China's Carbon Emission Policies and High-quality Economic Development: Stylized Facts and Prospect

Research Article
Open access

China's Carbon Emission Policies and High-quality Economic Development: Stylized Facts and Prospect

Zining Yang 1*
  • 1 Nanjing Jinling High School    
  • *corresponding author yzx@njxzc.edu.cn
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/24/20230449
AEMPS Vol.24
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-91-1
ISBN (Online): 978-1-915371-92-8

Abstract

Since 2006, China has become the worldwide largest emitter of carbon dioxide, and its annual emissions have been continuing to rise. China has always prioritized energy conservation and the reduction of pollution emissions as the long-term goal in its carbon emission reduction strategies, gradually shifting the focus from "Energy-saving Emission Reduction" to "Low-Carbon Development" and then into the current "Double Carbon" period. This paper mainly focuses on the progress of Chinese carbon policies and how it get to high-quality economic development, it aims to provide better policies to improve environmental problems for government and policymakers. Because China's carbon emissions regulations have a variety of effects on the market and country's military economy, which could encourage the R&D and innovative motivation of green technology, more trades in carbon trading market and growth in renewable-energy related industry from market aspect, while the development high-quality economic and promotion in the digital economy in economy perspective, the government should keep combining market mechanism with traditional carbon tax and seek for high-quality economic development.

Keywords:

Carbon emission, sustainable development, carbon policy, China

Yang,Z. (2023). China's Carbon Emission Policies and High-quality Economic Development: Stylized Facts and Prospect. Advances in Economics, Management and Political Sciences,24,262-267.
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References

[1]. Wu, Q., Tambunlertchai, K., & Pornchaiwiseskul, P. (2021b). Examining the Impact and Influencing Channels of Carbon Emission Trading Pilot Markets in China. Sustainability, 13(10), 5664.

[2]. Dabringhaus, S. (2018). PERSPECTIVES ON THE ENVIRONMENTAL HISTORY OF CHINA. Journal of Chinese History =, 2(2), 281–290.

[3]. Zhao, X., Zhang, Y., Liang, J., Li, Y., Jia, R., & Wang, L. (2018). The Sustainable Development of the Economic-Energy-Environment (3E) System under the Carbon Trading (CT) Mechanism: A Chinese Case. Sustainability, 10(2), 98.

[4]. Zhang, W., Li, J., Li, G., & Guo, S. (2020). Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China. Energy, 196, 117117.

[5]. Chang, C., Mai, T., & McAleer, M. (2018b). PRICING CARBON EMISSIONS IN CHINA. Annals of Financial Economics, 13(03), 1850014.

[6]. Tian, H., Lin, J., & Jiang, C. (2022). The Impact of Carbon Emission Trading Policies on Enterprises’ Green Technology Innovation—Evidence from Listed Companies in China. Sustainability, 14(12).

[7]. Xuan, D., Ma, X., & Shang, Y. (2020). Can China’s policy of carbon emission trading promote carbon emission reduction? Journal of Cleaner Production, 270, 122383.

[8]. Bretschger, Lucas; Zhang, Lin (2014): Carbon policy in a high-growth economy: The case of China, Economics Working Paper Series, No. 14/201, ETH Zurich, CERETH - Center of Economic Research, Zurich.

[9]. Notice On Doing a Good Job in the Allocation of Quotas for National Carbon Emissions Trading in 2021 and 2022_Other_Chinese Government Network. (n.d.). http://www.gov.cn/zhengce/zhengceku/2023-03/16/content_5747106.htm

[10]. Hu, H., Dong, W., & Zhou, Q. (2021). A comparative study on the environmental and economic effects of a resource tax and carbon tax in China: Analysis based on the computable general equilibrium model. Energy Policy, 156, 112460.

[11]. Hu, H., Dong, W., & Zhou, Q. (2021). A comparative study on the environmental and economic effects of a resource tax and carbon tax in China: Analysis based on the computable general equilibrium model. Energy Policy, 156, 112460.

[12]. Zhang, W., Li, J., Li, G., & Guo, S. (2020). Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China. Energy, 196, 117117.

Cite this article

Yang,Z. (2023). China's Carbon Emission Policies and High-quality Economic Development: Stylized Facts and Prospect. Advances in Economics, Management and Political Sciences,24,262-267.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN：978-1-915371-91-1(Print) / 978-1-915371-92-8(Online)
Editor：Canh Thien Dang, Javier Cifuentes-Faura
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.24
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Wu, Q., Tambunlertchai, K., & Pornchaiwiseskul, P. (2021b). Examining the Impact and Influencing Channels of Carbon Emission Trading Pilot Markets in China. Sustainability, 13(10), 5664.

[2]. Dabringhaus, S. (2018). PERSPECTIVES ON THE ENVIRONMENTAL HISTORY OF CHINA. Journal of Chinese History =, 2(2), 281–290.

[3]. Zhao, X., Zhang, Y., Liang, J., Li, Y., Jia, R., & Wang, L. (2018). The Sustainable Development of the Economic-Energy-Environment (3E) System under the Carbon Trading (CT) Mechanism: A Chinese Case. Sustainability, 10(2), 98.

[4]. Zhang, W., Li, J., Li, G., & Guo, S. (2020). Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China. Energy, 196, 117117.

[5]. Chang, C., Mai, T., & McAleer, M. (2018b). PRICING CARBON EMISSIONS IN CHINA. Annals of Financial Economics, 13(03), 1850014.

[6]. Tian, H., Lin, J., & Jiang, C. (2022). The Impact of Carbon Emission Trading Policies on Enterprises’ Green Technology Innovation—Evidence from Listed Companies in China. Sustainability, 14(12).

[7]. Xuan, D., Ma, X., & Shang, Y. (2020). Can China’s policy of carbon emission trading promote carbon emission reduction? Journal of Cleaner Production, 270, 122383.

[8]. Bretschger, Lucas; Zhang, Lin (2014): Carbon policy in a high-growth economy: The case of China, Economics Working Paper Series, No. 14/201, ETH Zurich, CERETH - Center of Economic Research, Zurich.

[9]. Notice On Doing a Good Job in the Allocation of Quotas for National Carbon Emissions Trading in 2021 and 2022_Other_Chinese Government Network. (n.d.). http://www.gov.cn/zhengce/zhengceku/2023-03/16/content_5747106.htm

[10]. Hu, H., Dong, W., & Zhou, Q. (2021). A comparative study on the environmental and economic effects of a resource tax and carbon tax in China: Analysis based on the computable general equilibrium model. Energy Policy, 156, 112460.

[11]. Hu, H., Dong, W., & Zhou, Q. (2021). A comparative study on the environmental and economic effects of a resource tax and carbon tax in China: Analysis based on the computable general equilibrium model. Energy Policy, 156, 112460.

[12]. Zhang, W., Li, J., Li, G., & Guo, S. (2020). Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China. Energy, 196, 117117.

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