CHINA IN THE RENEWABLE ENERGY RACE

Sarmiza Pencea

Romanian Economic Business Review, 2011, vol. 6, issue 4, 100-111

Abstract: For over three decades Chinese economy grew annually by an average of almost 10%, driven by huge investments in industrialization, urbanization and infrastructure networks and by large exports of price-competitive goods. The downside of China’s accelerated development is its insatiable hunger for energy – China also became the world’s largest energy consumer - and for natural resources, which, on the one hand contributes to depleting faster the global stocks of non-renewables and, on the other hand, it dangerously increases pollution.

Keywords: renewable energy; Chinese economy; catching up (search for similar items in EconPapers)
Date: 2011
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