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Author: Hong Sheng Publisher: World Scientific ISBN: 9814603988 Category : Business & Economics Languages : en Pages : 307
Book Description
This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.
Author: Hong Sheng Publisher: World Scientific ISBN: 9814603988 Category : Business & Economics Languages : en Pages : 307
Book Description
This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.
Author: Erica Strecker Downs Publisher: Rand Corporation ISBN: 0833048325 Category : Political Science Languages : en Pages : 83
Book Description
China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.
Author: Kang Wu Publisher: World Scientific ISBN: 9814335673 Category : Business & Economics Languages : en Pages : 287
Book Description
The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional and provincial oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2020. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil and gas supplies, energy security, the use of natural gas in coastal provinces for power generation, oil and gas related environmental issues, and the need for foreign investment in the oil and gas sector development. The impact of China's oil market development and imports on the Asia-Pacific region will also be examined. Energy Economy in China also reviews all current and future domestic and international oil and gas pipelines, import plans and emerging new gas markets in China over the next fifteen years.
Author: Hong Sheng Publisher: World Scientific ISBN: 9813278625 Category : Business & Economics Languages : en Pages : 438
Book Description
In China, the government controls a large part of resources, such as land, energy, bank savings, and so on. This book studies the efficiency and fairness of resources allocation by governmental administration in China. The book states that it is neither fair nor efficient to allocate resources by the governmental administrations. These resources should be allocated by the market.The book analyzes the resources allocation by government administration in three key areas namely education, health care, and land. A quantitive analysis is developed for describing more precisely the situation of unfairness in fiscal resources allocation. This book also describes how ordinary people address the misposition of resources by governmental administrations by migrating from the provinces with less resources to the provinces with more resources in education or health care. Thus, the book concludes that the actual allocation of resources is determined by the interactions between ordinary people and the government.
Author: Bo Kong Publisher: Praeger ISBN: 031337791X Category : Political Science Languages : en Pages : 0
Book Description
In the past 15 years, China has grown from a net exporter of oil into the world's second-largest importer, trailing only the United States. In that time, nationalized oil companies in China have expanded aggressively overseas while the Chinese government engages in active petroleum diplomacy, all to make sure the worldÕs largest country can meet its growing demand for oil.
Author: Shell International B.V. Publisher: Springer Nature ISBN: 3030401545 Category : Science Languages : en Pages : 734
Book Description
This open access book is an encyclopaedic analysis of the current and future energy system of the world’s most populous country and second biggest economy. What happens in China impacts the planet. In the past 40 years China has achieved one of the most remarkable economic growth rates in history. Its GDP has risen by a factor of 65, enabling 850,000 people to rise out of poverty. Growth on this scale comes with consequences. China is the world’s biggest consumer of primary energy and the world’s biggest emitter of CO2 emissions. Creating a prosperous and harmonious society that delivers economic growth and a high quality of life for all will require radical change in the energy sector, and a rewiring of the economy more widely. In China’s Energy Revolution in the Context of the Global Energy Transition, a team of researchers from the Development Research Center of the State Council of China and Shell International examine how China can revolutionise its supply and use of energy. They examine the entire energy system: coal, oil, gas, nuclear, renewables and new energies in production, conversion, distribution and consumption. They compare China with case studies and lessons learned in other countries. They ask which technology, policy and market mechanisms are required to support the change and they explore how international cooperation can smooth the way to an energy revolution in China and across the world. And, they create and compare scenarios on possible pathways to a future energy system that is low-carbon, affordable, secure and reliable.
Author: Shell International B.V. Publisher: Springer ISBN: 3319597345 Category : Science Languages : en Pages : 515
Book Description
This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.
Author: Shelley Rigger Publisher: Rowman & Littlefield ISBN: 1442230029 Category : Political Science Languages : en Pages : 239
Book Description
Now in an updated paperback edition, Why Taiwan Matters offers a comprehensive but compact introduction to a country that exercises a role in the world far greater than its tiny size would indicate. Leading expert Shelley Rigger explains how Taiwan became such a key global player, highlighting economic and political breakthroughs so impressive they have been called "miracles." She links these accomplishments to Taiwan's determined society, vibrant culture, and unique history. Drawing on arts, economics, politics, and international relations, Rigger explores Taiwan's importance to China, the United States, and the world. Considering where Taiwan may be headed in its wary standoff with China, she traces how the focus of Taiwan's domestic politics has shifted to a Taiwan-centered strategy. All readers interested in Asia and international affairs will find this an accessible and entertaining overview, replete with human interest stories and colorful examples of daily life in Taiwan.
Author: Ida Bastiaens Publisher: Cambridge University Press ISBN: 1108676618 Category : Political Science Languages : en Pages : 345
Book Description
Globalization is triggering a 'revenue shock' in developing economies. International trade taxes - once the primary source of government revenue - have been cut drastically in response to trade liberalization. Bastiaens and Rudra make the novel argument that regime type is a major determinant of revenue-raising capacity once free trade policies have been adopted. Specifically, policymakers in democracies confront greater challenges than their authoritarian counterparts when implementing tax reforms to offset liberalization's revenue shocks. The repercussions are significant: while the poor bear the brunt of this revenue shortfall in democracies, authoritarian regimes are better-off overall. Paradoxically, then, citizens of democracies suffer precisely because their freer political culture constrains governmental ability to tax and redistribute under globalization. This important contribution on the battle between open societies and the ability of governments to help their people prosper under globalization is essential reading for students and scholars of political economy, development studies and comparative politics.
Author: Hong Sheng
Author: Hong Sheng
Author: Erica Strecker Downs
Author: Kang Wu
Author: Hong Sheng
Author: Bo Kong
Author: Shell International B.V.
Author: 
Author: Shell International B.V.
Author: Shelley Rigger
Author: Ida Bastiaens