Economic Development In China Research Articles

The impact of digital economy on energy conservation and emission reduction: evidence from prefecture-level cities in China

In the face of global climate challenges and energy crises, China aimed to enhance energy conservation and emission reduction (ECER). This study explored the role of the digital economy in boosting energy efficiency and supporting sustainable development by constructing an index system, applying principal component analysis, and using spatial econometric models to assess the impact of digital economic development in China's prefecture-level cities on ECER. Findings revealed regional development disparities and complex spatial interactions that influence ECER. The digital economy showed potential to reduce emissions after reaching a particular scale, suggesting policy recommendations for balanced growth.

On the impact of provincial digital economy on high-quality economic development in China from a regional heterogeneity perspective

On the impact of provincial digital economy on high-quality economic development in China from a regional heterogeneity perspective

High-quality marine economic development in China from the perspective of green total factor productivity growth: dynamic changes and improvement strategies

High-quality marine economic development (HMED) is regarded as a new development pattern of the marine economy in China. This paper aims to examine the dynamic changes and improvement strategies of HMED from the perspective of the green total factor productivity (GTFP) growth. First, the GTFP growth of the marine economy in China’s coastal regions for the period 2007–2020 is calculated using the bootstrapped Malmquist index. Second, the dynamic changes and spatial impacts of the GTFP growth are characterized using kernel density estimation (KDE). Moreover, a novel analytical framework to study the improvement strategies of the GTFP is developed. Within this framework, the fuzzy set qualitative comparative analysis (fsQCA) method is used to explore the paths to achieve HMED. The findings show that: (i) the GTFP growth for coastal regions shows significant fluctuations, suggesting that a stable pattern of marine economic development has yet to be established; (ii) the regional distribution of GTFP growth varies significantly, with provinces with fast GTFP growth gathering resources from neighboring provinces, resulting in a siphon effect; (iii) for coastal provinces that lack certain development conditions, the combined effect of other advantageous factors can be used to achieve HMED. Finally, this study presents policy recommendations for achieving HMED, which can provide insights into the design of China’s future marine economic policies.

Legal Cooperation and Conflict Resolution Mechanism in Guangdong-Hong Kong-Macao Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is an important strategic region for China's economic development. The coordination and integration of its legal system plays a key role in realizing the economic, social and cultural integration in the region. However, as Hong Kong, Macao and Guangdong belong to different legal systems and social systems respectively, the differences between the legal systems lead to frequent conflicts of laws and hinder the coordinated development in the region. Based on the constitutional and legal foundations, historical and cultural backgrounds of Guangdong, Hong Kong and Macao, as well as the practical experience of Guangdong, this paper analyzes in detail the main challenges facing the current legal collaboration and conflict resolution mechanism in the GBA. These challenges are mainly reflected in the imperfect legislative design, the inadequacy of legal protection, and the unclear legal remedies. Through in-depth discussion of these issues, this paper proposes specific ways to establish a legislative coordination mechanism, formulate a unified substantive law, develop diversified relief channels, and ensure the equal application of law by residents of the three places, with a view to optimizing the legal cooperation and conflict resolution mechanism of the GBA, so as to provide a solid legal guarantee for regional stability and prosperity. The research in this paper not only provides a new perspective for understanding the complexity of legal integration in the GBA, but also puts forward feasible suggestions for deepening regional legal cooperation in the future.

Economic burden and influence factors among hospitalized children with bronchiolitis or pneumonia: a multiregional study in China.

Bronchiolitis and pneumonia are both significant lower respiratory tract infections with a profound impact on children's health. The purpose of this study is to explore the economic burden and related influence factors of pediatric patients with bronchiolitis and pneumonia in China. A face-to-face interview was employed for the investigation of hospitalized patients (≤5 years old) with bronchiolitis and pneumonia, along with their guardians from January to October 2019. Demographic and costs were collected from Shanghai, Zhengzhou, and Kunming, representing three regions with different levels of economic development in China. Multiple linear regression analysis was used to explore factors associated with the economic burden of the diseases. A total of 338 patients with bronchiolitis and 529 patients with pneumonia were included in the analysis. The average hospitalization and total cost for patients with bronchiolitis are 4,162 CNY and 5,748 CNY, respectively, while those with pneumonia are 6,096 CNY and 7,783 CNY. Patients from Shanghai, both bronchiolitis and pneumonia, exhibited the lowest cost expenditures, with average total costs of 3,531 CNY and 3,488 CNY, respectively. Multiple regression analysis indicated that, among bronchiolitis patients, factors such as region, medical insurance, relationship, loss of work time, and length of stay were found to be significantly associated with both hospitalization cost and total cost (p < 0.05). For pneumonia patients, the hospitalization cost and total cost were significantly impacted by region, medical insurance, and length of stay (p < 0.05). Bronchiolitis and pneumonia in children put substantial economic burden on families of affected children. The financial strain varies significantly across different regions, with families in underdeveloped areas and those dealing with pneumonia facing particularly daunting challenges. Targeted policies to reduce healthcare costs and improve insurance coverage, especially in economically disadvantaged regions are needed.

