China's Development of Coal and Oil Analytical Essay

China's Development of Coal and Oil
An analysis of China's use of coal and oil and how they have boosted the country's economic development.
# 153674 | 3,211 words | 9 sources | MLA | 2012 | KE
Published on Sep 04, 2013 in Economics (National) , Asian Studies (General)


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Description:

The paper provides an overview of China's coal and oil industry and discusses the importance of coal and oil to China's economic growth. The paper includes graphs and figures to illustrate how both oil and coal have positively contributed to China's growth through history; however, the paper also examines how this growth has come with environmental consequences. The paper points out that the future economic growth of China is dependent on how sustainable coal and oil will be as energy resources but concludes that oil and coal have significantly contributed to China's economic growth.

Outline:
Introduction
Overview of China Coal and Oil Industry
Importance of Coal and Oil to China's Economic Growth
Coal and Oil Industries Growth and their Consequences
Conclusion

From the Paper:

"According to Thomas (p.1), the newly established China managed to design and carry out economic development in 1945. To carry out this development, People's Republic of China carried out development measures, which led to an annual average economic growth rate of approximately 4%, which was recorded from 1953 to 1978 (Thomas, p.1). According to research, China economic development was among the highest in developing world. However, it is irrefutable to note that, serious economic development in China began with post-Mao economic reforms.
"The post-Mao economic reforms, which have since managed to achieve more than 8% of per capital economic growth annually, recorded the highest economic development rate in China's economic development (Burn, par.4). Studies, which have been published on China's economic development and the country's dramatic post-1978 expansion of its economy point to both global and domestic factors in order to explain the economic growth that found its momentum in 1949. Domestic factors include, high saving rates, economic development policies of People's Republic of China, investment capital and its regulation by the government, the Confucian culture of the Chinese people as well as the Chinese experienced with their pre-1949 global economy."

Sample of Sources Used:

  • Baark, Erik. Elspeth Thomson, The Chinese Coal Industry : An Economic History. London: Routledge, 2003.
  • Burn, Joules. Peak Coal and China. 7 4 2011. http://www.theoildrum.com/node/8064. 27 11 2012.
  • Coates, B., Luu, N. "China's emergence in global commodity markets." 2011.
  • Duncan, R, Youngquist, W. Encircling the Peak of World Oil Production. 2011. 27 11 2012.
  • Jian, Zhang. "CHINA'S ENERGY SECURITY: PROSPECTS, CHALLENGES, AND OPPORTUNITIES ." 2011.

Cite this Analytical Essay:

APA Format

China's Development of Coal and Oil (2013, September 04) Retrieved September 23, 2019, from https://www.academon.com/analytical-essay/china-development-of-coal-and-oil-153674/

MLA Format

"China's Development of Coal and Oil" 04 September 2013. Web. 23 September. 2019. <https://www.academon.com/analytical-essay/china-development-of-coal-and-oil-153674/>

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