Abstract

This paper provides a comprehensive review of ecosystem services and their economic valuation in China. The main objective of this review is to introduce the findings of the various valuation studies, and explore the challenges that emerged in these studies. This paper shows that ecosystem services research in China went through four stages covering all the main ecosystem types and multi-scales. These studies have raised public awareness of the value of ecological and bio-resource issues, and promoted the establishment of eco-compensation mechanisms in China. However, there are still many controversies and challenges that have emerged from current ecosystem services research. We propose that future ecosystem services research focuses on i) the corresponding definition and classification systems for all ecosystems; ii) the observation and establishment of the relationship between ecosystem structures and corresponding functions; iii) the improvement and normalization of valuation methods; and iv) the exploration and analysis of the spatial and temporal variations of ecosystem services. Furthermore, it is important to improve the accessibility of ecosystem services valuation in environmental decision-making.

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