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ID: 089967

A comparative study of the development mode of China's iron and / Gao, Yuning; Hu, Angang

Hu, Angang	Journal Article
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2009.

Summary/Abstract

The development of China's iron and steel industry (ISI) is an important indication of China's industrialization. This paper analyses the industry from the perspectives of historical retrospect, international comparison and sustainable development. We find that China's ISI has made huge progress at the technical level. During the same period of time its over-consumption of resources and impact on the environment has dropped. However, compared with other main developed steel producers, there is still a big gap. Besides, its openness is still much lower than those of other countries.

Key Words

China ; Chinese Economy ; China's Iron and Steel Industry ; Development Mode ; Comparative Study

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ID: 132600

Exploring energy efficiency in China's iron and steel industry: a stochastic frontier approach / Lin, Boqiang; Wang, Xiaolei

Lin, Boqiang	Journal Article
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Publication

2014.

Summary/Abstract

The iron and steel industry is one of the major energy-consuming industries in China. Given the limited research on effective energy conservation in China×s industrial sectors, this paper analyzes the total factor energy efficiency and the corresponding energy conservation potential of China×s iron and steel industry using the excessive energy-input stochastic frontier model. The results show that there was an increasing trend in energy efficiency between 2005 and 2011 with an average energy efficiency of 0.699 and a cumulative energy conservation potential of 723.44 million tons of coal equivalent (Mtce). We further analyze the regional differences in energy efficiency and find that energy efficiency of Northeastern China is high while that of Central and Western China is low. Therefore, there is a concentration of energy conservation potential for the iron and steel industry in the Central and Western areas. In addition, we discover that inefficient factors are important for improving energy conservation. We find that the structural defect in the economic system is an important impediment to energy efficiency and economic restructuring is the key to improving energy efficiency.

Key Words

Energy conservation ; Economic system ; Industrial Development ; Energy Efficiency ; Economic Restructuring ; Energy Demand ;
China's Iron and Steel Industry ; Stochastic Frontier ; Western China ; Central China

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