Analysis of Problems Faced by China's Economic Development

Analysis of Problems Faced by China's Economic Development

Economic policy uncertainty and Chinese companies' overseas investment

Overseas investment by Chinese enterprises is one of the critical trends in China's economic development in recent years, and more and more Chinese enterprises have begun to look at overseas markets to seek broader development space and resources. The study chooses publicly traded firms on the Shanghai and Shenzhen stock exchanges from 2011 to 2022 as its primary investigation pool, and confirms a series of findings:economic policy uncertainty negatively affects enterprises' overseas investment; good bank-enterprise relationship helps to improve Chinese enterprises' overseas investment. A good bank-enterprise relationship can help enterprises obtain financial support better, thus expanding overseas investment; government subsidies can drive Chinese enterprises to increase overseas investment. Government subsidies can mitigate the risk of Chinese enterprises' overseas investment to a certain extent, thus promoting the increase of Chinese enterprises' overseas investment; the impact of policy uncertainty on non-state-owned enterprises' overseas investment is more significant than that of state-owned enterprises.

Nexus between country governance, globalization, sustainable development policy, fair trade and economic sustainability: a mediation-moderation approach

Sustainable development of the economy is the goal of every country in the world. The eco¬nomic growth of China is accepted worldwide, but the Chinese economy also suffers from an economic crisis. The role of the Chinese government is important for chinses businesses and the economic sus¬tainability of the country. The theoretical framework of this study is designed to determine the impact of globalization and sustainable development policy on fair trade and economic sustainability in China. A questionnaire based on Likert scale were employed with a random sampling technique to collect the cross-sectional data for this research and 1094 responses were collected at the rate of 55%. AMOS sta-tistics tool was employed for the findings of this study based on a research questionnaire. The research concludes that globalization and sustainable development policy have a significant impact on fair trade and economic sustainability in China. This study introduced a new framework related to economic sus¬tainability in the body of knowledge. The theoretical and practical implications of this study have signif¬icance for literature and practitioners in China to achieve sustainability in the economy. The research is novel as it highlighted the importance of globalization and sustainable development policy for fair trade and economic development in China. Accordingly, it would be helpful for the policy makers to have reli¬able decisions for sustainable development and promotion of fair trade.

Sustainable Food: Reasons for the Attitude Behavioral Intention Gap among Consumers in Sustainable Consumption

Sustainable consumption is a popular trend today. The formal introduction of the term "sustainable consumption" began at the 1994 Oslo Symposium. Sustainable consumption basically refers to the use of natural, environmentally friendly, and recyclable green resources to serve society, protect the environment, improve quality of life, without affecting the lives and needs of future generations, while meeting the basic needs of humanity. The Chinese government is also actively promoting and deploying research and deployment on sustainable consumption. However, the research and practice process of sustainable consumption in China is not synchronized with developed countries. Compared to developed countries that started deploying and implementing the concept of sustainable consumption earlier, China's economic development stage is slightly behind developed countries, so the policy deployment and implementation of sustainable consumption in China was relatively late. The efforts towards sustainable development will benefit all of us. In the context of the development of sustainable consumption, the sustainability of food is a new industrial model of particular concern today. Sustainable food is cultivated and developed in ecological organic agriculture, and its continuous innovation and development help provide market opportunities for traditional agricultural farmers. The sustainability of food is committed to creating a resilient food system, achieving ecological species diversity and harmonious coexistence between humans and nature.

Dynamic trends and regional differences of economic effects of ultra-high-voltage transmission projects

This study on the economic effects of ultra-high-voltage (UHV) transmission projects in China provides valuable insights into the dynamic trends and regional differences of UHV transmission projects on county economic growth. By employing quasi-natural experiments and constructing a counterfactual control group, this study overcomes the endogeneity problem associated with UHV transmission project construction. The findings indicate that the construction of UHV transmission projects has indeed promoted the county economic development in China. However, it is observed that the employment and investment effects are significant only in the short term, while long-term economic growth primarily depends on the continuous upgrading of the industrial structure and integrating electricity market. Furthermore, this paper highlights the limited impact of UHV transmission projects on energy-rich areas, which may exacerbate regional development imbalances. It suggests that increasing investment in county's human capital may help stimulate the positive effects of UHV transmission projects in energy-rich areas. Additionally, this research preliminarily confirms that UHV transmission projects can help reduce environmental pollution, but energy-rich areas may face potential trade-offs between economic growth and environmental protection. The policy recommendations derived from the research findings can serve as valuable references for other developing countries aiming to develop transmission infrastructure.

How does carbon emissions trading scheme affect the investment efficiency of companies? Evidence from China

Carbon emissions trading scheme (ETS) will change the internal and external operating environment of related companies, increase new carbon reduction costs, and may affect their investment behavior and decision-making. This study constructs the policy effect evaluation model to evaluate the net effect of China's ETS pilot policy on the investment efficiency of related companies in high-carbon industries. This study indicates that: first, China's ETS pilot policy has reduced the inefficient investment of related companies by 11.40% during the sample period. Second, innovation ability plays an enhanced moderating effect in the inhibitory effect of China's ETS pilot policy on the inefficient investment of related companies in the short term, but the effect is weakened in the long-term. Third, the policy effect is relatively obvious for non-state-owned companies and companies with more institutional shareholdings. This research has important reference value for the continuous improvement of China's national carbon market, and the steady transformation from simple investment-driven to investment-efficiency-driven economic development in China.

Enhanced human activities since 20th century in pearl river delta, southern China: Evidence from high-resolution sedimentary records of polycyclic aromatic hydrocarbons and synthetic musks

To understand the environmental impact of anthropogenic activities, the high-resolution temporal and compositional variations of polycyclic aromatic hydrocarbons (PAHs), oxygenated PAHs, and synthetic musks, related to human activities were investigated in a sediment core taken from the Pearl River Estuary, southern China. The temporal trend of the target compounds was evidence of the considerable impact of anthropogenic activities in the Pearl River Delta. Two significant increases of the target compounds levels in the sediment core were aligned with two nodes of key periods of economic development in China, namely, the foundation of People's Republic of China (1950s) and China's accession to the World Trade Organization (2000s). Subsequently, the significant decline of the target compounds in sediments from the 2010s indicated the successful regulation of pollutant discharges and pollution control measures. The increase in the contribution of higher molecular weight PAHs suggested a potential transition from agricultural activities to industrial activities.

Spatiotemporal Coupling Relationship between Higher Education and Economic Development in China: Based on Interprovincial Panel Data from 2012 to 2023

This study explored the relationship between education and the economy in China, focusing on 31 provinces, municipalities, and autonomous regions from 2012 to 2023. It developed an appropriate evaluation model to assess the coupling and collaborative development of the ‘higher education and economy’ composite system. The study quantified both the quantity and quality of higher education modernization in China using the entropy-weight method and a comprehensive development- level evaluation model. The coupling-coordination degree model was applied to empirically analyze the internal logic, operating mechanisms, and coupling-coordination degree between the supply of higher education and the demand for high-quality regional economic development within the context of the new development pattern. Additionally, the obstacle degree model was introduced to identify factors hindering the coupling and coordination of higher education and regional economic development across 31 provinces and municipalities. The findings revealed that (1) the modernization levels of higher education exhibited fluctuating yet overall upward trends, with the eastern region leading. Economic development followed a similar upward trajectory, with the eastern region outperforming other areas. (2) The coupling coordination between higher education and economic development followed a ‘rising-falling-rising’ pattern. (3) The higher education system emerged as the primary obstacle to coupling coordination, with specific challenges varying across different regions.

How do storm surge disaster losses affect economic development?: Perspectives from disaster prevention and mitigation capacity

Storm surge disasters have caused devastating losses to coastal areas, making disaster prevention and mitigation capacity (DPMC) critical in promoting high-quality and sustainable economic development. In this paper, the systematic construction of a comprehensive index of storm surge disaster losses (SSDLs) and DPMC in China is described respectively. Then, panel fixed effect and threshold models are established to explore the relationship between SSDLs and economic growth, in particular, the moderating effect of DPMC. Our results reveal that, from 2006 to 2019, SSDLs exhibit an inverted N-shaped trend, with losses gradually decreasing from south to north. DPMC has been increasing but has visible spatial differences. Notably, SSDLs have a significant negative impact on economic development in China's coastal areas, however, DPMC can play an effective role in mitigating and regulating these negative shocks. With the continuous improvement of China's disaster prevention and mitigation system, SSDLs can be largely offset. Heterogeneity analysis shows that DPMC is most effective in the sample with a high SSDL, low DPMC, and in the southern marine economic circle in China. Further, the robustness tests are ensured by replacing measurement method, replacing GDP per capita with night-time lighting data, and replacing econometric models. Importantly, our study highlights the crucial non-linear role of DPMC in reducing the losses caused by storm surge disasters and promoting sustainable economic development. These findings provide valuable insights for policymakers to improve capacity building and subjectivity, regional cooperation and ensure the economic resilience of coastal areas in the face of storm surge disasters.

