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Mega‐city regions (MCRs) have emerged as the main spatial form of China's new urbanization strategy and become the basic spatial units participating in global and regional competition. However, MCRs are not equally capable of boosting regional economic development due to their different levels of development. Therefore, this paper adopts the concept of competitiveness as both a theoretical framework and an empirical model to evaluate the development status of China's MCRs. Based on a review of the existing literature, this paper proposes a multi‐tier evaluation system to calculate the competitiveness of 13 MCRs. The chosen indicators come from the six perspectives of economic development, human resources, infrastructural accessibility, integration into the global economy, capacity for scientific and technological innovation, and sustainable development. The results show that there are great disparities and regional inequalities in competitiveness across different MCRs. The Yangtze River Delta, Pearl River Delta, and Beijing–Tianjin–Tangshan MCRs are the first‐tier MCRs with the highest levels of development and have significant global influence as well. Chengdu–Chongqing, Shandong Peninsula, South‐central Liaoning, and Wuhan belong to the second‐tier of MCRs that show partial advantages and have significant regional influence. The remaining regions belong to the third‐ or fourth‐tier of MCRs that have relatively weak competitiveness. The competitiveness of MCRs largely depends on the concentration of core elements in core cities. [ABSTRACT FROM AUTHOR]

China's environmental governance exhibits a significant imbalance with its economic development. To enhance the "green" and sustainable practices of enterprises, employing environmental, social, and governance (ESG) principles is imperative. The literature examining the correlation between ESG and green innovation (GI) lacks detailed clarity and obscures the different effects of each dimension. Inefficient resource allocation may also result from ignoring the distinct implementation costs associated with each dimension of ESG. Such problems eventually hinder the guidance of corporate practices. Therefore, the promoting or inhibiting effects stemming from each of these dimensions warrant further study. In this paper, we use data from A‐share listed companies in China for the years 2004 to 2020 to investigate the mechanism that links the E, S, and G dimensions of ESG with GI from an externality perspective. We prove a linear or U‐shaped relationship between the E or S dimension and GI, and we explore the mediating effect of financing constraints on these relationships. We compare these dimensions under a unified theoretical framework to clarify their differences in externality and internality. This study's results highlight the importance for enterprises to emphasise environmental issues and social recognition, instead of just corporate operations, to achieve sustainable development. [ABSTRACT FROM AUTHOR]

Efficient allocation of resources and transition towards cleaner sources of energy are among the key factors in minimizing the negative externalities arising from the growing dependency on fossil fuels. Moreover, environmentally benign trade policies are crucial due to the rapid expansion in global trade and comparative advantage. To explore the relationship between global trade and Consumption‐Based Carbon Emissions (CBCE) in China in the context of renewable energy consumption and energy efficiency from 1990 Q1 to 2020 Q4, this paper employs the dynamic Autoregressive Distributed Lags (Dynamic ARDL) model to evaluate the connection between international trade, renewable energy usage, energy efficiency, and CBCE, with the Kernel‐Based Regularized Least Squares analysis being used to determine the causal association. The findings reveal that GDP and imports are directly linked with CBCE in the long run, while exports, energy efficiency, and renewable energy consumption have a negative significant long‐run and short‐run influence on CBCE. In addition, exports help in the reduction of CBCE by sharing and adapting environmentally friendly technologies adopted in, for example, renewable energy and ecological advancements. Renewable energy promotes the quality of the environment, which is attributable to the performance of renewable energy and environmentally friendly technologies that directly stimulate the reduction of CBCE emissions. By cutting CBCE, energy efficiency tends to boost environmental quality. The research findings have noteworthy policy implications; trade enhances the quality of environment by introducing lower energy intensive production methods and technology that support sustainable development. As a result, this study advocated quite stringent policies in terms of aligning international trade orientation with environmental quality policy in China. Furthermore, energy efficiency policies are required to lower CBCE by focusing on high‐energy‐using industries and providing alternative clean energy sources. [ABSTRACT FROM AUTHOR]

A high‐quality green transition is essential to achieving sustainable and coordinated global development. In this paper, a new method of two‐step geometric average is proposed to measure green transition, and a comprehensive framework on the relationship between sustainability and coordination via the propelling force of green transition is constructed at both the national and provincial levels. In addition, the mediating effect model and the threshold model are employed to empirically verify the mechanisms and influences. According to the results, green transition can contribute to regional economic growth at national level and to the coordinated development of regional economies at provincial level in China. Meanwhile, the non‐linear 'U‐shaped' relationships between green transition and regional economy are demonstrated in Asia and the eastern region of China, and spillover effect of technological innovation can indirectly promote regional development. In addition, the heterogeneity effect of green transition fully releases the dividend of economic quality and environmental governance capacity, promoting the coordinated development of regional economies. In the meantime, the driving force of green transition on regional economy is dependent on the external environment, particularly before and after the outbreak of COVID‐19, when its impact has altered substantially. Therefore, it is necessary to promote green transition via greater technological innovation efficiency, and then to restore the vitality of regional economic development; which could provide policy makers and professionals in the regional economy with information for enhancing sustainable and coordinated development. [ABSTRACT FROM AUTHOR]

