Transition toward Green Economy with Green Industry Policy: The Case of Chinese Practice
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DOI: 10.23977/ICEMGD2020.033
Author(s)
Wu Shifang, Su Yuxuan
Corresponding Author
Wu Shifang
ABSTRACT
Green economy is the direction of human progress. There are urgent needs to transition from high consumption, high emissions and environmental damage toward resource efficiency, environment protection, common prosperity with clean energy, cleaner production, which will be a revolutionary change in the development mode. Green Economy transformation cannot be accomplished in a single step. It needs a whole set industry policy to phase out outdated industry and phase in green sunrise industries. This paper introduces policy and practice of Chinese green industry and discusses the challenges of China’s green transformation. In order to successfully realize green economy transition, some system constructions are proposed.
KEYWORDS
Green economy, green transition, green industry policy