Environmental Technical Standards and the Green Transition of China’s Manufacturing Industry

Distinct from the existing literature conforming to the Porter hypothesis which emphasizes the technological innovation mechanism,this paper examines the mechanism of technological transformation through which environmental technical standards influence the manufacturing industry in reducing emissions and improving efficiency(i.e.green transition).Furthermore,drawing upon enterprise samples from the databases of Chinese Industrial Enterprises and Chinese Industrial Pollution Sources from Major Monitored Enterprises,it empirically validates the results of the theoretical analysis.Overall,our research reveals that environmental technical standards can propel manufacturing enterprises to reduce pollution and increase productivity by following an incremental path of technological transformation,thereby achieving a green transition.Moreover,environmental technical standards indirectly promote green technology innovation in the upstream equipment manufacturing enterprises.Heterogeneity analysis further shows that environmental technical standards have a stronger effect of green transition on those companies with higher pollution emission intensity,lower productivity,slower capital renewal and stronger financing capacity prior to implementing the environmental policies.

Carbon Neutrality-oriented Approach to Mid-and Long-term Low-Carbon Transition Towards the New Climate Change Goals

Green and low-carbon transition has become an important development direction for future global economy and society.President XI Jinping pointed out that it is necessary to incorporate the goal of peaking carbon emissions and achieving carbon neutrality into the overall plan for economic and social development and ecological civilization construction.This is a major strategic decision made by the CPC Central Committee in consideration of both the international and domestic situations,and has been highly praised by the international community.It will contribute to the pursuit of the goals of high-quality development and ecological progress,inject strong impetus into the international response to climate change and the full and effective implementation of the Paris Agreement,and add new momentum to the post-epidemic global green recovery as well as the building of a community for all life on earth.However,the realization of the dual carbon target is very challenging,facing with multiple constraints such as technology,capital and system.At the same time,it needs to coordinate the relationships between short-term and long-term,development and emission reduction,and international and domestic.This paper organically combines the long-term low-carbon development strategy with the two phased goals of socialist modernization,and puts forward the timetable,roadmap and priorities for China's dual carbon targets.Moreover,it provides countermeasures and suggestions to promote the orderly implementation of the dual carbon strategic goals from six aspects:industrial structure,energy structure,technological innovation,regional coordination,institutional policies and international cooperation.

China and the World under the Goals of Carbon Peaking and Carbon Neutrality:Green and Low-Carbon Transition,Green Finance,Carbon Market,and Carbon Border Adjustment Mechanism

China has always tried to maintain multilateralism and advocated working together to deal with global climate change through multilateral mechanisms.Although China's announcement to peak its carbon emissions by 2030 comes as no surprise,its commitment to carbon neutrality does.As the period between its carbon peaking and carbon neutrality is far shorter than that in the developed countries,China's economic and energy structures need to be adjusted toward the low-carbon and carbon-free end with unprecedented efforts.To that end,China should define the responsibilities of local authorities and industrial entities to promote the orderly accomplishment of carbon peaking in all regions and industries.To supply the huge investments needed to achieve the goals of carbon peaking and carbon neutrality,China has an urgent need to accelerate the development of green finance and a national carbon emissions trading market,guide the rational allocation of resources,and channel resources to eco-friendly projects for green and low-carbon development.At the same time,China and the international community should strengthen dialogue and coordination,promote international cooperation on the way to carbon neutrality,formulate widely acceptable policy guidelines as soon as possible,and avoid unilateral measures that may cause conflicts.

Promoting the High-Quality Development of the Belt and Road:A Taxation Perspective

This article sets out the evolution journey of trade and investment since globalization,the relationship between foreign direct investment and gross do-mestic product growth,revisits the utilization of tax incentives in the past,explores the tax incentives for the post-pandemic recovery period in 2023,and provides some thoughts on how the BRITACOM platform may support high-quality growth.