China's development

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  • China's energy hunger
    • the start of development
      • 1986 government developed 'open door policy' to overseas development
        • companies attracted by low minimum wage, taxes and large working population
      • 1990s government became more of a capitalist economy
        • nearly free market economy meant individuals could accumulate wealth by producing goods and services
        • large TNCs were state owned or partly state owned
          • invested profits back into the country though the educational and heath system
      • GDP grew 7.7%
      • as economy increased become more dependant more energy to sustain the factory industry and transporting products
        • exporting industry worth $2.21 trillion
      • known as the 'manufacturing and trading powerhouse'
      • influx of job opportunities in the city
        • development gap within the country
          • rich east poor north
        • rural- urban migration of 8 million people each year
          • brain train
        • people spend a great deal of their disposable income on energy
          • 16 per 1000 in 2002 to 270 per 1000 in 2030
            • 40% of rolls Royce bought by Chinese
          • increase in oil consumption
    • Future for China's energy
      • increase to 6000 million tonnes of oil per year by 2030
        • industry demands
        • growing car ownership
        • rapid urbanisation
      • 8% decrease in coal use
        • China's five year plan from 2015-2020
        • 'declaring war on pollution'
          • trying to encourage a more sustainable way of life
          • 2013 government survey said 74 Chinese cities had pollution levels that exceeded the levels that the world health organisation deemed safe
          • instituted fines for offenders of environmental standards
          • non governmental organisations can sue polluters
          • largest factories have to disclose pollution data to the public
    • source of China's electricity
      • worlds biggest producer and consumer of coal
        • 12% of the worlds coal reserve
        • can source 70% of their energy domestically
        • to match demand to supply they're building three coal power stations a week
        • cheap but dirty source of energy
        • 71%
      • trying to source more energy from environmentally sound sources
        • $54 billion invested in greener sources of energy in 2013
          • well above the US which was $36 billion
          • currently only 0.2%
      • greater deal of hydroelectric power
        • Three Gorges dam
          • 5%
    • China and energy security
      • association between national security and the availability of natural resources of energy
      • rapid development requires large amount of energy for industrialisation
      • supplying energy for politically stable countries
        • Canada and Australia
      • foreign investment
        • part of gwadar in Pakistan to protect oil supply
      • upgrading its military airstrip on Hainan in the south china sea to protect against terrorists
      • build a pipeline from Russia to china
        • 'china-Russia natural gas pipeline'
        • reduce reliance on OPECS


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