Chapter 3 Index
Tables
Table 3B.1. Total Investment by Ownership of Enterprise, 1983-2006
Table 3B.2. Total Energy Industry Investment by Ownership and by Subsector, 1997-2005
Table 3B.3. Investment in State-Owned Units: Total and Capital Construction Compared to Energy Industry Investment, 1953-2003
Table 3B.4. Total Energy Industry Investment in State-Owned Units by Subsector, 1981-2006
Table 3B.5. Energy Industry Capital Construction Investment in State-Owned Units by Subsector, 1953-2006
Table 3B.6. Energy Industry Technical Updating & Transformation Investment by Subsector and Purpose, 1981-2003
Table 3B.7. Total Technical Updating and Transformation Investment by Investment Category, 1981-2005
Table 3B.8. Capital Construction Investment in Energy Conservation, 1981-2003
Table 3B.9. Newly Increased Production Capacity of State-Owned Enterprises, 1981-2006
Table 3B.10(a). Investment Goods Deflators, 1953-2003
Table 3B.10(b). Industry Investment Goods Deflators, 1978-2006
Table 3B.11. Investment in Energy Industry in Urban Area by Subsectors and Purpose, 2002-2006
Table 3B.12. Economic Indicators of Energy Industry, 2005-2006
Table 3B.13. Investment in Pollution Treatment, 2000-2006
Table 3C.1. Energy Conservation Investments, 1981-1995
Table 3C.2. Completed Energy Conservation Capital Construction Projects, 1981-1995
Table 3C.3. Investments in Energy Conservation Technical Updating and Transformation Demonstration Projects, 1981-1995
Figures
Figure 3B.1. Capital Construction Investment, 1953-2003
Figure 3B.2. Structure of Capital Construction Investment, 1953-2003
Figure 3B.3. Total Energy Industry Investment by Subsector, 1981-2005
Figure 3B.4. Shares of Total Energy Industry Investment, 1981-2005
Figure 3B.5. Capital Construction Investment in the Energy Industry by Subsector, 1953-2003
Figure 3B.6. Subsectoral Shares of Energy Industry Capital Construction Investment, 1953-2003
Figure 3B.7. Technical Updating and Transformation Investment in Energy Industries, 1981-2003
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-1
Table 3B.1. Total Investment by Ownership of Enterprise[1], 1983-2006
1. Billion Current Yuan
Year
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
State-Owned
Units
95.196
118.518
168.051
197.850
229.799
276.276
253.548
291.864
362.811
527.364
765.797
961.500
1,089.820
1,200.620
1,309.170
1,536.930
1,594.776
1,650.444
1,760.697
1,887.735
2,166.100
2,502.760
2,966.690
StateOwned
2006[2]
3,296.340
Collective-Owned Units
Urban
Rural
Subtotal
4.565
11.068
15.633
6.386
17.483
23.869
12.823
19.923
32.746
14.639
24.535
39.174
18.130
36.571
54.701
25.497
45.674
71.171
18.563
38.436
56.999
16.338
36.610
52.948
20.383
49.398
69.781
36.449
99.486
135.935
60.015
163.119
223.134
77.030
198.860
275.890
92.170
236.770
328.940
84.920
280.230
365.150
79.520
305.560
385.090
95.890
323.330
419.220
99.542
334.313
433.855
100.983
379.162
480.145
104.285
423.572
527.857
109.952
488.791
598.743
145.550
655.400
800.950
187.910
808.660
996.570
223.170
973.790
1,196.960
Individual Investment
Urban
Rural
Subtotal
1.672
30.505
32.177
2.989
37.911
40.900
5.679
47.843
53.522
7.456
57.482
64.938
10.051
69.535
79.586
15.685
86.523
102.208
14.023
89.203
103.226
12.470
87.647
100.117
14.032
104.256
118.288
21.647
100.552
122.199
33.850
113.773
147.623
45.140
151.920
197.060
55.230
200.790
256.020
66.720
254.400
321.120
73.820
269.120
342.940
106.290
268.150
374.440
141.611
277.959
419.570
180.510
290.426
470.936
245.301
297.656
542.957
339.596
312.323
651.919
451.910
320.100
772.010
651.790
336.270
988.060
995.000
394.060
1,389.060
CollectiveOwned
Cooperative
Joint
Limited
Liability
Share
Holding
Private
3,604.100
75.720
51.970
2,626.550
817.420
1,926.720
Joint
Venture
& Other
109.232
269.760
327.150
404.470
456.910
510.030
537.270
690.248
889.838
1,211.594
1,817.600
2,560.350
3,324.650
Selfemployed
and Others
758.860
Total
143.006
183.287
254.319
301.962
364.086
449.655
413.773
444.929
550.880
785.498
1,245.786
1,704.210
2,001.930
2,291.360
2,494.110
2,840.620
2,985.471
3,291.773
3,721.349
4,349.991
5,556.660
7,047.740
8,877.360
Total
10,999.820
of which: Total Energy
Industry Investment
State-Owned All Investment
21.240
27.766
36.641
44.396
54.261
64.502
70.564
82.388
95.675
116.410
149.767
175.413
202.528
241.926
291.400
348.141
286.209
364.295
296.321
283.959
398.361
262.160
262.617
423.754
287.671
803.665
364.301
1,114.781
476.073
1,496.088
of which : Energy Industry
Mining
Electricity, Gas
& Water
467.840
858.570
[1] Unlike most of the tables in Chapter 3, which mainly refer to investment in state-owned units, this table has data on collective and individual investment as well. Breakdowns of investment in units owned by collectives and
individuals are not as readily available as for state-owned units.
[2] Categories for NBS invesetment data were re-organized in 2006.
Source: NBS, China Statistical yearbook, various years; NBS, China Fixed Assets Investment Statistical Yearbook, various years; SDPC et al., 2002; NBS, China Energy Statistical Yearbook, various years.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-2
Table 3B.1. Total Investment by Ownership of Enterprise[1], 1983-2006 (continued)
2. Billion Constant 2000 Yuan [3]
Year
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
State-Owned
Units
207.291
252.528
342.256
384.222
436.995
480.717
412.958
464.523
560.184
775.752
980.607
1,066.322
1,076.105
1,130.137
1,226.990
1,518.053
1,621.591
1,650.444
1,757.541
1,904.052
2,126.514
2,308.513
2,577.981
StateOwned
[2]
2006
2,734.714
Collective-Owned Units
Urban
Rural
Subtotal
9.940
24.101
34.041
13.607
37.251
50.858
26.116
40.576
66.691
28.429
47.647
76.075
34.477
69.545
104.022
44.364
79.472
123.837
30.234
62.601
92.835
26.003
58.267
84.271
31.472
76.271
107.743
53.616
146.344
199.960
76.849
208.875
285.724
85.428
220.540
305.967
91.010
233.790
324.800
79.935
263.779
343.714
74.528
286.379
360.917
94.712
319.359
414.071
101.216
339.934
441.150
100.983
379.162
480.145
104.098
422.813
526.911
110.902
493.016
603.918
142.890
643.422
786.313
173.326
745.897
919.223
193.929
846.200
1,040.129
CollectiveOwned
Cooperative
2,990.038
62.819
Joint
43.115
Individual Investment
Urban
Rural
Subtotal
3.641
66.425
70.066
6.369
80.778
87.146
11.566
97.438
109.004
14.479
111.629
126.109
19.113
132.231
151.344
27.292
150.549
177.841
22.839
145.286
168.126
19.847
139.497
159.343
21.666
160.972
182.638
31.843
147.912
179.755
43.345
145.687
189.032
50.061
168.482
218.543
54.535
198.263
252.798
62.803
239.465
302.269
69.186
252.227
321.413
104.985
264.857
369.841
143.992
282.633
426.625
180.510
290.426
470.936
244.861
297.122
541.984
342.531
315.023
657.554
443.651
314.250
757.901
601.203
310.171
911.374
864.631
342.429
1,207.059
Limited
Liability
Share
Holding
Private
2,179.042
678.149
1,598.448
Joint
Venture
& Other
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
139.872
299.169
323.033
380.726
428.229
503.766
546.304
690.248
888.243
1,222.067
1,784.383
2,361.633
2,889.040
Selfemployed
and Others
629.566
Total
311.397
390.533
517.951
586.406
692.361
782.394
673.919
708.136
850.564
1,155.467
1,595.235
1,890.001
1,976.737
2,156.845
2,337.548
2,805.732
3,035.669
3,291.773
3,714.679
4,387.591
5,455.111
6,500.743
7,714.209
Total
9,125.685
of which: Total Energy
Industry Investment
State-Owned All Investment
46.250
59.162
74.624
86.216
103.185
112.233
114.929
131.126
147.723
171.239
191.777
194.536
199.979
227.724
273.108
326.287
282.694
359.821
301.303
283.959
398.361
261.690
264.887
427.417
282.414
788.978
336.026
1,028.259
413.696
1,300.064
of which : Energy Industry
Mining
Electricity, Gas
& Water
388.130
712.288
[1] Unlike most of the tables in Chapter 3, which mainly refer to investment in state-owned units, this table has data on collective and individual investment as well. Breakdowns of investment in units owned by collectives and
individuals are not as readily available as for state-owned units.
[2] Categories for NBS invesetment data were re-organized in 2006.
[3] Deflated using the GDP deflators presented in Table 3B.10(b).
Source: NBS, China Statistical yearbook, various years; NBS, China Fixed Assets Investment Statistical Yearbook, various years; SDPC et al., 2002.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-3
Table 3B.1. Total Investment by Ownership of Enterprise[1], 1983-2006 (continued)
3. Shares of Total
Year
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006[2]
State-Owned
Units
66.6%
64.7%
66.1%
65.5%
63.1%
61.4%
61.3%
65.6%
65.9%
67.1%
61.5%
56.4%
54.4%
52.4%
52.5%
54.1%
53.4%
50.1%
47.3%
43.4%
39.0%
35.5%
33.4%
Collective-Owned Units
Urban
Rural
Subtotal
3.2%
7.7%
10.9%
3.5%
9.5%
13.0%
5.0%
7.8%
12.9%
4.8%
8.1%
13.0%
5.0%
10.0%
15.0%
5.7%
10.2%
15.8%
4.5%
9.3%
13.8%
3.7%
8.2%
11.9%
3.7%
9.0%
12.7%
4.6%
12.7%
17.3%
4.8%
13.1%
17.9%
4.5%
11.7%
16.2%
4.6%
11.8%
16.4%
3.7%
12.2%
15.9%
3.2%
12.3%
15.4%
3.4%
11.4%
14.8%
3.3%
11.2%
14.5%
3.1%
11.5%
14.6%
2.8%
11.4%
14.2%
2.5%
11.2%
13.8%
2.6%
11.8%
14.4%
2.7%
11.5%
14.1%
2.5%
11.0%
13.5%
Individual Investment
Urban
Rural
Subtotal
1.2%
21.3%
22.5%
1.6%
20.7%
22.3%
2.2%
18.8%
21.0%
2.5%
19.0%
21.5%
2.8%
19.1%
21.9%
3.5%
19.2%
22.7%
3.4%
21.6%
24.9%
2.8%
19.7%
22.5%
2.5%
18.9%
21.5%
2.8%
12.8%
15.6%
2.7%
9.1%
11.8%
2.6%
8.9%
11.6%
2.8%
10.0%
12.8%
2.9%
11.1%
14.0%
3.0%
10.8%
13.7%
3.7%
9.4%
13.2%
4.7%
9.3%
14.1%
5.5%
8.8%
14.3%
6.6%
8.0%
14.6%
7.8%
7.2%
15.0%
8.1%
5.8%
13.9%
9.2%
4.8%
14.0%
11.2%
4.4%
15.6%
StateOwned
CollectiveOwned
Cooperative
Joint
Limited
Liability
Share
Holding
Private
30.0%
32.8%
0.7%
0.5%
23.9%
7.4%
17.5%
Joint
Venture
& Other
8.8%
15.8%
16.3%
17.7%
18.3%
18.0%
18.0%
21.0%
23.9%
27.9%
32.7%
36.3%
37.5%
Selfemployed
and Others
6.9%
Total
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Total
100.0%
of which: Total Energy
Industry Investment
State-Owned All Investment
14.9%
15.1%
14.4%
14.7%
14.9%
14.3%
17.1%
18.5%
17.4%
14.8%
12.0%
10.3%
10.1%
10.6%
11.7%
14.0%
10.1%
12.8%
9.9%
8.6%
12.1%
7.0%
6.0%
9.7%
5.2%
14.5%
5.2%
15.8%
5.4%
16.9%
of which : Energy Industry
Mining
Electricity, Gas
& Water
4.3%
7.8%
[1] Unlike most of the tables in Chapter 3, which mainly refer to investment in state-owned units, this table has data on collective and individual investment as well. Breakdowns of investment in units owned by collectives and
individuals are not as readily available as for state-owned units.
