Current Issues of China’s Coal Industry the Case of Shanxi：目前中国的煤炭工业山西个案问题.pdfVIP

Proceedings of the 15th Annual Conference of the Association for Chinese Economics Studies Australia (ACESA) Current Issues of China’s Coal Industry: The Case of Shanxi 1 Wanjun Wei RMIT University Abstract China has been playing an important role in the international energy market. This is even more obvious in recent years because of the set industrial structure and the government’s new development policy in favor of western China, which is rich in coal, oil and other natural resources. This paper illustrates the current situation of the coal industry in China from a worldwide point of view. It reveals the existing problems in China’s coal industry, in particular coking coal fr om Shanxi Province, one of the major coal suppliers in the domestic and international markets. To meet the challenges facing the Shanxi coking coal, it appears a process of internationalization of the local coal industry is inevitable. It also suggests that both the government and trade association should take measures to ensure sustainable growth and ways in which to bring new initiatives into the industry. 1 Correspondence to: Wanjun WEI School of Economics and Finance RMIT University GPO Box 2476V, Melbourne, VIC. 3001 AUSTRALIA Email: wanjun.wei@rmit.edu.au Wei, W., ‘Current Issues of China’s Coal Industry : The Case of Shanxi’. - 1 - Proceedings of the 15th Annual Conference of the Association for Chinese Economics Studies Australia (ACESA) Introduction and Overview of China’s Coal Industry With a population of nearly 1.25 billion and a recent record of high economic growth, t