By Zhaoguang Hu, Jian Zhang, Ning Zhang
The booklet makes a speciality of low-carbon concerns and China’s economic climate, that is analyzed from the point of view of electrical energy economics. It proposes the radical proposal of an “economic gene” to mirror definite features of the financial system. The gene mapping of China’s financial system has been studied according to construction capabilities with electrical energy. financial mutations have additionally been studied with the purpose of diagnosing difficulties within the economic system. such mutations have happened in China considering that 1978, the latest being in 2012 and no extra mutation is anticipated until eventually 2025. The ebook describes the inherent caliber of China’s economic system from 2012 to 2025, and the way mechanism reforms may enormously enhance marginal consultant issue productiveness during this interval. The brokers reaction equilibrium (ARE) method of simulate nationwide economic climate, in accordance with multi-agent expertise is proposed. one other cornerstone of the version is the input-output desk. Simulated input-output tables from 2011 to 2025 are supplied within the book.
This ebook offers concepts for coverage makers and advisors, and is a useful source for researchers within the fields of economics, public guidelines, low-carbon improvement, electrical energy and effort. It additionally offers insights into China’s fiscal development.
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Extra info for China’s Economic Gene Mutations: By Electricity Economics and Multi-agent
The residential electricity consumption has nothing to do with economic activities, and it would not produce value added calculated in GDP. 27)2 3 4 5 6 7 8 -2 Fig. 21 New job positions accumulated each month in China in 2014 TE RE E 6000 Billion kWh 5000 4000 3000 2000 1000 0 Fig. 22 Total residential electricity consumption and the whole industrial electricity consumption in China (Data source: statistical material of China Electricity Council over years) people’s income. China’s economic development in the period of 1978–2014 can be revealed from the significant increase in the electricity consumption as shown in Fig.
China’s economic growth will 16 1 China’s Electricity Economy contribute greatly in the global economy. Therefore, a lot of people in the world pay much attention to China’s economic activities. 1 Economic Activities of Three Industries China has undergone dramatic policy reforms on transforming from planned economy towards the market economy since 1978, which brings about rapid economic growth and electricity consumption growth. Chinese mode has achieved an extraordinary success and attracted wide attention globally .
It accounts for around 70 % of the secondary electricity consumption in China, and thus, it can reflect the production growth of the secondary industry. 9 % of the heavy industrial electricity consumption, and it has the features of heavy industry such as it has strong positive relationship with investment. As shown in Fig. 11, it grew fast in the past few decades, especially during the period of 2000–2007 and 2010–2011. The low growth rates indicate some economic recessions. 2 Review of the Economic Development in China by Electricity Economics Growth 3000 20 18 16 14 12 10 8 6 4 2 0 2500 TWh 2000 1500 1000 500 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 0 Growth Rate, % Manufacturing 23 Fig.
China’s Economic Gene Mutations: By Electricity Economics and Multi-agent by Zhaoguang Hu, Jian Zhang, Ning Zhang