Initial declines in China’s provincial energy consumption and their drivers

Ou, Jiamin, Meng, Jing, Shan, Yuli, Zheng, Heran and Guan, Dabo (2019) Initial declines in China’s provincial energy consumption and their drivers. Joule, 3 (5). pp. 1163-1168. ISSN 2542-4351

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Abstract

The years from 2003 to 2016 chronicle China’s three distinct periods, characterized by fast economic expansion from 2003 to 2007, the fall and recovery of the economy under the strike of global financial crisis from 2007 to 2011, and the strategic adjustment from 2011 to 2016, known as China’s “new normal” period (a slowdown of economic growth to around 7%) aimed at “low but high-quality growth.” In the wake of this economic cycle, China’s energy consumption was also in a state of flux. From 2003 to 2007, China’s gross domestic product (GDP) and total primary energy consumption grew by 11.68% and 12.96% per year, respectively.1 Struck by the financial crisis, the growth of GDP and energy consumption slowed down to 10.68% and 6.20%, respectively, from 2007 to 2011. As China entered the “new normal” period in 2011, the economy grew at an annual rate of 7.68%, and the growth of energy consumption eased to 3.2% per year until 2016. It can be observed that the energy elasticity (the percentage change in energy consumption to achieve a 1% change in national GDP)2 in China had decreased continuously from 2003 to 2016. Starting at a level of 1.11 from 2003 to 2007, the energy elasticity dropped to 0.58 from 2007 to 2011, followed by an even lower value of 0.42 from 2011 to 2016. China seems to be on a path toward more energy-efficient growth.

Item Type:	Article
Uncontrolled Keywords:	sdg 7 - affordable and clean energy ,/dk/atira/pure/sustainabledevelopmentgoals/affordable_and_clean_energy
Faculty \ School:	Faculty of Social Sciences > School of Global Development (formerly School of International Development) Faculty of Science > School of Environmental Sciences
UEA Research Groups:	Faculty of Social Sciences > Research Centres > Water Security Research Centre
Depositing User:	LivePure Connector
Date Deposited:	04 Apr 2019 09:30
Last Modified:	04 Mar 2024 17:47
URI:	https://ueaeprints.uea.ac.uk/id/eprint/70475
DOI:	10.1016/j.joule.2019.03.007

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