Effect of Coal Consumption on the Upgrading of Industrial Structure

Author:

Guo Xuyang1ORCID,Wang Xin23ORCID,Zheng Dezhi4ORCID

Affiliation:

1. Business School, Zhengzhou University, Zhengzhou, 450001 Henan, China

2. School of Economics and Management, China University of Mining and Technology, Xuzhou, Jiangsu 221008, China

3. Kewen College, Jiangsu Normal University, Xuzhou, Jiangsu 221100, China

4. China Coal Research Institute, Beijing 100013, China

Abstract

This paper attempts to study the effect of China’s coal consumption on the upgrading of industrial structure based on the relevant data obtained from the China Statistical Yearbook (1992–2021). The results showed that (1) China’s coal consumption has a downward trend, but it is still more than 56.8%. Similarly, the consumption of nonpetrochemical energy is not high, but the increase with respect to time is large. (2) Percentage of China’s tertiary industry reached a maximum of 54.5% in 2020. However, there is a huge gap when compared to the global data. For example, the tertiary industries accounted for 77.4% in the US in 2017 and 71.3% in the UK in 2019. (3) In the short term, China’s coal consumption will continue to promote the upgrading of industrial structure; in the long run, it is not obvious that China’s coal consumption continues to drive the upgrading of industrial structure. (4) The intensity of the sustainable driving effect of China’s coal consumption on the upgrading of industrial structure will gradually weaken from 0.0647 to 0.00102.

Funder

Chinese Academy of Engineering

Publisher

Hindawi Limited

Subject

General Earth and Planetary Sciences

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