[2] Categories for NBS invesetment data were re-organized in 2006.
Source: NBS, China Statistical yearbook, various years; NBS, China Fixed Assets Investment Statistical Yearbook, various years; SDPC et al., 2002; NBS, China Energy Statistical Yearbook, various years.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-4
Table 3B.2. Total Energy Industry Investment by Ownership and by Subsector, 1997-2005
1. 1997, million current yuan
Ownership Type
State-Owned
Urban Collective
Joint Venture
Shareholding Corporations
Foreign-Invested
Hong Kong, Macao, & Taiwan-Invested
Total
2. 1998, million current yuan
Ownership Type
State-Owned
Urban Collective
Joint Venture
Shareholding Corporations
Foreign-Invested
Hong Kong, Macao, & Taiwan-Invested
Total
3. 2000, million current yuan[1]
Ownership Type
State-Owned
Urban Collective
Joint Venture
Shareholding Corporations
Foreign-Invested
Hong Kong, Macao, & Taiwan-Invested
Total
4. 2002, million current yuan
Ownership Type
State-Owned
Urban Collective
Joint Venture
Shareholding Corporations
Foreign-Invested
Hong Kong, Macao, & Taiwan-Invested
Total
5. 2003, million current yuan[2]
Ownership Type
State-Owned
6. 2004, million current yuan[2]
Ownership Type
State-Owned
7. 2005, million current yuan[2]
Ownership Type
State-Owned
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
36,396
69,739
25,789
330
2
300
20
9
1,523
97
2,281
1
1,283
29
Coal Gas
5,979
24
4
100
752
55
Electricity, Steam
& Hot Water
153,497
556
592
27,739
17,041
4,006
Total
291,400
1,211
625
31,739
19,076
4,090
29,690
6,913
203,431
348,141
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
26,278
72,630
19,982
451
3
382
55
2,364
130
2,983
824
113
439
Coal Gas
7,204
66
1
381
933
29
Electricity, Steam
& Hot Water
160,115
853
94
41,780
15,596
10,607
Total
286,210
1,755
150
47,639
17,353
11,188
24,610
8,614
229,046
364,295
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
19,890
35,555
9,481
251
10
601
8
243
834
42,942
5,794
7
507
27
435
374
Coal Gas
6,003
48
6
887
212
47
Electricity, Steam
& Hot Water
213,030
1,117
162
41,772
13,966
4,151
Total
283,958
2,027
420
92,229
14,692
5,035
17,000
7,204
274,198
398,361
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
23,317
15,757
9,316
452
11
297
70
21
5,854
60,863
9,834
35
3,401
47
4,862
193
Coal Gas
6,009
50
3
2,022
262
281
Electricity, Steam
& Hot Water
208,218
1,643
284
62,058
4,210
4,384
Total
262,616
2,453
378
140,631
7,908
9,768
23,062
8,628
280,797
423,754
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
31,005
23,637
8,974
Coal Gas
8,225
Electricity, Steam
& Hot Water
215,803
Total
287,644
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
41,988
30,073
18,766
Coal Gas
9,495
Electricity, Steam
& Hot Water
263,979
Total
364,301
Coal
Oil & Natural Oil Refining &
Extraction Gas Extraction
Coking
62,362
27,878
29,397
Coal Gas
11,289
Electricity, Steam
& Hot Water
345,147
Total
476,073
38,270
29,261
21,018
29,775
69,837
72,763
78,941
81,492
[1] Detailed breakouts for 1999 and 2001 have not been published.
[2] Data of energy industry investment by urban collective, joint venture, shareholding corporations, foreign-invested and Hong Kong, Macao, & Taiwan invested is not available
from 2003.
Source: NBS, China Fixed Assets Investment Statistical Yearbook, various years; SDPC et al ., 2002; NBS, China Energy Statistical Yearbook, various years.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-5
Figure 3B.1 Capital Construction Investment, 1953-2003
2,500
Energy Industry
2,000
Billion 2000 Yuan
Industry
Total
1,500
1,000
500
0
1953
1958
1963
1968
1973
1978
1983
1988
1993
1998
2003
N.B. After 2003, data on capital construction investment are not available.
Figure 3B.2. Structure of Capital Construction Investment, 1953-2003
100%
NonIndustry
Other Industry
Energy Industry
90%
80%
70%
Shares
60%
50%
40%
30%
20%
10%
0%
1953
1958
1963
1968
1973
1978
1983
1988
1993
1998
2003
N.B. After 2003, data on capital construction investment are not available.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-6
Table 3B.3. Investment in State-Owned Units: Total and Capital Construction Compared to Energy Industry Investment, 1953-2003
[1]
1. Billion Current Yuan
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Total Energy Industry
[2]
Total Investment
Investment
9.16
10.27
10.52
16.08
15.12
27.91
36.80
41.66
15.61
8.73
11.67
16.59
21.69
25.48
18.77
15.16
24.69
36.81
41.73
41.28
43.81
46.32
54.49
52.39
54.83
66.87
69.94
74.59
66.75
14.19
84.53
17.41
95.20
21.34
118.52
27.90
168.05
36.83
197.85
44.77
229.80
55.00
276.28
65.27
253.55
70.56
291.86
84.67
362.28
95.68
527.36
116.41
765.80
149.77
961.50
175.41
1089.82
202.53
1200.62
241.82
1309.17
292.40
1536.93
286.21
1594.78
296.32
1650.44
283.96
1760.70
262.16
1887.74
262.62
2166.10
287.67
Total Capital
Construction
Investment
9.04
9.91
10.04
15.53
14.33
26.90
34.97
38.87
12.74
7.13
9.82
14.41
17.96
20.94
14.02
11.31
20.08
31.26
34.08
32.80
33.81
34.77
40.93
37.64
38.24
50.10
52.35
55.89
44.29
55.55
59.41
74.32
107.44
117.61
134.31
157.43
155.17
170.38
211.58
301.27
461.55
643.67
740.36
857.08
991.70
1191.64
1245.53
1342.73
1482.01
1766.66
2290.86
Industry Capital
Energy Industry
Construction
Capital Construction
[3]
[3]
Investment
Investment
2.83
0.70
3.84
1.02
4.30
1.36
6.82
1.97
7.24
2.25
17.30
4.13
20.89
5.78
22.96
6.34
7.68
2.75
4.01
1.57
4.92
1.65
7.21
2.17
8.90
2.56
9.50
2.71
10.20
2.91
10.80
3.12
11.50
3.23
12.20
3.43
14.80
4.43
17.40
5.43
20.00
6.43
22.60
7.53
23.10
7.15
20.87
6.99
21.74
7.87
27.32
11.47
25.69
11.10
27.56
11.57
21.60
9.46
26.06
10.22
28.23
12.76
34.16
16.60
44.65
20.36
53.16
26.71
68.28
34.01
79.61
41.16
82.25
44.64
95.26
55.83
114.72
64.62
145.83
80.36
200.45
109.28
276.17
149.08
323.63
165.01
372.68
198.08
411.95
256.94
416.92
263.31
385.01
256.43
424.43
289.26
434.99
271.02
523.64
301.71
749.82
434.18
[1] Figures are for state-owned units unless otherwise noted. State investment was 67% of all fixed assets investment in 1983, 62% in 1993, and 43% in 2002 (Table 3B.2). Total investment refers to the National
Bureau of Statistics' category of "fixed assets investment," which is the sum of "capital construction," "technical updating and transformation," and "other" investments. Capital construction investments are intended
primarily for building new production capacity, while technical updating and transformation funds are for repair and retrofitting of existing capacity. Most of the "other" investment in the energy sector is for further
development of existing oilfields. All investment figures include some funds intended for "nonproductive" uses, e.g. worker housing, schools, etc.
[2] Energy industry fixed assets investment figures are for state- and urban collective-owned units, except 1989 and later years, which are for state-owned units only.
[3] For 1966-1970 and 1971-1974 only total capital construction investment figures are available (54.151 billion current yuan and 74.96 billion current yuan respectively). Here we have approximated the division of
investment funds among the years in these two periods by linear extrapolation, using the investment totals as control sums and reported investment in 1965 and 1975 as the endpoints. "Industry capital construction
investment" is part of "total capital construction investment," and "energy industry capital construction investment" is part of "industry capital construction investment."
Source: Development Research Center, Almanac of China's Economy, various years; NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research
Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-7
Table 3B.3. Investment in State-Owned Units: Total and Capital Construction Compared to Energy Industry Investment, 1953-2003 [1]
(continued)
2. Billion Constant 2000 Yuan[4]
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Total Investment
37.86
45.32
47.96
80.20
69.42
128.82
169.01
192.66
68.98
37.18
50.25
71.13
99.02
121.45
90.46
74.73
126.32
194.31
221.29
220.69
235.13
248.63
296.14
285.58
300.44
364.41
376.25
401.63
336.98
409.16
435.22
500.49
642.78
676.36
691.89
692.60
546.09
579.72
657.16
829.66
951.64
1082.28
1158.38
1227.06
1315.64
1547.62
1612.32
1650.44
1753.68
1876.46
2126.51
Total Energy Industry
[2]
Investment
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
71.66
84.26
97.56
117.84
140.89
153.04
165.59
163.63
151.97
168.18
173.55
183.14
186.11
197.44
215.27
247.15
293.85
288.20
299.58
283.96
261.12
261.05
282.41
Total Capital
Construction
Investment
37.38
43.72
45.76
77.45
65.80
124.16
160.61
179.75
56.31
30.35
42.27
61.79
82.00
99.82
67.55
55.73
102.75
164.99
180.74
175.34
181.46
186.64
222.46
205.20
209.52
273.02
281.61
300.93
223.60
268.90
271.62
313.83
410.94
402.06
404.39
394.67
334.21
338.42
383.79
473.97
573.56
724.53
786.93
875.96
996.60
1199.93
1259.23
1342.73
1476.11
1756.11
2248.99
Industry Capital
Energy Industry
Construction
Capital Construction
[3]
[3]
Investment
Investment
11.71
2.89
16.93
4.51
19.58
6.18
34.02
9.84
33.24
10.34
79.85
19.05
95.92
26.55
106.17
29.34
33.93
12.13
17.07
6.68
21.17
7.11
30.90
9.29
40.61
11.70
45.28
12.90
49.16
14.04
53.24
15.37
58.84
16.50
64.40
18.11
78.48
23.49
93.02
29.02
107.34
34.50
121.31
40.41
125.56
38.84
113.78
38.09
119.10
43.12
148.86
62.51
138.17
59.70
148.40
62.27
109.05
47.78
126.14
49.48
129.05
58.33
144.25
70.08
170.78
77.88
181.74
91.30
205.58
102.39
199.57
103.18
177.14
96.14
189.21
110.89
208.10
117.21
229.43
126.43
249.09
135.80
310.86
167.80
343.99
175.39
380.89
202.44
413.99
258.21
419.82
265.14
389.24
259.25
424.43
289.26
433.25
269.94
520.51
299.91
736.12
426.25
[1] Figures are for state-owned units unless otherwise noted. State investment was 67% of all fixed assets investment in 1983, 62% in 1993, and 43% in 2002 (Table 3B.2). Total investment refers to the National
Bureau of Statistics' category of "fixed assets investment," which is the sum of "capital construction," "technical updating and transformation," and "other" investments. Capital construction investments are intended
primarily for building new production capacity, while technical updating and transformation funds are for repair and retrofitting of existing capacity. Most of the "other" investment in the energy sector is for further
development of existing oilfields. All investment figures include some funds intended for "nonproductive" uses, e.g. worker housing, schools, etc.