Impact of government support on firm carbon emission efficiency: The transmission channel of green innovation

The objective of “carbon peak” and “carbon neutrality” poses new challenges for China's economic development, where government promotion of firm carbon emission efficiency is an urgent issue to address. Using a sample of Chinese A-share listed firms from 2013 to 2022,this study explores the impact of government support on firm carbon emission efficiency and the mediating role of firm green innovation. Findings indicate that government support can significantly promote carbon emission efficiency, and firm green innovation mediates the effect of government support on firm carbon emission efficiency. Additionally, government support had a stronger positive impact on firm carbon emission efficiency in non-state-owned firms than state-owned firms.

Characteristics of low-carbon economy development in China at the present stage

Characteristics of low-carbon economy development in China at the present stage

Exploring the Reasons Behind Consumers' Crazy Buying Behavior

The ongoing expansion of the social economy has resulted in an improvement in Chinese inhabitants' living conditions. This has also influenced people's consuming concepts and actions. People are increasingly developing national self-confidence, deepening emotional resonance, and earning public awareness for a variety of national brand enterprises. As a result, these firms are progressively becoming a key factor in China's economic development. The Wahaha Company is depicted in the paper as an exploratory item. The purpose of this article is to look into Wahaha's actions, which may have influenced consumers to buy the product in huge amounts following the death of its inventor, Zong Qinghou. The analysis method is based on the marketing mix theory of 4Rs. This article uses the marketing mix theory of 4Rs to investigate why consumers purchased enormous quantities of products following Zong Qinghou's death, resulting in a significant boost in the company's sales. The study concludes that companies can improve consumer interaction by combining the marketing theory of 4Rs with appropriate emotional marketing, as well as staying current with health trends by developing specialty beverages that are more in line with consumer needs, using AI to provide better human care for the company, and developing closer relationships with consumers.

Empirical evidence on digitization enabling the transition to a green economy in China.

In the context of the new normal, enhancing digitalization to empower the transition to a green economy is a critical instrument to promote China's economic transition from virtual to real sectors. It is also a necessary approach to realize the high-quality economic development in China. Based on panel data of 282 prefecture-level and above cities in China from 2011 to 2020, the study employs panel regression, spatial metrics, and other methods to explore the impact of urban digitization on the transition to a green economy from the dimensions of direct and indirect transmission mechanism, as well as heterogeneous effects. The findings reveal that digitalization not only exerts a positive effect on the green transition but also generates significant spatial spillover effects. The influence of digitization level on green economic transition exhibits notable regional heterogeneity. Advancement in digitization can foster green economic transition by catalyzing green technological innovation. While digitalization contributes to the green transition by optimizing the structure of energy consumption, its mediating effect is relatively modest. Therefore, it is essential to fortify the supply of digital innovative technology and strengthen digitalization and green technology innovation to jointly facilitate the transition to a green economy. This necessitates the implementation of differentiated development paths for digitization-enabled green economic transition in various regions.

The impact of China’s total carbon emission control policy on low carbon total factor productivity

ABSTRACT The evaluation of the policy effect of total carbon emission control policy (TCP) is crucial to achieve high-quality economic development in China. This paper measures the low-carbon total factor productivity (LCTFP) of 282 Chinese cities from 2010 to 2021, and examines the impact of TCP on LCTFP through differences-in-differences (DID) method. The results show that TCP can effectively improve LCTFP in policy implementation areas. TCP has a stronger LCTFP promotion effect on eastern cities, resource-based cities and higher-level cities. Technological progress effect and industrial structure effect are important channels for TCP to improve LCTFP. TCP has a negative spatial spillover effect on LCTFP. This paper provides valuable references to promote the implementation of TCP in China.

Analysis of the Decoupling between Urban Economic Development and Transportation Carbon Emissions in China: Empirical Evidence from 284 Cities

Analysis of the Decoupling between Urban Economic Development and Transportation Carbon Emissions in China: Empirical Evidence from 284 Cities