Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Series Vol. 62 , 28 December 2023
* Author to whom correspondence should be addressed.
Climate change has consistently commanded a central and pressing role in the development of countries and worldwide. The industrial structure upgrading of the manufacturing industry in emerging countries has gained significant attention due to its implications for economic growth and climate change. Through case studies and comparative analysis, this paper aims to thoroughly analyze and compare the industrial structure upgrading procedures between developed and developing countries, focusing on addressing climate change and reducing carbon emissions. The principal barriers encompass limitations in accessing advanced technologies due to insufficient research and development (R&D) investment, unreasonable energy consumption structure, infrastructural constraints and incoherent policy frameworks. The study proffers strategic imperatives to bridge the chasm between developed and developing countries. These encompass prioritizing targeted initiatives and augmenting R&D investments for innovation and technology acclimatization, countering infrastructure bottlenecks with substantial investments in energy and transportation networks, and fortifying policy frameworks to harmonize economic growth aspirations with sustainability objectives. By enhancing the understanding of how industrial structure upgrading can support climate change mitigation and sustainable development in developing nations, this study provides valuable advice for future policymaking and government actions.
industrial structure upgrading, manufacturing industry, climate change, carbon emissions, emerging countries
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