Quantitative evaluation of the green production and consumption policies in China

Dual control of energy consumption is an effective method proposed in China to launch and deepen the transition in energy use.It has obtained favorable results;however,the resource consumption and pollution emissions per unit of Gross Domestic Product(GDP)remain high.This article quantitatively studies the current policies’effects to promote the advancement of dual control of energy consumption and develop future policies.Green production and consumption policies promote the development of dual control of energy consumption;therefore,this paper examines these policies through text mining and a quantitative evaluation system.The results suggest strong state demand for developing green production and consumption and the necessity for scientific evaluation;however,the state’s focus on the relevant policy tools is imbalanced.Constraint policy tools have the highest proportion of restricting pollutant emissions but lack comprehensiveness.Incentive and guidance policy tools have the problems of poor targets and low volume.Additionally,by constructing policy modeling consistency(PMC)index models for evaluating green production and consumption policies,six selected policies indicate solid performance,but some still have problems regarding policy timeframe,policy function,and green process.Based on the conclusions,this paper provides some targeted recommendations.

Resource pre-allocation algorithms for low-energy task scheduling of cloud computing

In order to lower the power consumption and improve the coefficient of resource utilization of current cloud computing systems, this paper proposes two resource pre-allocation algorithms based on the ＂shut down the redundant, turn on the demanded＂ strategy here. Firstly, a green cloud computing model is presented, abstracting the task scheduling problem to the virtual machine deployment issue with the virtualization technology. Secondly, the future workloads of system need to be predicted： a cubic exponential smoothing algorithm based on the conservative control（CESCC） strategy is proposed, combining with the current state and resource distribution of system, in order to calculate the demand of resources for the next period of task requests. Then, a multi-objective constrained optimization model of power consumption and a low-energy resource allocation algorithm based on probabilistic matching（RA-PM） are proposed. In order to reduce the power consumption further, the resource allocation algorithm based on the improved simulated annealing（RA-ISA） is designed with the improved simulated annealing algorithm. Experimental results show that the prediction and conservative control strategy make resource pre-allocation catch up with demands, and improve the efficiency of real-time response and the stability of the system. Both RA-PM and RA-ISA can activate fewer hosts, achieve better load balance among the set of high applicable hosts, maximize the utilization of resources, and greatly reduce the power consumption of cloud computing systems.

Green finance,fintech and environmental protection:Evidence from China

This paper is one of the first to offer a comprehensive analysis of the impact of green finance related policies in China,utilizing text analysis and panel data from 290 cities between 2011 and 2018.Employing the Semi-parametric Difference-in-Differences(SDID)we show that overall China's green finance related policies have led to a significant reduction in industrial gas emissions in the review period.Additionally,we found that Fintech development contributes to the depletion of sulphur dioxide emissions and has a positive impact on environmental protection investment initiatives.China is poised to be a global leader in green finance policy implementation and regulators need to accelerate the formulation of green finance products and enhance the capacity of financial institutions to offer green credit.While minimizing the systemic risk fintech poses,policy makers should encourage fintechs to actively participate in environmental protection initiatives that promote green consumption.