scholarly journals The Empirical Analysis on Environmental Effects Caused by China Foreign Trade

Author(s):  
Zhao Difei ◽  
Zheng Weiteng

Since reform and opening up, as an important factor of economic growth, trade has promoted the development of China’s economy sharply, at the same time, it brought about the destruction of the ecological environment which is the focus of academic debate. There is still not any definite conclusion about the impact of trade on the environment. In this paper, by establishing a measurement model, we calculate the environmental effects of trade from scale, technology and structure three aspects, conclusion shows that the structure effect and technology effect of liberalization of trade will improve the level of China’s environment, but the scale effect of trade while promoting economic expansion will cause environmental damage

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Hao Li

After the reform and opening up, China's economy has developed rapidly. But in the process of economic development, the ecological environment has also paid a huge price. The destruction of the ecological environment directly affects survival and development of people. Therefore, it is necessary to strengthen environmental governance. Everyone has also begun to focus on low-carbon development. The construction industry is a serious waste of building materials with large energy dissipation. Therefore it is also a key industry for low-carbon transformation. This article mainly analyzes low-carbon building design technology and studies specific development strategies.


2021 ◽  
Vol 235 ◽  
pp. 01054
Author(s):  
Chunhong Wang ◽  
Minru Zhao ◽  
Zhenhua Zhang

Since the reform and opening up, China’s economy has developed rapidly, the market economy is booming, and the financing demand of enterprises is also increasing year by year. As a new development concept, environmental, social and corporate governance (ESG) theory has become an important evaluation index for the future development of enterprises. How to achieve sustainable development has become a necessary challenge for enterprise financing. Based on ESG theory, this paper discusses the influence of corporate governance performance on financing cost, and studies the relationship between corporate governance performance and financing cost. Through the empirical analysis, this paper can draw a conclusion that good corporate governance performance can effectively reduce the financing cost. According to this conclusion, this paper puts forward some suggestions on corporate governance based on ESG rating system.


2020 ◽  
Vol 980 ◽  
pp. 459-468
Author(s):  
Zhi Lin Sun ◽  
Ju Yuan Luo ◽  
Weng Ang Xiang ◽  
Yu Meng Gong

The proliferation of beach renovation is affecting the change of the landform of the coast and threatening the ecological environment. Therefore, it is necessary to assess the impact on the environment after the beach is transformed. The survey area is located near the Shipu fishing port in the south of Ningbo City, Zhejiang Province. Based on the Delft-3D grid nesting model and wave-fluid coupling model, the astronomical tide and hydrodynamic environment of the 30 days before the construction were simulated. After the beach was rebuilt and sand was added and the spur dike was added, the astronomical tide and hydrodynamic environment were again simulated. Finally, based on the simulated data, the water level, velocity field, effective wave height distribution, and siltation and siltation of Xinhe Beach were obtained. Xinhe Beach's environmental damage risk indicators can be evaluated based on water level, velocity field, effective wave height direction and sediment erosion and deposition. Artificial sanding and construction of spur dikes will change the hydrodynamics and scouring and siltation of Xinhe Beach, but have little effect on the coastal terrain and ecological environment.


Author(s):  
Yiming WANG

Since the reform and opening up, China has made unremitting explorations of a transition to green development and promoted economic development to get rid of dependence on high consumption, high emissions and environmental damage, and shift to a green development mode that can help in the mutual promotion between economic growth and resource conservation, emission reduction and environmental improvement. This paper elaborates China’s progress and challenges in its transition to green development and provides responsive measures for future green transformation with Chinese characteristics.


2019 ◽  
Vol 11 (7) ◽  
pp. 2168 ◽  
Author(s):  
Yi Liang ◽  
Mingxing Chen ◽  
Dadao Lu ◽  
Zijin Ding ◽  
Zhi Zheng

The rise of China has had a profound impact on the world and regional political and economic pattern since the reform and opening-up. This paper studies the impact of China’s development on the evolution of the surrounding geo-pattern from the perspective of geoeconomics. Based on the sensitivity and vulnerability of asymmetric interdependence, trade and investment indicators are selected to construct a quantitative model to measure the relative economic dependence between China and neighboring countries. This paper analyzes the degree, types and trends of relative economic dependence and the relationship between economic interdependence and political relations, and investigates the surrounding geoeconomic cooperation. The results are shown as follows: (1) Since 2010, all neighboring countries have had relative economic dependence on China. China’s geoeconomic position in the surrounding area has radically transformed. (2) Since the reform and opening-up, the relative economic dependence of neighboring countries on China has been rising, from negative to positive and from low to high. After 2003, the types of relative economic dependence have gradually shifted from dual low and trade-compensative dependence to dual high and trade-oriented dependence. (3) Trade was the dominant factor in the relative economic dependence of most neighboring countries on China, and it was also the main factor contributing to China’s economic advantages over great powers in the neighborhood. The majority of neighboring countries’ investment dependence on China increased faster than their trade dependence, and the growth of their relative economic dependence will gradually turn to investment in the future. (4) The improvement of political relations between China and neighboring countries provides a foundation for the development of economic relations, and economic relations have the “inertia” of resisting political risks. The deepening of economic ties is conducive to friendly and stable political relations. (5) China’s peripheral geoeconomic strategy focuses on cooperation rather than competition. One of the goals of geoeconomics is the pursuit of joint economic benefits.


