Economic System Reform and Green Industry Development: China Perspective in the Context of Globalization

The relationship between economic system reform and green industry development is becoming increasingly intertwined in the context of economic globalization. As a nation that has rapidly advanced its green industry with notable achievements, China's experience offers valuable insights for the global green transformation. This paper, through the analysis of practical cases, concludes that the development of green industries and the implementation of corresponding policies exhibit a mutually reinforcing relationship. However, China's experience also highlights a series of challenges that arise during the process of economic greening, both in terms of industrial development and policy formulation. These derivative issues provide important lessons for other nations striving to align their economic systems with the global trend towards green transformation. China's approach not only offers a reference point for policy development and strategic direction but also underscores its significant contribution to global green development. By adapting these insights, countries worldwide can better navigate the complexities of economic reform and green industry growth within the broader framework of globalization.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-12
DOI
https://doi.org/10.54254/2754-1169/2024.ga18163
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
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article

Economic System Reform and Green Industry Development: China Perspective in the Context of Globalization

Yuxiao Liu
Advances in Economics Management and Political Sciences
Energy, Environment, Economic Growth
article

Economic System Reform and Green Industry Development: China Perspective in the Context of Globalization

Yuxiao Liu
article en

Abstract

The relationship between economic system reform and green industry development is becoming increasingly intertwined in the context of economic globalization. As a nation that has rapidly advanced its green industry with notable achievements, China's experience offers valuable insights for the global green transformation. This paper, through the analysis of practical cases, concludes that the development of green industries and the implementation of corresponding policies exhibit a mutually reinforcing relationship. However, China's experience also highlights a series of challenges that arise during the process of economic greening, both in terms of industrial development and policy formulation. These derivative issues provide important lessons for other nations striving to align their economic systems with the global trend towards green transformation. China's approach not only offers a reference point for policy development and strategic direction but also underscores its significant contribution to global green development. By adapting these insights, countries worldwide can better navigate the complexities of economic reform and green industry growth within the broader framework of globalization.

Advances in Economics Management and Political SciencesVol. 107(1)
Capital University of Economics and Business (CN)
Openalex Percentile: Top 72%
Energy, Environment, Economic Growth
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Economic System Reform and Green Industry Development: China Perspective in the Context of Globalization — Yuxiao Liu · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS