Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 38 , 10 November 2023


Open Access | Article

The Effects of Chinese Green Economy Policies on Industrial Upgrading

Jingxin Wang * 1
1 Henan University of Technology

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 38, 128-134
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
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.
Citation Jingxin Wang. The Effects of Chinese Green Economy Policies on Industrial Upgrading. AEMPS (2023) Vol. 38: 128-134. DOI: 10.54254/2754-1169/38/20231897.

Abstract

This article focuses on the path to green and low-carbon development in China under the era of carbon neutrality. Starting with exploring the significance to reach carbon neutrality, the actions taken by different countries are demonstrated and the global milestones such as The Paris Agreement are illustrated. Based on Solow-Swan Growth Model, the method of calculating environment capital as a new parameter is discussed. In this case, China plays an important role in global carbon neutrality. To develop sustainably, it is crucial to figure out how China keep its way on Green Economy. Energy Industry, Manufacturing Industry, and Financial Service Sector will be analyzed separately to find out what is best strategy for those industries to evolution under the ‘Green oriented’ policy and what are their responsibility respectively. We found the stronger governance, the better nature capital would be utilized. The chance and challenge are concluded in the end with the potential pathway to realize the carbon neutrality in China.

Keywords

policy analysis, economic growth, green finance, industry analysis

References

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3. 2019 Emission Gap Report - Global Climate Action Progress Report. (n.d.). UNEP - UN Environment Programme. https://www.unep.org/interactive/emissions-gap-report/2019/report_zh-hans.php

4. Cheng. (2022, August 9). Summary of China's carbon emissions over the years - Carbon Emission Information Network. https://www.rtans.com/Carbon_emissions/16600318852261.html

5. Zhang, W. (2021). An Integration of Neoclassical Growth Theory and Economic Structural Change with Monopolistic Competition Theory. Business and Economic Research, 11(2), 145. https://doi.org/10.5296/ber.v11i2.18380

6. Barbier, E. (2019). The concept of natural capital. Oxford Review of Economic Policy, 35(1), 14-36. https://doi.org/10.1093/oxrep/gry028

7. Daly, H. E., Cobb, J. B., & Cobb, C. W. (2012). For the common good: Redirecting the economy toward community, the environment, and a sustainable future. Beacon Press.

8. Costanza, R., d'Arge, R., de Groot, R. et al. The value of the world's ecosystem services and natural capital. Nature 387, 253–260 (1997). https://doi.org/10.1038/387253a0

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11. BCGChina Climate and Sustainable Development Center. (2021). General Guidelines for Carbon Neutralization in China. CITIC Publishing Group.

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 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-097-4
ISBN (Online)
978-1-83558-098-1
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/38/20231897
Copyright
© 2023 The Author(s)
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

Copyright © 2023 EWA Publishing. Unless Otherwise Stated