Get An Economic Analysis For The Chinese Energy Industry
Research and Markets (http://www.researchandmarkets.com/reports/c59900) has announced the addition of the new Frost & Sullivan Report “Economic Analysis for the Chinese Energy Industry” to their offering.
Strong economic policies, energy consumption patterns, energy security, and energy-saving measures have become increasingly stringent among the Asian countries. Opening up of the energy industry and World trade Organization (WTO) accession have triggered privatization programs in many countries, while the push for investment in pipeline projects to meet the domestic requirements has provided another shot in the arm of the energy industry. Energy is a vital and fast-developing sector and a critical driver of economic growth, especially the oil and gas segment. China is the world’s second largest oil importer after the United States, since it has to meet the increased domestic demand for oil and gas in the wake of the boom in the industrial and transportation sectors. Meanwhile, China’s coal reserves have also tremendously aided economic growth by accounting for nearly 80.0 percent of the total economic output. Although growth in the industrial sector and fixed investment are overheating the economy, greater ivestments in manufacturing and expansion of the steel, cement, nonferrous, and aluminum sectors are propping up economic growth.
Strong macroeconomic indicators imply that the Chinese economy is likely to grow at 9.0 to 10.0 percent. As the domestic oil production is less than the oil consumption, China has used its favorable foreign relations to sign energy agreements with many countries. Although oil prices in the domestic market are aligned with international price trends, political decisions can also sway pricing patterns. The low interest rates, cheap labor, huge market size, and stable exchange rates have made China a key investment hub. General economic policies greatly impact this demand-driven industry, and industry-specific policies, wherever effectively enforced, provide added impetus. The Government, realizing the importance of private investments for constructing and upgrading energy infrastructure, has deregulated the electricity segments. This is likely to provide investment opportunities and enhance the distribution efficiency.
China’s policies are aimed at increasing domestic energy production. The country has huge potential for developing hydroelectric power and has made considerable progress in coal and natural gas production. Being the largest coal producer in the world, China is expected to continue to export coal. The diversification and transmission of its energy reserves, particularly electricity, through the establishment of the nuclear power plants are likely to attract foreign investments. The country’s focus on privatization and the promotion of renewable energy and energy saving measures have also made it globally popular.
This Frost & Sullivan Country Industry Forecast service for the Chinese energy industry uses a macroeconomic perspective to provide a focused analysis of the industry. This service covers an array of issues pertinent to the energy industry, ranging from political stances, trade policies, and industry regulations along with their overall impact. Besides enabling decision makers to assess the impact of non-market forces, this analysis also helps in identifying new opportunities in the industry. In addition, it provides a strong base for preparing business contingency plans.
For more information, visit http://www.researchandmarkets.com/reports/c59900
