scholarly journals Driving Investments Toward Sustainable Economic Growth in the People’s Republic of China

2019 ◽  
Author(s):  
Cameron Hepburn ◽  
Nicholas Stern
Author(s):  
Tleulina Aigerim

Investment cooperation between Republic of Kazakhstan and People’s Republic of China is, first of all, that, being mutually beneficial, it provides for different in nature economic results for the interacting parties. China, as a result of this cooperation, is pursuing a solution to the problem of maintaining sustainable economic development. For Republic of Kazakhstan, investment cooperation with People’s Republic of China should contribute to further maintaining sustainable economic growth and modernizing the national economy in order to effectively participate in the system of world economic relations.Since 2015, investment flows from China to Kazakhstan have shown positive dynamics, their average annual growth is 22%. At the same time, the largest volume of FDI falls on 2018: $ 1.5 billion - 37.6% more than in 2017, and 78.6% more than in 2015. For the first half of 2019, the gross inflow of investments from China amounted to 362 million US dollars.In the Republic of Kazakhstan from 2015 to 2019, Kazakh-Chinese projects are implemented for a total amount of $ 35 billion. During this period, 10 enterprises were launched.


2020 ◽  
Vol 37 (2) ◽  
pp. 201-224
Author(s):  
Chengzheng Li ◽  
Jiajia Cong ◽  
Haiying Gu

This paper uses historical fluctuations of weather variables within counties in the People's Republic of China to identify their effects on economic growth from 1996 to 2012. We find three primary results. First, higher temperatures significantly reduce the growth rate of county-level gross domestic product per capita: an increase in the annual average temperature of 1°C lowers the growth rate by 1.05%–1.25%. The effect of higher temperatures is nonlinear. Second, fluctuations in temperature and precipitation not only have a level effect, they also have a substantial cumulative effect. Third, weather fluctuations have wide-ranging effects. Beyond their substantial effects on the growth rate of agricultural output, they also affect nonagriculture sectors, labor productivity, and investment. Our findings provide new evidence for the impact of weather changes on economic development and have major implications for adaptation policies.


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