China's path to a green economy

Haifeng Huang, Ph.D., Assistant Dean at Peking University HSBC Business School

How does China's future development strategy achieve a green economy?

China's future development strategy is closely linked with green thinking and green development design. The Chinese government elevated the Green Economy to a national strategy and the Chinese government has also started to implement their concept of the "ecological civilization". There is a famous motto by Chairman Xi Jinping who said that: "The Green Mountains and Green Rivers (healthy rivers are commonly described as a shade of green in China) are as valuable as Mountains of Gold and Rivers of Silk". This is the so-called two mountains theory which shows how China has changed its way of thinking. In the past, China only focused on material goods and GDP. But now, China is focused on green GDP, on efficiency and also on green development. This...

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