China's Coal Industry, Market Performance And Its Influencing Factors

It is known to all,coal takes a dominant role in the market.With an increasingly shortage in worldwide area,the substitute of coal has been largely explored,relatively speaking to the oil.Meanwhile,the adequate focus on coal supplies enhance our strongly position in the world.Currently,there still exist many issues in the coal industry,which embodies in the areas of lower industry centralization,largely waste of coal resource, ineffective utilization of byproduct,less attention of the environmental issues,and higher accident issues,etc.Obviously,our focus on enhance the coal development can be concentrated on improving resources allocation effectiveness.In the perspective of industry organization,the thesis applies with the theory mainly specified on three points: description of the market performance;analysis of the market performance;suggestions of the improvement.1.We begin with SCP as a fundamental tool,which combined with reliable data,try to give a detailed description on the present coal industry.We got a conclusion that our market centralization is not even close to the average level,in other words,the coal market are still in the competitive market;all that are based on the analysis of the current coal market centralization and large of empirical research on the coal industry.Besides, we developed a discussion on the market behavior of coal market,to as more as we could to illustrate the effects on the entire coal market;this discussion is through which ways in addressing market pricing behavior and organization regulation.To be more effectively speaking,this paper further the discussion on resource allocation,sales & consumption, safety performance enhancement.2.In this paper,we observe the influences which largely effects the coal market performance by using the data applied in the exist status.Apparently,from 2003 the additional policy broaden to the coal market has less impact on the market performance, and which means market centralization are closely efficient with the market performance, they are positive correlation with each other,but the entry barriers and market performance are negative correlation.3.Last but not the least,this paper addresses the importance of sustainable development in the coal market,which certainly could be specified in improving market performance,positive regulation in more competitive ways,establish appropriate mechanism,and adequate attention on the centralization degree improvement of the market.