2019 ◽  
Vol 2 (4) ◽  
Author(s):  
Yu Guo

With the implementation of China’s reform and opening up policy and China’s successful accession to the World Trade Organization, more and more overseas financial institutions are participating in various Chinese banks, and the amount of investment is also expanding. Therefore, it is particularly important to study the impact of overseas financial institutions participating in the Chinese Banks on the operating efficiency of the China’s banking industry. Therefore, based on the previous literature research, this paper constructs six models to explore whether foreign financial institutions participate in shares and the impact of shareholding ratio on the operating efficiency of China’s banking industry.


2021 ◽  
Author(s):  
Hassan Benchekroun ◽  
Halis Murat Yildiz

We determine the impact of free trade on the sustainability of an international environmental agreement (IEA) and incorporate it into the assessment of the net benefits of opening up to free trade. We show that such an analysis can reverse the conclusions reached within a standard one-shot game framework. First, we examine a one shot game and argue that the benefits from an increase in economic activity due to free trade outweigh the extra cost of free trade associated with larger environmental damage. Then, we analyze the infinite repetition of the one-shot game where countries can use trigger strategies and show that there exist circumstances where an IEA is sustainable under autarky but not under free trade. This aggravates the environmental damages caused by free trade and leads to the possibility that autarky may welfare dominate free trade. This conclusion remains valid even when countries adopt the most cooperative environmental policy when the "fully cooperative" environmental policy is not sustainable.


2019 ◽  
Vol 07 (04) ◽  
pp. 1950014
Author(s):  
Jiahua PAN

China’s ecological environment construction has undergone three phases, i.e. the agriculture-based development phase with low productivity not long after the founding of the People’s Republic of China (P.R.C.), the industrial development phase after the adoption of reform and opening-up policy, and the phase toward ecological civilization, each of which has its own features, challenges, responsive measures and achievements. From the year 1949 to the adoption of reform and opening up policy, the Chinese society was characterized by farming culture on the whole, facing problems such as frequent natural disasters, shortage in food production and low urbanization level. To jump out of the Malthusian Trap, the founders of the P.R.C. led people to prevent floods by water control, water conservancy projects and reclamation of wasteland, which alleviated but did not solve the problems because China still suffered poverty and backwardness, and failed to shake off the Malthusian Curse. After the adoption of the reform and opening-up policy, the rapid progress in industrialization and urbanization has liberated farmers from land and greatly improved labor productivity; meanwhile, some lands were released from farmers’ hand, which not only made the value of land resources much higher but also enabled land rehabilitation and ecological self-restoration. Although rapid industrialization and urbanization enormously boosted productive forces and accumulated immense amount of material wealth, but since the beginning of the 21st century, China’s development has been drawn near to the ecological red line, environmental threshold and resources upper limit of industrial development, constantly challenged by sustainable development. After 2010, China has initiated the transformation to ecological civilization, featuring ecological protection, pollution control and resource conservation, aiming to promote the harmonious development between man and nature.


2020 ◽  
Vol 2 (1) ◽  
pp. 43-60
Author(s):  
Dan Qiao ◽  
Shuifa Ke ◽  
Xiaoxiao Zhang ◽  
Qiya Feng

PurposeThe paper aims to explore the impact of marketization on forestry economic growth. Firstly, the development process of forestry marketization was summarized. Secondly, from the three dimensions of forestry production factor marketization, production marketization and product marketization, the framework of marketization is constructed by the authors.Design/methodology/approachBased on the yearbook data from 1978 to 2016, the relationship between forestry marketization and forestry growth was demonstrated through multiple regression and Granger test in this paper.FindingsThe results showed that forestry marketization was one of the important driving factors that impacted on China's forestry economic growth. Since the reform and opening up, China's forestry marketization degree has been constantly strengthened, but there is still room for improvement. China has provided an important model as forestry marketization reform and development sample for the world.Social implicationsMany useful references and inspirations have been provided from China such as gradually promoting market-oriented reforms; paying attention to the important role of reform and opening up in the construction of market mechanism; dynamic coordination of market and government relations; developing and connecting the relationship between domestic and international market; and coordinating the development of forestry state-owned economy, private economy and mixed ownership economy.Originality/valueThis paper creates a measure index of forestry marketization from three dimensions of forestry production factor marketization, production marketization and product marketization.


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