[2] Energy industry fixed assets investment figures are for state- and urban collective-owned units, except 1989 and later years, which are for state-owned units only.
[3] For 1966-1970 and 1971-1974 only total capital construction investment figures are available (54.151 billion current yuan and 74.96 billion current yuan respectively). Here we have approximated the division of
investment funds among the years in these two periods by linear extrapolation, using the investment totals as control sums and reported investment in 1965 and 1975 as the endpoints. "Industry capital
construction investment" is part of "total capital construction investment," and "energy industry capital construction investment" is part of "industry capital construction investment."
[4] Data before 2003 is deflated using the investment goods deflators presented in Table 3B.13(a). Data in 2003 is calculated using deflators presented in Table 3B.13(b). Deflators in Table 3B.13(b) is generated
based on the data of GDP that is contributed by Industry only.
Source: Development Research Center, Almanac of China's Economy, various years; NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research
Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-8
Table 3B.3. Investment in State-Owned Units: Total and Capital Construction Compared to Energy Industry Investment (1953-2003) [1]
(continued)
3. Annual Growth
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Total
Investment
Total Energy
Industry
[2]
Investment
20%
6%
67%
-13%
86%
31%
14%
-64%
-46%
35%
42%
39%
23%
-26%
-17%
69%
54%
14%
0%
7%
6%
19%
-4%
5%
21%
3%
7%
-16%
21%
6%
15%
28%
5%
2%
0%
-21%
6%
13%
26%
15%
14%
7%
6%
7%
18%
4%
2%
6%
7%
13%
18%
16%
21%
20%
9%
8%
-1%
-7%
11%
3%
6%
2%
6%
9%
15%
19%
-2%
4%
-5%
-8%
0%
8%
Total Capital
Construction
Investment
17%
5%
69%
-15%
89%
29%
12%
-69%
-46%
39%
46%
33%
22%
-32%
-18%
84%
61%
10%
-3%
3%
3%
19%
-8%
2%
30%
3%
7%
-26%
20%
1%
16%
31%
-2%
1%
-2%
-15%
1%
13%
23%
21%
26%
9%
11%
14%
20%
5%
7%
10%
19%
28%
Industry Capital
Construction
[3]
Investment
Energy Industry
Capital
Construction
[3]
Investment
45%
16%
74%
-2%
140%
20%
11%
-68%
-50%
24%
46%
31%
11%
9%
8%
11%
9%
22%
19%
15%
13%
4%
-9%
5%
25%
-7%
7%
-27%
16%
2%
12%
18%
6%
13%
-3%
-11%
7%
10%
10%
9%
25%
11%
11%
9%
1%
-7%
9%
2%
20%
41%
56%
37%
59%
5%
84%
39%
10%
-59%
-45%
6%
31%
26%
10%
9%
9%
10%
9%
44%
15%
13%
6%
6%
-2%
13%
45%
-4%
4%
-23%
4%
18%
20%
12%
16%
12%
0%
-6%
15%
6%
8%
8%
23%
5%
15%
28%
3%
-2%
12%
-7%
11%
42%
[1] Figures are for state-owned units unless otherwise noted. State investment was 67% of all fixed assets investment in 1983, 62% in 1993, and 43% in 2002 (Table 3B.2). Total investment refers to the National Bureau of
Statistics' category of "fixed assets investment," which is the sum of "capital construction," "technical updating and transformation," and "other" investments. Capital construction investments are intended primarily for building new
production capacity, while technical updating and transformation funds are for repair and retrofitting of existing capacity. Most of the "other" investment in the energy sector is for further development of existing oilfields. All
investment figures include some funds intended for "nonproductive" uses, e.g. worker housing, schools, etc.
[2] Energy industry fixed assets investment figures are for state- and urban collective-owned units, except 1989 and later years, which are for state-owned units only.
[3] For 1966-1970 and 1971-1974 only total capital construction investment figures are available (54.151 billion current yuan and 74.96 billion current yuan respectively). Here we have approximated the division of investment funds
among the years in these two periods by linear extrapolation, using the investment totals as control sums and reported investment in 1965 and 1975 as the endpoints. "Industry capital construction investment" is part of "total
capital construction investment," and "energy industry capital construction investment" is part of "industry capital construction investment."
Source: Development Research Center, Almanac of China's Economy, various years; NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research Institute; NBS,
Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-9
Table 3B.3. Investment in State-Owned Units: Total and Capital Construction Compared to Energy Industry Investment, 1953-2003 [1]
(continued)
4. Shares of Total Investment
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Total Investment
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Energy
Industry
[2]
Investment
21%
21%
22%
24%
22%
23%
24%
24%
28%
29%
26%
22%
20%
18%
19%
20%
22%
19%
19%
17%
15%
14%
13%
Total Capital
Construction
Investment
99%
96%
95%
97%
95%
96%
95%
93%
82%
82%
84%
87%
83%
82%
75%
75%
81%
85%
82%
79%
77%
75%
75%
72%
70%
75%
75%
75%
66%
66%
62%
63%
64%
59%
58%
57%
61%
58%
58%
57%
60%
67%
68%
71%
76%
78%
78%
81%
84%
94%
106%
Industry Capital
Energy Industry
Construction
Capital Construction
[3]
[3]
Investment
Investment
31%
8%
37%
10%
41%
13%
42%
12%
48%
15%
62%
15%
57%
16%
55%
15%
49%
18%
46%
18%
42%
14%
43%
13%
41%
12%
37%
11%
54%
16%
71%
21%
47%
13%
33%
9%
35%
11%
42%
13%
46%
15%
49%
16%
42%
13%
40%
13%
40%
14%
41%
17%
37%
16%
37%
16%
32%
14%
31%
12%
30%
13%
29%
14%
27%
12%
27%
13%
30%
15%
29%
15%
32%
18%
33%
19%
32%
18%
28%
15%
26%
14%
29%
16%
30%
15%
31%
16%
31%
20%
27%
17%
24%
16%
26%
18%
25%
15%
28%
16%
35%
20%
[1] Figures are for state-owned units unless otherwise noted. State investment was 67% of all fixed assets investment in 1983, 62% in 1993, and 43% in 2002 (Table 3B.2). Total investment refers to the National Bureau
of Statistics' category of "fixed assets investment," which is the sum of "capital construction," "technical updating and transformation," and "other" investments. Capital construction investments are intended primarily for
building new production capacity, while technical updating and transformation funds are for repair and retrofitting of existing capacity. Most of the "other" investment in the energy sector is for further development of
existing oilfields. All investment figures include some funds intended for "nonproductive" uses, e.g. worker housing, schools, etc.
[2] Energy industry fixed assets investment figures are for state- and urban collective-owned units, except 1989 and later years, which are for state-owned units only.
[3] For 1966-1970 and 1971-1974 only total capital construction investment figures are available (54.151 billion current yuan and 74.96 billion current yuan respectively). Here we have approximated the division of
investment funds among the years in these two periods by linear extrapolation, using the investment totals as control sums and reported investment in 1965 and 1975 as the endpoints. "Industry capital construction
investment" is part of "total capital construction investment," and "energy industry capital construction investment" is part of "industry capital construction investment."
Source: Development Research Center, Almanac of China's Economy, various years; NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research Institute;
NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-10
[1]
Table 3B.4. Investment in Fixed Assets of State-Owned Units in the Energy Industry , 1981-2006
1. Billion Current Yuan
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
Coal Extraction
3.606
4.818
6.140
8.109
8.716
9.254
9.865
10.668
12.230
15.613
17.707
19.420
22.780
23.731
28.226
31.944
36.396
26.278
21.322
19.890
19.922
23.317
31.005
41.988
62.362
75.944
Coking, Coal
Gas & Coal
Products[3]
0.359
0.116
0.145
0.374
1.072
1.600
1.627
1.910
1.993
3.284
3.577
3.995
4.471
3.814
3.899
5.525
5.979
7.204
6.475
6.003
5.839
6.009
8.225
9.495
11.289
12.894
Oil & Natural Gas
Extraction
4.686
6.199
7.424
9.460
13.029
13.782
16.621
19.689
23.294
22.599
27.343
32.675
38.893
45.791
49.968
56.546
69.739
72.630
70.632
35.555
37.519
15.757
23.637
30.073
27.878
38.651
Electricity
Oil Refining & Generation & Hot Energy Industry
Coking[3]
Water Supply
Subtotal[4]
0.718
4.755
14.124
0.703
5.516
17.352
0.643
6.888
21.240
0.982
8.841
27.766
1.203
12.621
36.641
1.623
18.137
44.396
2.594
23.554
54.261
4.095
28.140
64.502
3.474
29.573
70.564
4.243
36.649
82.388
6.029
41.019
95.675
6.699
53.621
116.410
10.267
73.356
149.767
14.187
87.890
175.413
16.164
104.271
202.528
18.605
129.306
241.926
25.789
153.497
291.400
19.982
160.115
286.209
14.576
183.316
296.321
9.481
213.030
283.959
12.736
186.144
262.160
9.316
208.218
262.617
8.974
215.803
287.644
18.766
263.979
364.301
29.933
345.147
476.609
36.930
404.240
568.659
Total Industry
Investment[4]
38.043
46.743
54.662
65.353
91.365
115.982
140.715
172.653
159.701
174.758
211.321
275.947
357.157
394.825
452.620
489.128
495.810
470.330
459.106
457.868
451.627
466.713
536.065
[1] Figures before 1989 include investment in state- and urban collective-owned units. 1989 and later figures are for state-owned units only. (For comparison, 1988 investment in state-owned units in
the industrial sector was 64.3 billion yuan.) Sum of sectoral figures is slightly less than total figure because only one item in the "Other Investment" category (oilfield maintenance and development
projects, amounting to 13.5 billion yuan) was available. Investment includes capital construction, technical updating and transformation, and other investment. the former representing the majority of
investment. Sectoral breakouts of total total fixed investment in recent years have come to diverge widely from sums of investment subcategories (capital construction, and technical updating and
innovation investment), and appear to have much less comprehensive coverage than previously, in part due to restructuring of ownership (See Table 3B.2).
[3] Official statistics for 1995 and later years report coking and oil refining investment in a single category. Coking investment is small compared to oil refining.
[4] All years include investment in state-owned units only; total state-owned industry investment data were discontinued in 2004.
