To improve our understanding of the carbon balance, it is significant to study long-term variations of all components of carbon exchange and their driving factors. Gross primary production (GPP), respiration (Re), and net ecosystem productivity (NEP) from the hourly to the annual sums in a subtropical coniferous forest in China during 2003–2017 were calculated using empirical models developed previously in terms of PAR (photosynthetically active radiation), and meteorological parameters, GPP, Re, and NEP were calculated. The calculated GPP, Re, and NEP were in reasonable agreement with the observations, and their seasonal and interannual variations were well reproduced. The model-estimated annual sums of GPP and Re over 2003–2017 were larger than the observations of 11.38% and 5.52%, respectively, and the model-simulated NEP was lower by 34.99%. The GPP, Re, and NEP showed clear interannual variations, and both the calculated and the observed annual sums of GPPs increased on average by 1.04% and 0.93%, respectively, while the Re values increased by 4.57% and 1.06% between 2003 and 2017. The calculated and the observed annual sums of NEPs/NEEs (net ecosystem exchange) decreased/increased by 1.04%/0.93%, respectively, which exhibited an increase of the carbon sink at the experimental site. During the period 2003–2017, the annual averages of PAR and the air temperature decreased by 0.28% and 0.02%, respectively, while the annual average water vapor pressure increased by 0.87%. The increase in water vapor contributed to the increases of GPP, Re, and NEE in 2003–2017. Good linear and non-linear relationships were found between the monthly calculated GPP and the satellite solar-induced fluorescence (SIF) and then applied to compute GPP with relative biases of annual sums of GPP of 5.20% and 4.88%, respectively. Large amounts of CO2 were produced in a clean atmosphere, indicating a clean atmospheric environment will enhance CO2 storage in plants, i.e., clean atmosphere is beneficial to human health and carbon sink, as well as slowing down climate warming.
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