The Research on the Energy Consumption and Energy Trading in China.

A good grasp of the relations between rapid economic development of China and stable energy supply is an important means to achieve coordinated development among energy, economy and society. This paper uses cointegration test, Granger causality test and vector error correction model, and other empirical method to analyze the relationship between the total amount of energy consumption and energy trade from 2000 to 2013, reveals that energy has a high degree of dependence on imported trade. The results showed that energy consumption has relatively strong positive impact on the energy business in the short term, then a weak negative effect in the long term. The impact of energy trading on the energy consumption is not significant in the short or long term. [ABSTRACT FROM AUTHOR]