Carbon Policy | Enhancing an Economic System of Green, Low-carbon and Circular Development

China’s goal to achieve carbon neutrality by 2060, set in an ambitious timetable, calls for a profound socio-economic revolution. Since the dawn of the 21stcentury, China has engaged itself in a widespread, continuous social & economic transformation, and has taken actions to improve and reshape its development mode. The authors review and analyze China’s explorations in economic development modes over the past decades, and make clear that green, low-carbon and circular development would be an important future direction. On top of this assessment, the authors further propose a set of suggestions to promote the transition towards a green, lowcarbon and circular development mode, including mapping out an action plan, speeding up the formation of a policy and management system, promoting innovations in green technologies, improving incentive mechanisms and encouraging social participations, and strengthening international cooperation in related fields.

For detail, please refer to page 217.