Source: NBS, China Statistical Yearbook, various years; NBS, China Energy Statistical Yearbook, various years; NBS, Statistical Yearbook of China'a Industrial Economy, various years; NBS, China
Fixed Assets Investment Statistical Yearbook, various years; NBS databases; Energy Research Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-11
[1]
Table 3B.4. Total Energy Industry Investment in State-Owned Units by Subsector , 1981-2006 (continued)
2. Billion Constant 2000 Yuan[2]
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
Coal Extraction
7.846
10.505
13.370
17.278
17.751
17.971
18.760
18.562
19.919
24.849
27.340
28.567
29.170
26.318
27.871
30.069
34.111
25.955
21.681
19.890
19.886
23.519
30.438
38.729
54.191
63.005
Coking, Coal
Gas & Coal
[3]
Products
0.781
0.253
0.316
0.797
2.183
3.107
3.094
3.323
3.246
5.227
5.523
5.877
5.725
4.230
3.850
5.201
5.604
7.116
6.584
6.003
5.829
6.061
8.075
8.758
9.810
10.697
Oil & Natural Gas
Extraction
10.196
13.516
16.166
20.157
26.535
26.764
31.607
34.259
37.939
35.968
42.218
48.065
49.803
50.783
49.339
53.226
65.361
71.738
71.820
35.555
37.452
15.893
23.205
27.739
24.225
32.066
Oil Refining &
[3]
Coking
1.562
1.533
1.400
2.092
2.450
3.152
4.933
7.125
5.658
6.753
9.309
9.854
13.147
15.734
15.961
17.513
24.170
19.737
14.821
9.481
12.713
9.397
8.810
17.310
26.011
30.638
Electricity
Generation &
Supply
10.346
12.027
14.999
18.838
25.704
35.222
44.791
48.963
48.166
58.330
63.334
78.876
93.933
97.472
102.959
121.715
143.862
158.148
186.398
213.030
185.810
210.018
211.859
243.491
299.924
335.366
Energy Industry
[4]
Subtotal
30.731
37.834
46.250
59.162
74.624
86.216
103.185
112.233
114.929
131.126
147.723
171.239
191.777
194.536
199.979
227.724
273.108
282.694
301.303
283.959
261.690
264.887
282.387
336.026
414.162
471.772
Total Industry
[4]
Investment
82.774
101.918
119.027
139.249
186.076
225.236
267.589
300.414
260.108
278.140
326.282
405.918
457.341
437.868
446.924
460.414
464.687
464.553
466.825
457.868
450.818
470.747
526.268
[1] Figures before 1989 include investment in state- and urban collective-owned units. 1989 and later figures are for state-owned units only. (For comparison, 1988 investment in state-owned units in
the industrial sector was 64.3 billion yuan.) Sum of sectoral figures is slightly less than total figure because only one item in the "Other Investment" category (oilfield maintenance and development
projects, amounting to 13.5 billion yuan) was available. Investment includes capital construction, technical updating and transformation, and other investment. the former representing the majority of
investment. Sectoral breakouts of total total fixed investment in recent years have come to diverge widely from sums of investment subcategories (capital construction, and technical updating and
innovation investment), and appear to have much less comprehensive coverage than previously, in part due to restructuring of ownership (See Table 3B.2).
[2] Deflated using the investment goods deflators presented in Table 3B.13(b).
[3] Official statistics for 1995 and later years report coking and oil refining investment in a single category. Coking investment I small compared to oil refining.
[4] All years include investment in state-owned units only; total state-owned industry investment data were discontinued in 2004.
Source: NBS, China Statistical Yearbook, various years; NBS, China Energy Statistical Yearbook, various years; NBS, Statistical Yearbook of China'a Industrial Economy, various years; NBS, China
Fixed Assets Investment Statistical Yearbook, various years; NBS databases; Energy Research Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-12
[1]
Table 3B.4. Total Energy Industry Investment in State-Owned Units by Subsector , 1981-2006 (continued)
3. Shares of Energy Industry Investment
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
Coal Extraction
26%
28%
29%
29%
24%
21%
18%
17%
17%
19%
19%
17%
15%
14%
14%
13%
12%
9%
7%
7%
8%
9%
11%
12%
13%
13%
Coking, Coal
Gas & Coal
[3]
Products
3%
1%
1%
1%
3%
4%
3%
3%
3%
4%
4%
3%
3%
2%
2%
2%
2%
3%
2%
2%
2%
2%
3%
3%
2%
2%
Oil & Natural Gas
Extraction
33%
36%
35%
34%
36%
31%
31%
31%
33%
27%
29%
28%
26%
26%
25%
23%
24%
25%
24%
13%
14%
6%
8%
8%
6%
7%
Oil Refining &
[3]
Coking
5%
4%
3%
4%
3%
4%
5%
6%
5%
5%
6%
6%
7%
8%
8%
8%
9%
7%
5%
3%
5%
4%
3%
5%
6%
6%
Electricity
Generation &
Supply
34%
32%
32%
32%
34%
41%
43%
44%
42%
44%
43%
46%
49%
50%
51%
53%
53%
56%
62%
75%
71%
79%
75%
72%
72%
71%
Energy Industry
[4]
Subtotal
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Energy Share of
Total Industry
[4]
Investment
37%
37%
39%
42%
40%
38%
39%
37%
44%
47%
45%
42%
42%
44%
45%
49%
59%
61%
65%
62%
58%
56%
54%
[1] Figures before 1989 include investment in state- and urban collective-owned units. 1989 and later figures are for state-owned units only. (For comparison, 1988 investment in state-owned units in
the industrial sector was 64.3 billion yuan.) Sum of sectoral figures is slightly less than total figure because only one item in the "Other Investment" category (oilfield maintenance and development
projects, amounting to 13.5 billion yuan) was available. Investment includes capital construction, technical updating and transformation, and other investment. the former representing the majority of
investment. Sectoral breakouts of total total fixed investment in recent years have come to diverge widely from sums of investment subcategories (capital construction, and technical updating and
innovation investment), and appear to have much less comprehensive coverage than previously, in part due to restructuring of ownership (See Table 3B.2).
[3] Official statistics for 1995 and later years report coking and oil refining investment in a single category. Coking investment I small compared to oil refining.
[4] All years include investment in state-owned units only; total state-owned industry investment data were discontinued in 2004.
Source: NBS, China Statistical Yearbook, various years; NBS, China Energy Statistical Yearbook, various years; NBS, Statistical Yearbook of China'a Industrial Economy, various years; NBS, China
Fixed Assets Investment Statistical Yearbook, various years; NBS databases; Energy Research Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-13
Figure 3B.3. Investment in Fixed Assets of State-Owned Units in the Energy Industry by Subsector, 19812006
500
Investment (Billion 2000 Yuan)
450
Coal Extraction
Coking, Coal Gas & Coal Products
400
Oil Refining & Coking
350
Oil & Natural Gas Extraction
300
Electricity Generation & Supply
250
200
150
100
50
0
1981
1986
1991
1996
2001
2006
Figure 3B.4. Shares of Investment in Fixed Assets of State-Owned Units in the Energy Industry by
Subsector, 1981-2006
100%
Electricity Generation & Supply
Oil Refining & Coking
80%
Oil & Natural Gas Extraction
Coking, Coal Gas & Coal Products
Coal Extraction
Shares
60%
40%
20%
0%
1981
1986
Chapter 3, Energy Industry Investment
1991
1996
China Energy Databook 7.0
2001
2006
3-14
Table 3B.5. Energy Industry Capital Construction Investment in State-Owned Units by Subsector [1], 19532006
1. Billion Current Yuan
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Coal
0.358
0.457
0.595
0.805
0.753
1.624
2.174
2.454
1.561
0.885
0.822
0.922
0.771
0.800
0.900
0.900
1.000
1.000
1.300
1.600
2.000
2.300
1.865
1.654
2.258
3.180
3.186
3.347
2.315
2.985
4.007
5.514
5.511
5.770
5.960
6.350
7.051
9.882
11.658
12.685
15.305
16.498
18.939
21.654
26.603
18.201
12.488
11.634
9.472
11.191
19.310
Coke & Coal
Products[5]
0.009
0.030
0.049
0.018
0.051
0.055
0.333
0.058
0.018
0.008
0.007
0.005
0.001
0.007
0.013
0.019
0.025
0.031
0.029
0.029
0.029
0.029
0.060
0.027
0.063
0.087
0.106
0.066
0.340
0.085
0.105
0.320
0.746
0.917
1.103
1.187
1.451
2.424
2.591
2.909
3.400
2.926
3.673
4.646
5.625
6.462
6.122
5.680
6.082
6.833
11.430
Oil and Natural
Gas[2,5]
0.070
0.142
0.177
0.426
0.383
0.398
0.520
0.868
0.404
0.320
0.430
0.592
0.622
0.700
0.700
0.800
0.800
0.900
1.200
1.500
1.800
2.200
2.156
1.909
2.076
3.112
2.707
3.338
2.795
2.530
2.902
3.063
3.317
3.861
5.855
8.646
9.351
10.066
12.591
15.798
23.065
26.309
29.983
34.360
48.979
44.797
38.822
45.239
57.448
61.101
146.731
Electric
Power[3]
0.262
0.392
0.535
0.724
1.065
2.050
2.755
2.964
0.763
0.356
0.391
0.648
1.168
1.200
1.300
1.400
1.400
1.500
1.900
2.300
2.600
3.000
3.065
3.398
3.472
5.091
5.099
4.814
4.014
4.623
5.746
7.699
10.786
16.160
21.088
24.973
26.785
33.455
37.775
48.969
67.513
103.342
112.415
137.419
175.734
193.853
198.996
226.708
198.016
222.584
256.709
Total[4]
0.699
1.021
1.356
1.973
2.252
4.127
5.782
6.344
2.746
1.569
1.650
2.167
2.562
2.707
2.913
3.119
3.225
3.431
4.429
5.429
6.429
7.529
7.146
6.988
7.869
11.470
11.098
11.565
9.464
10.223
12.760
16.596
20.360
26.708
34.006
41.156
44.638
55.827
64.615
80.361
109.283
149.075
165.010
198.079
256.941
263.313
256.428
289.261
271.018
301.709
434.180
Billion Current Yuan
Energy Industry Fixed Assets in Urban Area by Subsector (2004-2006) [6]
Year
2004
2005
2006
Coal
69.04
116.29
145.90
Coke & Coal
Products[5]
20.98
27.46
33.15
Oil and Natural
Gas[2,5]
175.02
226.49
276.15
Electric
Power[3]
485.44
650.32
727.43
Total[4]
750.48
1,020.56
1,182.63
[1] For state-owned units only. Official statistics for energy investment for 1966-1970 and 1971-1974 are not available for individual years. Here we have approximated
the division of investment funds among the years in these two periods by linear extrapolation, using the investment totals for each period as control sums and reported
investment in 1965 and 1975 as the endpoints. Investment figures are deflated using the investment goods deflators in Table 3B.13.
[2] Includes investments in refining. From 2003, this category includes nuclear fuel.
[3] Include investment in steam and hot water supply for 1988 and later years.
[4] Totals for 1985-1990 differ from official data because, for consistency with previous years, we exclude electricity sector investment in steam and hot water supply (which
in 1989 amounted to 322 million yuan).
[5] The China Statistical Yearbooks for 1995 and later years report coking and oil refining investment in a single category. However, statistics published in the NBS volume
"Statistics on Investment in Fixed Assets of China, 1950-2000" allow separation by industry up to 2000. For later years, "Coke& Coal Products" includes only coal gas, and
the relatively small amount of coking investment is included in the "Oil & Natural Gas" column.
[6] From 2004, the total size of the investment is categorized by subsectors and in urban areas only, rather than by ownership.
