Yongsheng Zhang & Chaoyu Zheng, 2008. "The Implications Of China'S Rapid Growth On Demand For Energy And Mining Products Imported From Australia," Economic Papers, The Economic Society of Australia, vol. 27(1), pages 95-106, March.
    3. Ms. Yan M Sun, 2010. "Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis," IMF Working Papers 2010/127, International Monetary Fund.
    4. Maddison, Angus, 2007. "Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History," OUP Catalogue, Oxford University Press, number 9780199227204.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brendan Coates & Nghi Luu, 2012. "China's emergence in global commodity markets," Economic Roundup, The Treasury, Australian Government, issue 1, pages 1-30, May.
    2. Veasna Kong & Adam McKissack & Dong Zhang, 2012. "China in a new period of transition," Economic Roundup, The Treasury, Australian Government, issue 4, pages 42-62, December.
    3. Tony McDonald & Yong Hong Yan & Blake Ford & David Stephan, 2010. "Estimating the structural budget balance of the Australian Government," Economic Roundup, The Treasury, Australian Government, issue 3, pages 51-79, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. GAO Tianming & Anna Ivolga & Vasilii Erokhin, 2018. "Sustainable Rural Development in Northern China: Caught in a Vice between Poverty, Urban Attractions, and Migration," Sustainability, MDPI, vol. 10(5), pages 1-20, May.
    2. Daniel Fu Keung Wong & He Xue Song, 2008. "The Resilience of Migrant Workers in Shanghai China: the Roles of Migration Stress and Meaning of Migration," International Journal of Social Psychiatry, , vol. 54(2), pages 131-143, March.
    3. Tuo Shi & Yuanman Hu & Miao Liu & Chunlin Li & Chuyi Zhang & Chong Liu, 2020. "How Do Economic Growth, Urbanization, and Industrialization Affect Fine Particulate Matter Concentrations? An Assessment in Liaoning Province, China," IJERPH, MDPI, vol. 17(15), pages 1-14, July.
    4. Clark, Gregory, 2013. "1381 and the Malthus delusion," Explorations in Economic History, Elsevier, vol. 50(1), pages 4-15.
    5. Stephan Maurer & Ferdinand Rauch, 2023. "Economic geography aspects of the Panama Canal," Oxford Economic Papers, Oxford University Press, vol. 75(1), pages 142-162.
    6. Zhen Yang & Jun Lei & Jian-Gang Li, 2019. "Identifying the Determinants of Urbanization in Prefecture-Level Cities in China: A Quantitative Analysis Based on Spatial Production Theory," Sustainability, MDPI, vol. 11(4), pages 1-18, February.
    7. Svizzero, Serge & Tisdell, Clem, 2014. "Inequality and Wealth Creation in Ancient History: Malthus' Theory Reconsidered," Economic Theory, Applications and Issues Working Papers 183285, University of Queensland, School of Economics.
    8. Milanovic, Branko, 2013. "The inequality possibility frontier: the extensions and new applications," Comparative Institutional Analysis Working Paper Series 2013:1, Lund University, Comparative Institutional Analysis, School of Economics and Management.
    9. Aki Tomizawa & Li Zhao & Geneviève Bassellier & David Ahlstrom, 2020. "Economic growth, innovation, institutions, and the Great Enrichment," Asia Pacific Journal of Management, Springer, vol. 37(1), pages 7-31, March.
    10. Nuno Palma & André C. Silva, 2024. "Spending A Windfall," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(1), pages 283-313, February.
    11. Yingjie Zhang & Siqi Zheng & Yan Song & Yongguang Zhong, 2016. "The Spillover Effect of Urban Village Removal on Nearby Home Values in Beijing," Growth and Change, Wiley Blackwell, vol. 47(1), pages 9-31, March.
    12. Jedwab, Remi & Vollrath, Dietrich, 2015. "Urbanization without growth in historical perspective," Explorations in Economic History, Elsevier, vol. 58(C), pages 1-21.
    13. João César das Neves, 2012. "Globalization and Geographical Growth Patterns," Chapters, in: Roberta Capello & Tomaz Ponce Dentinho (ed.), Globalization Trends and Regional Development, chapter 1, Edward Elgar Publishing.
    14. Jin Zhang & David C. Broadstock, 2016. "The Causality between Energy Consumption and Economic Growth for China in a Time-varying Framework," The Energy Journal, , vol. 37(1_suppl), pages 29-54, January.
    15. Mahdavi, Paasha, 2014. "Why do leaders nationalize the oil industry? The politics of resource expropriation," Energy Policy, Elsevier, vol. 75(C), pages 228-243.
    16. Chen, Quanrun & Dietzenbacher, Erik & Los, Bart, 2015. "The effects of ageing and urbanization on China's future population and labor force," Research Report 15002-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    17. Prados de la Escosura, Leandro & Rodríguez-Caballero, C. Vladimir, 2022. "War, pandemics, and modern economic growth in Europe," Explorations in Economic History, Elsevier, vol. 86(C).
    18. Mary-Françoise Renard & Zelai Xu & Nong Zhu, 2011. "Migration, urban population growth and regional disparity in China," CERDI Working papers halshs-00556981, HAL.
    19. Markus Lampe & Paul Sharp, 2014. "Greasing the wheels of rural transformation? Margarine and the competition for the British butter market," Economic History Review, Economic History Society, vol. 67(3), pages 769-792, August.
    20. Stephen C. Newbold & Charles Griffiths & Chris Moore & Ann Wolverton & Elizabeth Kopits, 2013. "A Rapid Assessment Model For Understanding The Social Cost Of Carbon," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-40.

    More about this item

    Keywords

    China; economic growth; mineral resources; urbanisation;
    All these keywords.

    JEL classification:

    • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tsy:journl:journl_tsy_er_2010_2_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: The Treasury (Commonwealth of Australia) (email available below). General contact details of provider: https://edirc.repec.org/data/trgovau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.