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China's primary energy consumption increases rapidly, which is highly related to China's sustainable development and has great impact on global energy market. Two univariate models, ARIMA (the autoregressive integrated moving average) model and GM(1,1) model, are used to forecast China's primary energy consumption. The results of the two models are in line with requirements. Through comparing, it...
Since the 1980s, Chinese economy grew rapidly. With the rapid economic growth, Chinese energy consumption sharply increased. The relation between Chinese energy consumption and economic growth is focused on, and many researchers have studied this issue by applying the methods such as granger causality test. However, the results just reveal the relation in a very long period. In this paper, the history...
The dependence on foreign trade increased sharply in china, and therefore Chinese economy is obviously export-oriented. The Global Financial Crisis will impact the Chinese economic growth violently. Chinese government has recently adopted some effective measures to fight against the Global Financial Crisis. The most important measure is the 4 trillion Yuan ($586 billion) stimulus plan which was announced...
The pricing mechanism for energy is not in line with the international standards, because the energy prices are controlled by the government partly or completely in China. Chinese government made a lot of efforts to improve the pricing mechanism for energy. The relations between Chinese energy prices and energy consumption are the foundations to reform the mechanism. In this paper, the relations between...
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