Source: NBS, Energy Statistical Yearbook of China, various years; NBS, Statistical Yearbook of China, various years; Energy Research Institute; NBS, Statistics on
Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-15
[1]
Table 3B.5. Energy Industry Capital Construction Investment in State-Owned Units by Subsector , 1953-2006
(continued)
[7]
2. Billion Constant 2000 Yuan
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Coal
1.48
2.02
2.71
4.02
3.46
7.50
9.98
11.35
6.90
3.77
3.54
3.95
3.52
3.81
4.34
4.44
5.12
5.28
6.89
8.55
10.73
12.35
10.14
9.02
12.37
17.33
17.14
18.02
11.69
14.45
18.32
23.29
21.08
19.73
17.94
15.92
15.19
19.63
21.15
19.96
19.02
18.57
20.13
22.13
26.73
18.33
12.63
11.63
9.43
11.12
18.96
Coke & Coal Oil and Natural
Products[5]
Gas[2]
0.04
0.29
0.13
0.63
0.22
0.81
0.09
2.12
0.23
1.76
0.25
1.84
1.53
2.39
0.27
4.01
0.08
1.79
0.03
1.36
0.03
1.85
0.02
2.54
0.00
2.84
0.03
3.34
0.06
3.37
0.09
3.94
0.13
4.09
0.16
4.75
0.15
6.36
0.16
8.02
0.16
9.66
0.16
11.81
0.33
11.72
0.15
10.41
0.35
11.38
0.47
16.96
0.57
14.56
0.36
17.97
1.72
14.11
0.41
12.25
0.48
13.27
1.35
12.93
2.85
12.69
3.13
13.20
3.32
17.63
2.98
21.67
3.13
20.14
4.81
19.99
4.70
22.84
4.58
24.85
4.23
28.66
3.29
29.61
3.90
31.87
4.75
35.12
5.65
49.22
6.51
45.11
6.19
39.25
5.68
45.24
6.06
57.22
6.79
60.74
11.22
144.05
Electric
Power[3]
1.08
1.73
2.44
3.61
4.89
9.46
12.65
13.71
3.37
1.52
1.68
2.78
5.33
5.72
6.27
6.90
7.16
7.92
10.08
12.30
13.95
16.10
16.66
18.52
19.02
27.74
27.43
25.92
20.26
22.38
26.27
32.51
41.26
55.24
63.49
62.61
57.69
66.45
68.52
77.04
83.90
116.32
119.49
140.45
176.60
195.20
201.18
226.71
197.23
221.25
252.02
Total[4]
2.89
4.51
6.18
9.84
10.34
19.05
26.55
29.34
12.13
6.68
7.11
9.29
11.70
12.90
14.04
15.37
16.50
18.11
23.49
29.02
34.50
40.41
38.84
38.09
43.12
62.51
59.70
62.27
47.78
49.48
58.33
70.08
77.88
91.30
102.39
103.18
96.14
110.89
117.21
126.43
135.80
167.80
175.39
202.44
258.21
265.14
259.25
289.26
269.94
299.91
426.25
Billion Constant 2000 Yuan [7]
Energy Industry Fixed Assets in Urban Area by Subsector (2004-2006)
Year
2004
2005
2006
Coal
63.68
101.05
121.04
Coke & Coal Oil and Natural
Products[5]
Gas[2]
19.35
161.44
23.86
196.81
27.50
229.10
Electric
Power[3]
447.76
565.11
603.49
Total[4]
692.23
886.84
981.14
[1] For state-owned units only. Official statistics for energy investment for 1966-1970 and 1971-1974 are not available for individual years. Here we have approximated the division of
investment funds among the years in these two periods by linear extrapolation, using the investment totals for each period as control sums and reported investment in 1965 and 1975 as
the endpoints. Investment figures are deflated using the investment goods deflators in Table 3B.13.
[2] Includes investments in refining.
[3] Include investment in steam and hot water supply for 1988 and later years.
[4] Totals for 1985-1990 differ from official data because, for consistency with previous years, we exclude electricity sector investment in steam and hot water supply (which in 1989
amounted to 322 million yuan).
[5] The China Statistical Yearbooks for 1995 and later years report coking and oil refining investment in a single category. However, statistics published in the NBS volume "Statistics on
Investment in Fixed Assets of China, 1950-2000" allow separation by industry up to 2000. For later years, "Coke& Coal Products" includes only coal gas, and the relatively small amount
of coking investment is included in the "Oil & Natural Gas" column.
[6] From 2004, the total size of the investment is categorized by subsectors and in urban areas only, rather than by ownership.
[7] 1953-2002 deflators are from Table 3B.10(a). 2002-2006 deflators are from Table 3B.10(b).
Source: NBS, Energy Statistical Yearbook of China, various years; NBS, Statistical Yearbook of China, various years; Energy
Research Institute; NBS, Statistics on Investment in Fixed Assets, 1950-2000.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-16
Figure 3B.5. Capital Construction Investment in State-Owned Units in the Energy Industry by Subsector, 1953-2003
450
400
350
Electricity Generation
300
Billion 2000 Yuan
Petroleum and Natural Gas
250
Coke & Coal Products
Coal Mining & Processing
200
150
100
50
0
1953
1958
1963
1968
1973
1978
1983
1988
1993
1998
2003
N.B. After 2003, data on state-owned units are not available.
Figure 3B.6. Subsectoral Shares of Energy Industry Capital Construction Investment in State-Owned Units, 19532003
100%
90%
Electricity Generation
80%
Petroleum and Natural Gas
Coke & Coal Products
70%
Coal Mining & Processing
Shares
60%
50%
40%
30%
20%
10%
0%
1953
1958
1963
1968
1973
1978
1983
1988
1993
1998
2003
N.B. After 2003, data on state-owned units are not available.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-17
Table 3B.6. Energy Industry Technical Updating & Transformation Investment by Subsector and Purpose[1], 1981-2003
1. Billion Current Yuan
Sector/Purpose
Coal subtotal
extraction
processing
1981
1.29
1.28
0.01
1982
1.35
1.34
0.01
1983
1.60
1.58
0.01
1984
1.74
1.72
0.02
1985
2.43
2.42
0.01
1986
2.75
2.73
0.02
1987
3.02
3.00
0.02
1988
3.47
3.45
0.02
1989
4.31
4.27
0.04
1990
4.75
1991
5.21
1992
5.81
1993 1994
6.56 6.37
1995
8.40
1996 1997
9.45 9.97
1998
9.40
1999
8.42
2000 2001
7.62 10.29
Coke, Coal Gas & Products 0.02
0.03
0.04
0.05
0.30
0.63
0.52
0.71
0.54
0.86
0.99
1.09
1.11
1.04
1.42
1.45
1.64
1.30
Oil & Natural Gas subtotal
extraction
refining
2.61
2.37
0.24
1.95
1.64
0.31
2.86
2.52
0.34
1.28
0.79
0.48
1.49
0.92
0.58
1.71
1.03
0.68
2.15
1.18
0.96
4.28
2.76
1.52
3.92
2.60
1.32
3.71
1.97
1.73
4.22
1.95
2.27
3.31
0.84
2.46
8.44 13.67
4.82 8.09
3.62 5.58
17.62 20.06 25.54 28.58 24.03 38.64 42.81
9.37 10.05 11.30 18.08 13.80 25.65 26.66
8.25 10.01 14.24 10.50 10.23 12.99 16.16
39.14 45.21
25.51 26.18
13.63 19.03
Electric Power subtotal
generation
distribution
steam & hot water
0.74
0.35
0.39
0.89
0.44
0.45
1.14
0.53
0.62
1.14
0.53
0.61
1.38
0.67
0.68
0.03
1.82
0.89
0.89
0.04
2.25
1.04
1.13
0.09
2.88
1.41
1.38
0.09
2.79
1.43
1.30
0.06
3.19
1.85
1.28
0.06
3.24
4.65
7.35 12.18
18.18 21.87 23.48 29.43 41.47 43.82 43.66
53.47
Total[2]
4.66
4.22
5.63
4.21
5.59
6.91
7.93
11.34
11.56
12.51
13.66
14.86 23.45 33.30
45.24 52.79 60.08 68.85 75.57 91.37 98.06 110.01 131.16
1981
6.52
6.45
0.07
1982
6.51
6.47
0.04
1983
7.29
7.23
0.06
1984
7.34
6.57
0.07
1985
9.28
9.26
0.02
1986
9.39
9.34
0.05
1987
9.08
9.03
0.05
1988
8.71
8.65
0.06
1989
9.28
9.20
0.08
1990
9.44
1991
9.45
1992
9.14
1993 1994
8.15 7.17
1995
8.93
1996 1997
9.65 10.02
1998
9.46
1999
8.51
2000 2001
7.62 10.24
Coke, Coal Gas & Products 0.10
0.14
0.18
0.14
1.13
2.15
1.58
1.77
1.17
1.71
1.79
1.71
1.38
1.10
1.45
1.46
1.66
1.30
Oil & Natural Gas subtotal 13.17
extraction
11.97
refining
1.20
9.44
7.93
1.51
13.06
11.52
1.55
2.53
1.44
0.76
5.70
3.50
2.20
5.85
3.53
2.32
6.46
3.56
2.89
10.73
6.93
3.80
8.44
5.59
2.85
7.36
3.92
3.44
7.65
3.53
4.12
Electric Power subtotal
generation
distribution
steam & hot water
3.74
1.78
1.96
0.00
4.32
2.13
2.19
0.00
5.22
2.40
2.82
0.00
1.29
0.56
0.63
0.00
5.28
2.56
2.62
0.10
6.23
3.04
3.04
0.15
6.77
3.13
3.39
0.26
7.22
3.53
3.46
0.23
6.00
3.08
2.80
0.13
6.34
3.68
2.55
0.12
5.88
23.53
20.41
25.76
4.26
21.39
23.61
23.89
28.42
24.89
24.85
24.78
1.09
1.09
1.30
2002
15.98
2003
19.46
1.43
2.45
64.04
2. Billion Constant 2000 Yuan[3]
Sector/Purpose
Coal subtotal
extraction
processing
Total[2]
2002
15.88
2003
19.10
1.30
1.42
2.41
5.20 10.48 15.38
1.33 5.99 9.11
3.88 4.49 6.28
18.73 20.50 25.67 28.78 24.30 38.64 42.64
9.96 10.27 11.36 18.20 13.95 25.65 26.55
8.77 10.23 14.31 10.58 10.34 12.99 16.09
38.90
25.36
13.55
44.38
25.70
18.68
7.32
19.33 22.35 23.59 29.63 41.93 43.82 43.49
53.15
62.86
1.23
9.13 13.70
23.37 29.14 37.49
1.10
48.08 53.95 60.38 69.33 76.40 91.37 97.67 109.35 128.76
[1] Figures refer to investment in state-and urban collective-owned units only.
[2] From 1984-1989 about 85% of technical updating and transformation investment was for "productive" purposes, i.e., directly related to production. The balance went for "nonproductive" purposes, such as construction of schools, hospitals, housing and other workforce social
welfare facilities.
[3] 1981-2002 deflators are presented in Table 3B.13(a). 2003 deflator is presented in Table 3B.13(b).
