Improvement of the organizational-economic mechanism of Chinese coal industries development: problem statement

Abstract

The article is devoted to the study of the current state of the coal industry in China and the prospects for improving the organizational-economic mechanism of its development in the context of global trends in the transformation of the energy sector and the modernization of the Chinese economy. Based on statistical data analysis, it is shown that since the founding of the People's Republic of China, the production capacity of the coal industry has been steadily growing, although the share of coal in the country's energy balance has gradually decreased. Given the increase in coal production and consumption, we should not talk about a reduction (or growth) in China’s coal industry, but about its structural transformation. The article identifies and characterizes four main trends characteristic of the coal industry in China: the changing place of the coal industry in the energy balance of China against the backdrop of the growing share of renewable energy sources; technological modernization; organizational and managerial transformation; internationalization of business models of coal enterprises.