China's energy demand and its characteristics in the industrialization and urbanization process

China's energy demand and its characteristics in the industrialization and urbanization process

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Article ID: iaor20125119
Volume: 49
Issue: 21
Start Page Number: 608
End Page Number: 615
Publication Date: Oct 2012
Journal: Energy Policy
Authors: ,
Keywords: behaviour, demand, economics, government
Abstract:

China is currently in the process of industrialization and urbanization, which is the key stage of transition from a low‐income country to a middle‐income country and requires large amount of energy. The process will not end until 2020, so China's primary energy demand will keep high growth in the mid‐term. Although each country is unique considering its particular history and background, all countries are sharing some common rules in energy demand for economic development. Based on the comparison with developed countries, here, we report some rules in the process of industrialization and urbanization as follows: (1) urbanization always goes along with industrialization; (2) the higher economic growth is, the higher energy demand is; (3) economic globalization makes it possible to shorten the time of industrialization, but the shorter the transition phase is, the faster energy demand grows; (4) the change of energy intensity presents as an ‘inverted U’ curve, but whose shape can be changed for different energy policy. The above rules are very important for the Chinese government in framing its energy policy.

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