Source: NBS, China Energy Statistical Yearbook,various years; NBS, China Statistical Yearbook, various years; Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-18
Table 3B.6. Energy Industry Technical Updating & Transformation Investment by Subsector and Purpose [1], 1981-2003 (continued)
3. Shares of Total
Sector/Purpose
Coal subtotal
extraction
processing
1981
28%
27%
0%
1982
32%
32%
0%
1983
28%
28%
0%
1984
41%
41%
0%
1985
43%
43%
0%
1986
40%
40%
0%
1987
38%
38%
0%
1988
31%
30%
0%
1989
37%
37%
0%
1990
38%
1991
38%
1992
39%
0%
1%
1%
1%
5%
9%
7%
6%
5%
7%
7%
7%
Oil & Natural Gas subtotal
extraction
refining
56%
51%
5%
46%
39%
7%
51%
45%
6%
30%
19%
11%
27%
16%
10%
25%
15%
10%
27%
15%
12%
38%
24%
13%
34%
22%
11%
30%
16%
14%
31%
14%
17%
Electric Power subtotal
generation
distribution
steam & hot water
16%
8%
8%
21%
10%
11%
20%
9%
11%
27%
13%
15%
25%
12%
12%
0%
26%
13%
13%
1%
28%
13%
14%
1%
25%
12%
12%
1%
24%
12%
11%
1%
26%
15%
10%
0%
24%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Coke, Coal Gas & Products
Total[2]
1993 1994
28% 19%
5%
1995
19%
1996 1997
18% 17%
1999
11%
2000
8%
2001
10%
2002
15%
2003
15%
2%
2%
2%
1%
1%
1%
2%
3%
2%
22%
6%
17%
36% 41%
21% 24%
15% 17%
39%
21%
18%
38% 43%
19% 19%
19% 24%
42%
26%
15%
32%
18%
14%
42%
28%
14%
44%
27%
16%
36%
23%
12%
34%
20%
15%
31%
31%
40%
41%
43%
55%
48%
45%
49%
49%
37%
3%
1998
14%
39%
100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
100% 100%
[1] Figures refer to investment in state-and urban collective-owned units only.
[2] From 1984-1989 about 85% of technical updating and transformation investment was for "productive" purposes, i.e., directly related to production. The balance went for "nonproductive" purposes, such as construction of schools, hospitals, housing and other workforce social
welfare facilities.
[3] 1981-2002 deflators are presented in Table 3B.13(a). 2003 deflator is presented in Table 3B.13(b).
Source: NBS, China Energy Statistical Yearbook,various years; NBS, China Statistical Yearbook, various years; Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-19
Figure 3B.7. Technical Updating and Transformation Investment in Energy Industries, 1981-2003
140
120
Electricity Generation
Billion 2000 Yuan
100
Petroleum & Natural Gas
Coke, Coal Gas & Products
Coal Mining & Processing
80
60
40
20
0
1981
1984
1987
1990
1993
1996
1999
2002
N.B. After 2003, data on state-owned units are not available.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-20
Table 3B.7. Total Technical Updating and Transformation Investment by Investment Category [1], 1981-2005
1. Billion Current Yuan
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
Energy
Conservation
0.78
1.20
1.33
1.74
1.74
2.27
2.59
3.05
2.52
2.73
3.35
4.14
4.96
7.99
9.29
8.07
10.22
10.31
14.88
16.37
19.81
22.93
Technical Updating and Transformation Investment
Residential
Waste
Environmental
Energy
[3]
Management
Protection
Conservation
0.27
1.35
0.41
2.25
0.44
1.44
0.61
2.10
0.83
0.91
1.01
1.18
1.43
1.68
1.50
1.48
1.96
2.33
3.21
4.57
4.75
6.12
6.46
7.12
8.91
12.04
11.15
11.17
[2]
[4]
Other
18.16
23.20
27.21
28.29
42.17
59.47
71.84
93.22
74.85
77.34
95.06
137.31
Subtotal
19.53
25.04
29.11
30.93
44.91
62.92
75.86
97.95
78.88
83.02
102.32
146.11
Total
Investment
66.75
84.53
95.20
118.52
168.05
197.85
229.80
276.28
253.55
291.86
362.28
527.36
765.80
961.50
1,089.82
1,200.62
1,309.17
1,536.93
1,594.78
1,650.44
1,760.70
1,887.74
2,166.10
2,502.76
2,966.69
[1] Includes only funds actually invested in state-owned units, not investment targets. Includes investment in all sectors (see following table for breakdown by sectors). About half of investment in this category goes for
expansion or replacement of existing production capacity, and most ofthe rest is devoted to product development (increasing variety and improving quality) and "nonproductive" construction (e.g. housing, schools, and
hospitals). We believe this includes the great majority of this category of investment in China's industry.
[2] From 2003, data of updating and transformation investment is not available in China Statistical Yearbook. The total investment amount is available.
[3] Referred to in Chinese sources as "zhili sanfei ", or management of the "three wastes", which are: waste water; waste gases, including soot,"industrial dust" and sulfur dioxide; and "waste residue" (presumably solid
waste).
[4] The bulk of investment funds in the technical updating and transformation category are used for the replacement or renovation of industrial equipment.
Source: SPC, Handbook of Comprehensive Resource Utilization, 1991; NBS, China Statistical Yearbook, various years; Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-21
Table 3B.7. Total Technical Updating and Transformation Investment by Investment Category [1], 1981-2005 (continued)
2. Billion Constant 2000 Yuan
Year
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
[5]
Energy
Conservation
3.93
5.80
6.07
7.33
6.64
7.78
7.80
7.66
5.44
5.42
6.08
6.51
6.16
9.00
9.87
8.24
10.27
10.38
15.05
16.37
19.73
22.79
Technical Updating and Transformation Investment
Residential
Waste
Environmental
Energy
[3]
Management
Protection
Conservation
1.34
6.82
1.99
10.89
2.00
6.58
2.58
8.87
3.51
3.47
3.86
4.03
4.31
4.21
3.23
2.93
3.55
3.67
3.99
5.14
5.05
6.26
6.49
7.17
9.01
12.04
11.10
11.10
[4]
Other
91.68
112.31
124.37
119.46
161.29
203.30
216.29
233.69
161.22
153.61
172.44
216.01
Subtotal
98.59
121.19
133.10
130.61
171.79
215.10
228.40
245.56
169.89
164.90
185.61
229.87
Total
Investment
336.98
409.16
435.22
500.49
642.78
676.36
691.89
692.60
546.09
579.72
657.16
829.66
951.64
1,082.28
1,158.38
1,227.06
1,315.64
1,547.62
1,612.32
1,650.44
1,753.68
1,876.46
2,126.51
2,308.51
2,577.98
[1] Includes only funds actually invested in state-owned units, not investment targets. Includes investment in all sectors (see following table for breakdown by sectors). About half of investment in this category goes for
expansion or replacement of existing production capacity, and most ofthe rest is devoted to product development (increasing variety and improving quality) and "nonproductive" construction (e.g. housing, schools, and
hospitals). We believe this includes the great majority of this category of investment in China's industry.
[2] From 2003, data of updating and transformation investment is not available in China Statistical Yearbook. The total investment amount is available.
[3] Referred to in Chinese sources as "zhili sanfei ", or management of the "three wastes", which are: waste water; waste gases, including soot,"industrial dust" and sulfur dioxide; and "waste residue" (presumably solid
waste).
[4] The bulk of investment funds in the technical updating and transformation category are used for the replacement or renovation of industrial equipment.
[5] Data from 1981 to 2002 are deflated using the deflators presented in Table 3B.13(a). Data from 2003 to 2005 are deflated using the deflators in Table 3B.13(b). Deflators in Table 3B.13(b) is generated based on the data
of GDP that is contributed by Industry only.
Source: SPC, Handbook of Comprehensive Resource Utilization, 1991; NBS, China Statistical Yearbook, various years; Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-22
Table 3B.8. Capital Construction Investment in Energy Conservation , 1981-2003
I. Billion Current Yuan
Year
1981
1982
1983[1]
1984[1]
1985[1]
1986
1987
1988
1989
1990
1991[1]
1992[1]
1993[1]
1994[1]
1995[1]
1996
1997
1998
1999[2]
2000
2001
2002
2003
Energy
Supply
Investment
14.17
17.39
21.31
27.85
36.28
44.15
54.03
64.00
70.56
82.39
95.68
116.41
149.77
175.41
202.53
241.93
291.40
286.21
Energy
Energy
Total
Conservation
Conservation
Energy
Capital Construction Technical Updating Conservation
Investment[1]
Investment
Investment
0.59
0.90
1.49
0.89
1.20
2.09
1.48
1.33
2.81
1.48
1.74
3.22
1.48
1.74
3.22
1.65
2.27
3.93
2.09
2.59
4.68
2.44
3.05
5.49
2.46
2.52
4.99
2.67
2.73
5.40
5.06
3.35
8.41
5.06
4.14
9.20
5.06
4.96
10.02
5.06
7.99
13.06
5.06
9.29
14.35
8.07
10.22
10.31
283.96
262.16
262.62
287.67
[1] Only the sum of investment for the period 1983-1985 and 1991-1995 was available. The total was divided equally among
each period (estimates in italics).
[2] Data of 1999 is not available. From 2000 to 2003, only energy supply investment is available.
Source: NBS, China Statistical Yearbook, various years; SPC, Handbook of Comprehensive Resource Utilization, 1991;
Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-23
Table 3B.8. Capital Construction Investment in Energy Conservation, 1981-2003
(continued)
2. Billion Constant 2000 Yuan[3]
Year
1981
1982
1983[1]
1984[1]
1985[1]
1986
1987
1988
1989
1990
1991[1]
1992[1]
1993[1]
1994[1]
1995[1]
1996
1997
1998
1999[2]
2000
2001
2002
2003
Energy
Supply
Investment
71.54
84.19
97.44
117.61
138.75
150.92
162.67
160.45
151.98
163.64
173.55
183.14
186.11
197.45
215.27
247.25
292.84
288.20
Energy
Energy
Total
Conservation
Conservation
Energy
Captial Construction Technical Updating Conservation
Investment[1]
Investment
Investment
2.99
4.53
7.53
4.30
5.80
10.10
6.77
6.07
12.84
6.25
7.33
13.58
5.66
6.64
12.31
5.65
7.78
13.42
6.29
7.80
14.09
6.11
7.66
13.77
5.30
5.44
10.74
5.30
5.42
10.72
9.19
6.08
15.26
7.97
6.51
14.48
6.29
6.16
12.45
5.70
9.00
14.70
5.38
9.87
15.25
8.24
10.27
10.38
283.96
261.69
264.89
282.41
[1] Only the sum of investment for the period 1983-1985 and 1991-1995 was available. The total was divided equally among
each period (estimates in italics).
[2] Data of 1999 is not available. From 2000 to 2003, only energy supply investment is available.
[3] Before 2003, deflators are presented in Table 3B.13(a). Data in 2003 are calculated using deflators presented in Table
3B.13(b). Deflators in Table 3B.13(b) is generated based on the data of GDP that is contributed by industry only.
Source: NBS, China Statistical Yearbook, various years; SPC, Handbook of Comprehensive Resource Utilization, 1991;
Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-24
Table 3B.8. Capital Construction Investment in Energy Conservation, 1981-1995
(continued)
3. Shares of Total Energy Investment
Year
1981
1982
1983[1]
1984[1]
1985[1]
1986
1987
1988
1989
1990
1991[1]
1992[1]
1993[1]
1994[1]
1995[1]
Energy
Supply
Investment
90.5%
89.3%
88.4%
89.6%
91.9%
91.8%
92.0%
92.1%
93.4%
93.9%
91.9%
92.7%
93.7%
93.1%
93.4%
Energy
Energy
Total
Conservation
Conservation
Energy
Captial Construction Technical Updating Conservation
Investment
Investment
Investment
3.8%
5.7%
9.5%
4.6%
6.1%
10.7%
6.1%
5.5%
11.6%
4.8%
5.6%
10.4%
3.8%
4.4%
8.1%
3.4%
4.7%
8.2%
3.6%
4.4%
8.0%
3.5%
4.4%
7.9%
3.3%
3.3%
6.6%
3.0%
3.1%
6.1%
4.9%
3.2%
8.1%
4.0%
3.3%
7.3%
3.2%
3.1%
6.3%
2.7%
4.2%
6.9%
2.3%
4.3%
6.6%
[1] Only the sum of investment for the period 1983-1985 and 1991-1995 was available. The total was divided equally among
each period (estimates in italics).
