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Energy Report China 1st Quarter

  • ID: 3085052
  • Report
  • Region: China
  • 13 Pages
  • The Economist Intelligence Unit
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China is the world's largest energy consumer, accounting for a quarter of global consumption. The Economist Intelligence Unit estimates China's energy consumption in 2017 at 3.1bn kilotonnes oil equivalent (ktoe) and expects it to reach 3.3bn ktoe in 2022.

China's average energy consumption per head is low, at two-thirds the level of Japan and a third of that in the US. We forecast real GDP growth will moderate to 6.6% in 2018, as US trade actions extract a heavier toll on China's external sector. After growth steadies at 6.1% in 2020, we expect growth to slow to 5.4% a year in 2021-22, as the goal of doubling real GDP by 2020 over the level in 2010 will have been met.

The US-China trade war will be a key short-term influence on China's energy policy. China's retaliation to US tariffs has included the placing of tariffs on liquefied natural gas (LNG). In August 2018 the US and China imposed tariffs of 25% on US$16bn of each other's goods, with China's list including US exports of gasoline, diesel, liquefied petroleum gas and coal (crude oil was originally on the list but later removed).

Industry List: Coal, Energy, Electricity, Energy, Energy, Energy, Energy policy, Energy, Nuclear, Energy, Oil and gas, Energy, Renewables
Industry Codes (NAIC): 22
Industry Codes (SIC): 49
Note: Product cover images may vary from those shown
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Energy Report China 1st Quarter

Energy report: Overview

Energy report: Energy policy

Energy report: Oil and gas

Energy report: Electricity

Energy report: Coal

Energy report: Nuclear

Energy report: Renewable energy
Note: Product cover images may vary from those shown
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