Intensity Index of Restriction Factor of Coal Economy Development in China and the Economic Benefits of Coal Enterprises

Abstract

Since May 2012, China's coal economic benefits continued to decline, mainly the emergence of a variety of restriction factor. Papers to the Chinese government "twelfth five-year" period (2011-2015) of coal economic macro-control, market regulating annual quantitative data points for "restricting factor" intensity index, Collect economic benefit data of various types of coal industrial enterprises above designated size in 2010-2015, the linear regression analysis concluded that: “market adjustment†score of the coal industry in China is more than the “government regulation†score; The comprehensive index is greater, the coal industry enterprise economic benefit is the worse: Comprehensive factor intensity index increased by 1%, a 0.72% drop in economic benefits of coal industrial enterprise; The coal industry enterprise debt level is higher, the economic benefits worse; The reasonable control of the asset size and cost level, speeding up the turnover of current assets to improve the economic benefits of the coal industrial enterprises; Private enterprises in the Chinese are very weak, the future of the country should be better to encourage and help the healthy and rapid development.