Source: NBS, China Statistical Yearbook, various years; SPC, Handbook of Comprehensive Resource Utilization, 1991;
Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-25
Table 3B.9. Newly Increased Production Capacity, 1981-2006
1. Newly Increased Production Capacity (2001-2006) [1]
Generating Capacity
2001
2002
2003
2004
2005
2006
Coal
Mining
(Mt/yr)
27.2
34.19
74.43
154.41
183.77
226.48
Coal
Washing
(Mt/yr)
Coking
(Mt/yr)
10.14
11.69
40.92
92.84
73.37
51.13
Petroleum
Extraction
(Mt/yr)
19.31
25.41
17.16
24.68
23.88
16.02
Natural Gas
Extracton
(bcm/yr)
1.8
16.4
5.4
11.400
12.900
7.600
Thermal
(MW)
12,610
33,170
21,390
36,980
52,760
80,190
Hydro
(MW)
5,340
5,230
12,680
11,080
12,790
12,950
[2]
Other
(MW)
1,550
4,940
130
3,100
1,690
4,300
Total
(MW)
19,500
43,340
34,200
51,160
67,240
97,440
[1] Since 2004, NBS changed the way to categorize the newly increased production capacity. This includes both state-owned and non-stated-onwed enterprises.
[2] Other power includes nulcear pwer.
Source: NBS, China Statistical Yearbook, various years.
2. Increments from Capital Construction Investment of State-Owned Enterprises
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Coal
Mining
(Mt/yr)
13.73
8.20
18.52
24.35
16.47
21.05
21.06
33.02
28.45
23.36
33.40
27.92
13.05
9.55
23.31
16.94
30.02
9.69
23.47
22.55
14.88
18.19
40.14
Coal
Washing
(Mt/yr)
2.25
2.55
7.75
5.00
6.66
13.30
11.70
4.45
19.60
11.81
6.95
2.96
3.96
6.73
1.01
Coking
(Mt/yr)
0.78
0.70
0.60
Petroleum
Extraction
(Mt/yr)
5.19
6.37
8.11
13.97
17.37
15.49
16.40
15.81
16.50
13.24
13.09
14.52
15.43
15.45
16.35
9.03
12.46
8.35
9.50
9.20
15.63
22.33
14.65
Refinery Capacity
Distillation
Cracking
(Mt/yr)
(Mt/yr)
0.20
5.00
16.70
1.24
1.80
5.50
Natural Gas
Extracton
(bcm/yr)
0.622
0.627
0.475
0.547
1.080
0.537
0.440
1.350
0.531
0.707
0.721
1.068
1.041
1.164
0.953
0.300
0.300
1.500
Generating Capacity
Hydro
Thermal
& Other
(MW)
(MW)
1,523
1,117
2,053
890
3,417
1,074
2,688
1,091
5,871
506
5,410
1,228
6,071
2,674
2,338
8,832
8,961
1,648
7,726
1,430
9,360
2,013
10,940
2,849
9,385
4,062
8,050
6,048
10,650
3,740
13,600
3,730
10,260
3,690
15,490
4,500
14,240
6,290
15,600
4,520
12,970
2,900
8,080
1,480
15,570
11,990
Total
(MW)
2,640
2,943
4,491
3,779
6,376
6,638
8,744
11,170
10,609
9,156
11,373
13,789
13,447
14,098
14,420
17,410
13,980
20,000
20,520
20,120
15,870
11,930
27,590
Source: NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research Institute.
3. Increments from Technical Updating and Transformation Investment of State-Owned Enterprises
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
Coal
Mining
(Mt/yr)
3.32
4.28
4.48
5.31
4.16
4.10
3.45
2.74
2.95
3.41
1.64
2.73
3.61
2.80
4.77
4.56
5.30
6.80
9.01
6.14
7.41
13.53
Coal
Washing
(Mt/yr)
1.01
3.37
0.90
0.60
1.12
1.93
1.21
0.27
3.56
1.43
2.16
1.61
1.13
0.59
7.73
2.54
4.08
Coking
(Mt/yr)
0.26
0.33
1.02
1.13
0.80
1.14
0.74
1.53
1.74
1.25
Petroleum
Extraction[3]
(Mt/yr)
3.58
3.20
2.69
0.16
0.10
0.05
0.86
1.64
0.61
0.91
0.04
1.23
0.23
0.71
0.14
0.39
0.76
0.35
3.40
2.36
2.77
Refinery Capacity
Distillation
Cracking
(Mt/yr)
(Mt/yr)
0.308
0.053
0.153
0.144
0.550
0.000
0.850
0.401
0.900
0.313
0.784
0.241
1.060
0.480
0.850
0.961
1.153
1.048
3.334
2.135
4.280
1.350
0.530
1.862
2.530
1.670
4.270
2.520
0.730
0.840
1.190
2.970
4.650
1.480
Natural Gas
Extracton
(bcm/yr)
0.300
1.000
Thermal
(MW)
186
39
70
122
79
369
330
420
266
761
513
680
702
889
1,310
2,090
1,810
1,420
1,590
1,570
1,810
2,400
Generating Capacity
Cogeneration
Hydro
& Other
(MW)
(MW)
78
82
80
52
87
53
38
64
42
45
46
72
53
52
61
113
50
108
153
139
166
138
87
100
260
45
114
630
270
190
30
90
50
1,050
770
530
50
280
1,560
1,890
1,520
Total[4]
(MW)
346
172
210
223
165
487
570
622
445
1,095
824
868
1,007
1,074
2,211
2,310
1,940
3,230
2,170
3,410
5,220
2,400
[3] Includes increased capacity from oilfield conservation and development funds.
[4] For 1987-1991 there is an unexplained discrepancy between total new generating capacity and the sum of the categories.
Source: NBS, China Energy Statistical Yearbook, various years; NBS, China Statistical Yearbook, various years; Energy Research Institute.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-26
Table 3B.10(a). Investment Goods Deflators [1], 1953-2002
Year
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002[2]
Preceding year = 1
0.937
0.968
0.914
1.086
0.995
1.005
0.993
1.047
1.038
0.989
1.004
0.939
0.958
0.989
0.978
0.963
0.969
0.995
0.992
0.996
1.000
0.988
0.997
0.995
1.005
1.013
0.999
1.067
1.043
1.059
1.083
1.104
1.119
1.135
1.201
1.164
1.084
1.095
1.153
1.266
1.104
1.059
1.040
1.017
0.998
0.996
1.011
1.004
1.002
1980 = 1
1.303
1.220
1.181
1.080
1.173
1.167
1.172
1.164
1.218
1.264
1.250
1.256
1.179
1.130
1.117
1.092
1.052
1.020
1.015
1.007
1.003
1.003
0.991
0.988
0.983
0.988
1.001
1.000
1.067
1.112
1.178
1.275
1.408
1.575
1.788
2.148
2.500
2.711
2.968
3.423
4.333
4.784
5.066
5.268
5.358
5.347
5.326
5.384
5.406
5.417
1990 = 1
0.481
0.450
0.436
0.398
0.433
0.430
0.432
0.430
0.449
0.466
0.461
0.463
0.435
0.417
0.412
0.403
0.388
0.376
0.375
0.372
0.370
0.370
0.365
0.364
0.362
0.364
0.369
0.369
0.393
0.410
0.434
0.470
0.519
0.581
0.660
0.792
0.922
1.000
1.095
1.263
1.598
1.765
1.869
1.943
1.976
1.973
1.965
1.986
1.994
1.998
2000 = 1
0.242
0.227
0.219
0.200
0.218
0.217
0.218
0.216
0.226
0.235
0.232
0.233
0.219
0.210
0.207
0.203
0.195
0.189
0.189
0.187
0.186
0.186
0.184
0.183
0.182
0.183
0.186
0.186
0.198
0.207
0.219
0.237
0.261
0.293
0.332
0.399
0.464
0.503
0.551
0.636
0.805
0.888
0.941
0.978
0.995
0.993
0.989
1.000
1.004
1.006
[1] Figures for 1980-1989 are from Naughton, 1992. Figure for 1990 calculated based on the method described in Naughton, 1992, based
on construction price statistics. Figures for later years are reported in the China Statistical Yearbook, various years.
[2] These data have not been updated for 2003 or thereafter.
Source: NBS, China Statistical Yearbook, various years; NBS, China Construction Industry Statistical Materials, 1993; Naughton, 1992.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-27
Talbe 3B.10(b). Industry GDP Deflators [1], 1978-2006
Year
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
Preceding year = 1
1.013
1.002
1.009
0.998
1.001
1.022
1.046
1.049
1.021
1.093
1.068
1.023
1.031
1.050
1.149
1.155
1.123
1.049
1.004
0.949
0.971
1.017
1.002
0.990
1.027
1.064
1.061
1.047
1980 = 1
0.985
0.998
1.000
1.009
1.007
1.008
1.030
1.078
1.130
1.154
1.261
1.348
1.379
1.421
1.492
1.714
1.979
2.223
2.332
2.342
2.222
2.158
2.195
2.199
2.176
2.236
2.379
2.526
2.645
1990 = 1
0.714
0.724
0.725
0.731
0.730
0.731
0.747
0.781
0.820
0.837
0.915
0.977
1.000
1.031
1.082
1.243
1.435
1.612
1.691
1.698
1.611
1.565
1.592
1.594
1.578
1.621
1.725
1.832
1.918
2000=1
0.449
0.455
0.456
0.460
0.459
0.459
0.469
0.491
0.515
0.526
0.575
0.614
0.628
0.648
0.680
0.781
0.902
1.013
1.062
1.067
1.012
0.983
1.000
1.002
0.991
1.019
1.084
1.151
1.205
[1] Deflators are calculated based on the data of GDP that is contributed by industry only. Data from NBS, China
Statistical Yearbook, 2007.
Source: NBS, China Statistical Yearbook, 2007.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-28
[1]
Table 3B.11. Investment in Energy Industry in Urban Area by Subsectors and Purpose , 2002-2006
1. Billion Current Yuan
Sector/Purpose
Coal subtotal
mining
washing
1995
28.56
2000
21.14
2002
30.12
2003
43.64
2004
69.04
2005
116.29
2006
145.90
Extraction of
petroleum
natural gas
50.38
78.94
81.46
94.60
111.23
146.36
182.22
Processing of
petroleum & coking
nuclear fuel
19.44
17.26
23.60
32.11
63.79
80.13
93.93
Production and Distribution of
electricity
gas
water
133.69
274.45
282.28
380.39
506.42
677.78
760.58
Total
232.07
391.78
417.46
550.73
750.48
1020.56
1182.63
[1] Data for 2001 is not available.
Source: China Energy Statistical Yearbook, 2005; China Statistical Yearbook, various years, NBS.
Table 3B.11. Investment in Energy Industry in Urban Area by Subsectors and Purpose [1], 2002-2006 (continued)
2. Billion Constant 2000 Yuan [2]
Sector/Purpose
Coal subtotal
mining
washing
1995
28.20
2000
21.14
2002
30.38
2003
42.84
2004
63.68
2005
101.05
2006
121.04
Extraction of
petroleum
natural gas
49.75
78.94
82.17
92.87
102.60
127.18
151.17
Processing of
petroleum & coking
nuclear fuel
19.19
17.26
23.80
31.52
58.84
69.63
77.93
Production and Distribution of
electricity
gas
water
132.00
274.45
284.72
373.44
467.12
588.97
630.99
Total
229.15
391.78
421.07
540.67
692.23
886.84
981.14
[1] Data for 2001 is not available.
[2] Deflators are presented in Table 3B.10(b).
