How Long to Read China Power Sector

How Long Does it Take to Read China Power Sector?

It takes the average reader and 7 minutes to read China Power Sector by China Knowledge Press

Assuming a reading speed of 250 words per minute. Learn more

Description

China's power sector experienced accelerated growth after the mid - 1980s, with surging demand for electricity boosted by increased investment and residential consumption, both associated with market reforms. In the late 1990s, however, a temporary power oversupply was witnessed. It was mainly caused by the government's efforts to restructure its numerous State Owned Enterprises (SOEs), in which many big enterprises were closed. The 1997/1998 Asian financial crisis also worsened the situation. The growth pace of the power sector was therefore impeded. Foreign funded power plants faced increasing pressure to reduce prices and were asked to renegotiate their Power Purchasing Agreements (PPAs). As a result, many foreign investors either substantially scaled back operations or avoided new exposure. invest in China's power sector while others failed before? The answer is very simple: things have changed and one cannot afford to ignore this huge market. After entry to WTO in late 2001, China has increasingly become a workshop for the entire world. Foreign direct investment (FDI) surged to USD52.7 billion in 2002, and China is expected to replace the US as the world's No.1 FDI recipient. At the same time, the expansion of the power sector has lagged. Thus the sustainability of the state economy is under threat. In order to overcome the energy constraint, hefty investment will be needed. According to a two year research made by the International Energy Agency (IEA), nearly USD2000 billion investment will be required in the period 2001-2030. This provides new opportunities to foreign investors.

How long is China Power Sector?

China Power Sector by China Knowledge Press is 7 pages long, and a total of 1,799 words.

This makes it 2% the length of the average book. It also has 2% more words than the average book.

How Long Does it Take to Read China Power Sector Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 9 minutes to read China Power Sector aloud.

What Reading Level is China Power Sector?

China Power Sector is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy China Power Sector?

China Power Sector by China Knowledge Press is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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