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ID: 150708

Analysis of the policy effects of downstream Feed-In Tariff on China’s solar photovoltaic industry / Wang, Hongwei; Zheng ,Shilin ; Zhang, Yanhua ; Zhang, Kai

Wang, Hongwei	Journal Article
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The Chinese government initiated the Feed-In Tariff (“FIT”) policy for downstream power generation in August 2013. The effectiveness of the downstream FIT policy has attracted the attention of academia and government. Using the quarterly data of listed solar PV companies between 2009 and 2015, this paper provides an empirical analysis regarding the effects of the downstream FIT policy. We find that (1) the FIT policy has significantly enhanced the inventory turnover of listed PV firms and improved their profitability; (2) the FIT policy has significant effects on the inventory turnover of midstream companies and mixed industry-chain companies mainly engaged in downstream operations; (3) FIT policy is more favorable towards increasing the inventory turnover of private enterprises. Our results indicate that the FIT policy can have substantial effects on the sustainable development of China's solar photovoltaic industry.

Key Words

Solar PV Industry ; Policy Effect ; Feed-In Tariff Policy

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ID: 154450

Development of public housing in post-reform China / Wang, Hongwei; Chen, Jie ; Yao, Lingzhen

Chen, Jie	Journal Article
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This paper explores the dynamic nature of the transformation of public housing regimes in urban China since the abolishment of the urban welfare housing system in the late 1990s. We summarize the latest progress in the development of public housing in post-reform China and investigate the driving forces behind these developments. A close examination of the public rental housing program in Shanghai helps to show that the recent revival of public housing in Chinese cities is mostly driven by the desire for economic growth. We conclude that the state provision of housing could be a short-run state remedy to alleviate economic imbalance and social inequality. However, in the long run China needs to seek more effective solutions to solve the low-income population's housing affordability problems.

Key Words

China ; Housing Policy ; Housing Regime ; Public Housing

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