Source: China Energy Statistical Yearbook, 2005; China Statistical Yearbook, various years, NBS.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-29
[1]
Table 3B.11. Investment in Energy Industry in Urban Area by Subsectors and Purpose , 2002-2006 (continued)
3. Shares of Total
Sector/Purpose
Coal subtotal
mining
washing
1995
12%
2000
5%
2002
7%
2003
8%
2004
9%
2005
11%
2006
12%
Extraction of
petroleum
natural gas
22%
20%
20%
17%
15%
14%
15%
8%
4%
6%
6%
8%
8%
8%
58%
70%
68%
69%
67%
66%
64%
100%
100%
100%
100%
100%
100%
100%
Processing of
petroleum & coking
nuclear fuel
Production and Distribution of
electricity
gas
water
Total
[1] Data for 2001 is not available.
[2] Deflators are presented in Table 3B.10(b).
Source: China Energy Statistical Yearbook, 2005; China Statistical Yearbook, various years, NBS.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-30
Table 3B.12. Economic indicators of Energy Industry, 2005-2006
1. Economic Indicators of State-owned and large non-State-owned Energy Industry
(a) 2006, Billion Current Yuan
Number of Enterprises
Number of Loss-making
Enterprises
Total Industrial Output
Value
Industrial Sales Output
Value
Industrial Added Value
Total Assets
Total Fixed-Assests
Net Value of Fixed Assets
Total Liabilities
Main Business Revenues
Operating Profits
Total Profits
Loss-making Enterprises'
Total Loss
Percentage of Industrial
Added Value (%)
Percentage of Total
Assests Contribution (%)
Percentage of Liabilities (%)
Coal Mining and
Washing
301,961
Processing of
Oil and Natural Petroleum, Coking
Gas Extraction
& Nuclear Fuels
6,797
2,160
Electric Power and
Heat Power
Water
Generation &
Gas Generation Generation and
Supply
and Supply
Supply
5,731
526
2,476
47,135
894
561
1,633
154
1,164
31,658.90
31,082.86
9,107.57
29,121.45
12,519.01
10,994.94
16,732.22
31,359.25
1,972.84
1,950.44
227.23
720.76
710.71
358.73
1,107.00
551.52
440.32
671.40
746.12
75.73
69.05
3.21
1,514.90
1,501.87
231.42
758.48
378.46
327.59
432.46
1,504.97
-23.60
-31.22
59.44
2,154.93
2,151.82
691.25
4,645.69
3,079.55
2,707.47
2,658.57
2,222.25
136.23
168.93
13.78
73.21
73.26
19.17
146.57
82.97
70.02
80.20
88.09
1.40
2.98
1.94
71.48
69.59
31.51
359.65
223.60
191.18
181.50
67.04
0.97
2.42
2.87
28.77
49.77
15.28
32.08
26.19
44.09
12.74
13.29
6.20
8.45
4.82
2.82
57.46
60.65
57.02
57.23
54.72
50.46
Source: NBS, China Industry Economy Statistical Yearbook, 2007.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-31
Table 3B.12. Economic indicators of Energy Industry, 2005-2006 (continued)
(b) 2005, Billion Current Yuan
Number of Enterprises
Number of Loss-making
Enterprises
Total Industrial Output
Value Sales Output
Industrial
Value Added Value
Industrial
Total Assets
Total Fixed-Assests
Net Value of Fixed Assets
Total Liabilities
Main Business Revenues
Operating Profits
Total Profits
Loss-making Enterprises'
Total Loss of Industrial
Percentage
Added Value (%)
Percentage of Total
Assests Contribution (%)
Percentage of Liabilities (%)
Coal Mining and
Washing
5,787
634
Processing of
Oil and Natural Petroleum, Coking
Gas Extraction
& Nuclear Fuels
174
1,990
540
15
Electric Power and
Heat Power
Water
Generation &
Gas Generation Generation and
Supply
and Supply
Supply
5,527
484
2,492
1,766
162
1,204
572.28
563.04
288.83
869.35
433.70
356.08
533.25
591.25
64.31
56.10
1.40
50.47
628.63
6,275.71
481.40
675.18
496.61
458.79
231.18
615.12
303.54
295.78
0.98
76.58
1,200.05
1,188.70
198.16
649.08
313.32
278.55
366.49
1,203.05
-16.06
-11.93
37.57
16.51
1,778.59
1,774.60
571.98
3,937.55
2,576.09
2,242.34
2,231.82
1,858.04
95.75
115.77
17.84
32.16
51.47
51.73
13.45
118.62
66.64
55.70
61.12
66.21
0.44
1.68
1.77
26.13
57.90
56.19
26.16
289.68
190.77
158.86
138.57
54.24
-1.08
-0.15
3.20
45.16
13.64
55.32
8.53
7.57
3.58
1.83
61.34
34.24
56.46
56.68
51.53
47.84
Source: NBS, China Industry Economy Statistical Yearbook, 2006.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-32
Table 3B.13. Investment in Pollution Treatment, 2000-2006
1. Billion Current Yuan
Year
2000
2001
2002
2003
2004
2005
2006
Envrionmental
Pollution
101.49
110.67
136.72
162.77
190.98
238.80
256.60
Investment in
Industrial
Pollution Waste Water Waste Gas
Solid Waste
Noise Pollution Other
23.94
10.96
9.09
0.11
0.60
2.14
17.45
7.29
6.58
1.87
0.06
1.65
18.84
7.15
6.98
1.61
0.10
2.99
22.18
8.74
9.21
1.62
0.10
2.51
30.81
10.56
14.28
2.26
0.13
3.57
45.82
13.37
21.30
2.74
0.31
8.10
48.39
15.11
23.33
1.83
0.30
7.83
Total
148.3
145.6
174.4
207.1
252.6
330.4
353.4
Source, NBS, China Statistical Yearbook, various years.
2. Billion Constant 2000 Yuan [1]
Year
2000
2001
2002
2003
2004
2005
2006
Envrionmental
Pollution
101.49
110.47
137.90
159.80
176.16
207.51
212.88
Investment in
Industrial
Pollution Waste Water Waste Gas
Solid Waste
Noise Pollution Other
23.94
10.96
9.09
0.11
0.60
2.14
17.42
7.28
6.57
1.87
0.06
1.64
19.00
7.21
7.04
1.63
0.11
3.02
21.77
8.58
9.04
1.59
0.10
2.47
28.42
9.74
13.17
2.09
0.12
3.30
39.82
11.62
18.51
2.38
0.27
7.04
40.15
12.54
19.35
1.52
0.25
6.49
Total
148.3
145.31
175.90
203.35
233.00
287.14
293.18
[1] Deflators are presented in Table 3B.13(b)
Source, NBS, China Statistical Yearbook, various years.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-33
Table 3C.1. Energy Conservation Investments, 1981-1995
Unit
1981-1990
1991-1995
billion current yuan
billion current yuan
billion current yuan
17.24
9.75
7.48
25.32
8.97
16.35
Mtce/yr
yuan/(tce/yr)
25.0
688
15.0
1,693
Technical Updating and Transformation Projects
Total Investment
billion current yuan
national allocations and loans*
billion current yuan
local and enterprise funds
billion current yuan
9.95
5.22
4.73
27.64
5.55
22.09
Energy savings capacity
Unit investment
30.8
323
46.0
601
Capital Construction Projects
Total Investment
national allocations and loans [1]
local and enterprise funds
Energy savings capacity, Mtce/yr.
Unit investment, yuan/(tce/yr)
Mtce/yr
yuan/(tce/yr)
[1] Between 1980 and 1990, national energy conservation technical updating and transformation investment comprised 1.397
billion yuan in allocations and 3.822 billion yuan in loans. In 1987 all allocations were converted to low-interest loans.
N.B. Data of energy conservation investment are no longer continued.
Source: Wang et al ., 1995; SPC, Energy Conservation in China, 1997.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-34
Table 3C.2. Completed Energy Conservation Capital Construction Projects, 1981-1995
Total
Capacity
Project
1981-1990
Cogeneration
Recovery of waste gases
District heating
Replacement of small fossil generating
units with large units
Renovation of small ammonia plants
Coal washing and matching
Continuous casting (steel)
Scrap steel processing
Coal briquette production
Waste heat power generation
Steel conservation
Other
Total
Investment
(billion current yuan)
National
Allocations and Loans
(billion current yuan)
Energy
Savings
(Mtce/yr)
Unit
Cost
(yuan/[tce/yr])
5,230 MW
9.32 Mm3/day
39.8 Mm2
9.55
1.74
1.06
5.33
0.68
0.46
7.83
3.57
1,220
487
1,5590 MW
1.29 Mt/yr
53.69 Mt/yr
3.29 Mt/yr
1.88 Mt/yr
12.26 Mt/yr
150 MW
70 kt/yr
0.67
0.67
0.52
0.38
0.19
0.30
0.14
0.33
1.58
0.67
0.44
0.35
0.02
0.09
0.17
0.16
1.13
0.93
1.80
2.75
0.21
1.61
2.30
0.34
0.12
1.69
720
372
189
1,810
118
130
412
2,750
935
17.24
9.75
25.04
688
Cogeneration
Recovery of waste gases
District heating
Replacement of small fossil generating
units with large units
Renovation of small ammonia plants
Coal washing and matching
Continuous casting (steel)
Scrap steel processing
Coal briquette production
Waste heat power generation
Steel conservation
Other
15.76
1.02
0.60
4.75
0.21
0.10
6.00
0.40
0.60
2,627
2,550
993
0.16
0.48
0.10
0.23
0.06
1.15
2,667
417
0.84
0.34
0.34
0.11
0.20
1.09
4,175
312
5.06
2.70
3.49
1,452
Total
24.25
8.54
12.99
1,867
Total
1991-1995
N.B. Data of completed energy conservation capital construction projects are no longer continued.
Source: SPC, Handbook of Comprehensive Resource Utilization, 1991; SPC, Energy Conservation in China, 1997.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-35
Table 3C.3. Investments in Energy Conservation Technical Updating and Transformation Demonstration Projects , 19811995
Total
Investment
(billion current yuan)
Project
National
Allocations and Loans
(billion current yuan)
1981-1990
Utilization of waste heat; power generation with waste heat and
Renovation of industrial-boiler heat distribution networks
Renovation of industrial kilns
Renovation of process technology
Refurbishing of old equipment
Manufacturing and renovating energy-saving equipment
Matching of steam coal (to boiler/kiln design requirements)
Other conservation of coal utilization
Energy-conservation research
Specialized collaborative projects
Utilization of gangue (coal mine tailings)
Other projects
Energy
Savings
(Mtce/yr)
3.12
1.26
1.48
1.28
0.27
0.38
0.07
0.15
0.06
0.05
0.13
1.11
7.70
4.50
3.86
2.75
0.84
1.70
0.55
1.00
0.39
0.20
1.21
5.09
9.95
30.79
Energy Conservation
Recovery and utilization of waste heat
Power generation with waste heat and pressure
Renovation of industrial kilns
Renovation of process technology
Manufacturing and renovating energy-saving equipment
Clean coal technology
Other projects
3.83
0.25
0.52
0.61
1.07
0.69
0.46
0.23
6.49
0.73
0.45
0.87
1.14
2.36
0.59
0.35
Materials Conservation
Conservation and substitution of materials
Comprehensive utilization of materials
1.72
0.67
1.05
2.74
0.74
2.00
5.55
9.23
Total
20.10
1991-1995
Total
27.64
N.B. Data of investments in energy conservation technical updating and transformation demonstration projects are no longer continued.
Source: SPC, Energy Conservation in China, 1997.
Chapter 3, Energy Industry Investment
China Energy Databook 7.0
3-36