Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 3rd International Conference on Business and Policy Studies
Series Vol. 66 , 05 January 2024
Open
Access | Article
A Study on the Statistical Measurement of China’s Modernization Based on the Electric Vehicle Industry Chain Development
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Abstract
According to the basic characteristics of a socialist modernization state in China, China’s modernization aims for a harmonious coexistence between humans and nature. China strives to achieve carbon peaking by 2030. Therefore, this article mainly focuses on the connection between the electric vehicle industry chain and the Chinese-style modernization, as well as an empirical analysis of China’s 2030 carbon peaking goal. This article divides China’s “green modernization” measurement into two parts. In the first part, China’s green modernization can be measured by the level of modernization in each province. The article uses PCA (Principal Component Analysis) to reduce data dimensions and analyze correlations among selected indicators. Then, the Six-factor TOPSIS-Entropy Method is utilized for weight evaluation to calculate the level of modernization in different provinces, resulting in an overall domestic modernization level of 65.741%. In the second part, an empirical analysis of China’s commitment to achieving carbon peaking by 2030 is conducted. An improved SIRD-NM dynamic model is employed to predict the number of new energy vehicles, and then the feasibility of achieving the commitment is studied. The results indicate that the contribution of the development of new energy vehicles to carbon peaking reaches 5.42%. China has a high feasibility of achieving carbon peaking by 2030.
Keywords
2030 carbon peak, TOPSIS-Entropy weight method, SIRD-NM dynamic model, green modernization
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 3rd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-83558-263-3
- ISBN (Online)
- 978-1-83558-264-0
- Published Date
- 05 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/66/20241204
- Copyright
- 05 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited