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. 71 , 18 January 2024
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Analysing the Impact of Low-Carbon Economy on International Trade of China
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Abstract
Developing a low-carbon economy plays an important role in China. This energy structure that relies too much on coal resources has become an important factor restricting the sustainable development of China’s economy and society. Therefore, developing a low-carbon economy can effectively avoid the drawbacks of China’s reliance on “high carbon” energy. However, there are many adverse effects and difficulties in exploring low-carbon energy. This paper analyzes the multi-dimensional impact of over-reliance on high-carbon energy on the structural adjustment of the energy industry, less developed areas and the transportation industry. Government should realize the requirements of low-carbon technology funds and it needs to deal with the sufferings. The overall impact of low carbon on international economy and trade make issues more prominent. To deal with these problems, the measures suggested in this article are to reduce dependence on multiple levels, improve technical level and capabilities, strengthen international cooperation and exchanges, jointly formulate policies to make carbon emissions more standardized, and optimize research and development costs to reduce unnecessary expenses and government financial support.
Keywords
low carbon economy, energy structure, green trade barriers
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)
- 978-1-83558-281-7
- ISBN (Online)
- 978-1-83558-282-4
- Published Date
- 18 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/71/20241430
- Copyright
- 18 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