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China In The Renewable Energy Race

Author

Listed:
  • Sarmiza Pencea

    (Institute of World Economy in Bucharest)

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.

Suggested Citation

  • Sarmiza Pencea, 2011. "China In The Renewable Energy Race," Romanian Economic Business Review, Romanian-American University, vol. 6(4), pages 100-111, december.
    • Handle: RePEc:rau:journl:v:6:y:2011:i:4:p:100-111
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