Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 50 , 01 December 2023
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Access | Article
The Influence of Low Carbon Economy on the International Competitiveness of the Chinese Automobile Industry
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Abstract
With the burgeoning global concern over climate change, nations around the world are vigorously embracing the low-carbon economy. As the primary exporter of automobiles, China faces significant carbon emissions, a factor that substantially diminishes its product competitiveness in the international market and hampers efforts towards sustainable environmental development. This research paper focuses on discussing the impact of a low-carbon economy on the international competitiveness of China’s automobile export. Through qualitative analysis, the study primarily reviews existing literature, highlighting the crucial roles played by technology factors, demand structure, and capital in shaping the industry’s international competitiveness. This paper finds an inverse correlation between the average fuel consumption and China’s automobile industry’s revealed comparative advantage. This suggests that fostering a low-carbon economy could potentially enhance international competitiveness in global trade. The findings of this research hold significant implications for policy makers that they can utilize this knowledge to formulate strategies aimed at reducing carbon emissions. Hence, it propels the progression of a low-carbon economy and elevates the worldwide prestige of China's automobile industry.
Keywords
low carbon economy, international competitiveness, Chinese automobile industry
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 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-147-6
- ISBN (Online)
- 978-1-83558-148-3
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/50/20230571
- Copyright
- 01 December 2023
- 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