China's extensive economic growth has been accompanied with high levels of pollution, and excessive energy consumption has brought serious pollution problems. The use of financial resources to regulate green production modes and encourage high‐quality economic development has become a major focus in academia. At the same time, growth enterprise market (GEM) enterprises, which mainly operate in technology‐intensive industries, are assumed to have a simulating effect on regional innovation. Therefore, this paper utilizes the capital return differences of 4437 listed companies and 920 GEM companies based in 30 provinces of China from 2008 to 2018 to quantitatively analyze the levels of financial misallocation. With two‐stage regression method, the direct effect of financial misallocation on regional green total factor energy efficiency (GTFEE) and the indirect impact observed when taking regional innovation as an intermediary variable are discussed. Furthermore, dynamic threshold panel regression and heterogeneity analysis are used to verify the above nonlinear relationship. The empirical findings indicate that financial misallocation enhances innovation capability and further restrains GTFEE. With an improved degree of marketization and environmental regulation, the inhibitory effect of financial misallocation on GTFEE is more significant. [ABSTRACT FROM AUTHOR]

Local governments and enterprises are two important actors in China's environmental governance system. A better understanding of the interaction between corporate environmental responsibility (CER) and governmental environmental responsibility (GER) will help to enhance the collaboration between corporations and the government, craft a good environmental governance system, and achieve coordinated development of economic development and environmental protection. This paper divides GER into three types: policymaking responsibility, implementation responsibility, and supervisory responsibility. Based on panel data on Chinese manufacturing companies listed during the period 2012–2017, this paper analyzes the relationship between GER and CER and explores the impact of the collaboration between the two on regional environmental pollution. The research results show the following: (1) in China, policymaking responsibility significantly promotes CER, whereas implementation responsibility has a significant negative impact on CER, and supervisory responsibility has no significant influence. (2) The collaboration between GER and CER effectively reduces solid waste discharge in a region but does not significantly reduce SO2 emissions or wastewater discharge. [ABSTRACT FROM AUTHOR]

On the path to carbon neutrality, the journey to net‐zero emissions in the industry is achievable, and the green development of industrial parks is crucial for a smooth transition. We examined a sample of 171 green industrial parks certified by China's Ministry of Industry and Information Technology (MIIT). Using the Tapio decoupling model, we conducted decoupling analyses at both the national and regional scales of their economic growth and environmental conservation for three consecutive years. Spatial heterogeneity is found in carbon‐economy decoupling states and carbon‐pollutant synergy effects. Industrial parks in the east of China present better carbon‐economy decoupling states and carbon‐pollutant synergy effects than the other regions. The CO2 emissions determinants were explored by using the STIRPAT model. The variable industrial value‐added per capita, which is representative of economic growth, presents a positive and significant effect on emissions; the energy output and the proportion of high‐tech industries present a negative effect. However, after dividing the parks into groups by their leading industries, the influence of the variables started to show a power discrepancy. The heterogeneity analysis of this study can provide a basis for developing diversified strategies for Chinese industrial parks under the net‐zero emission goal. Plain Language Summary: This paper evaluated the economic development and environmental impacts of the 171 green industrial parks certified by the Ministry of Industry and Information Technology (MIIT) of China, using data and materials that were inventoried and summarized for the first time. The relationship of economic growth and CO2 emissions and other major pollutants was examined using the Tapio decoupling model, and the results suggest strong decoupling states for most of the cases, and a significant carbon‐pollution synergy effect. Further regression analysis indicated that industrial output and green and high‐tech industries are significant drivers of decoupling. The discoveries will guide future actions and policies toward sustainable development for the industrial parks of China. Key Points: Economic growth and environmental impacts are strongly decoupled for most of the studied green industrial parksA significant carbon‐pollution synergy effect is found in the green industrial parksIndustrial output and green and high‐tech industries are significant drivers of CO2 emissions but show discrepancy in different industries [ABSTRACT FROM AUTHOR]

This paper uses China's provincial border counties as samples to explore the role played by administrative boundaries in uneven regional economic development. The results indicate that the gap between provincial border counties and other regions is increasing and that economic diffusion to provincial border counties from developed regions is extremely weak. Moreover, provincial border counties have become economically backward. A regression analysis model that includes certain novel factors that are likely to influence economic growth confirms the significant effects of government intervention and administrative boundaries on economic growth in provincial border counties. This paper concludes that administrative boundaries' effects should be nullified by limiting preferential development policies and implementing policies that instead help provincial border counties engage in sustainable development. [ABSTRACT FROM AUTHOR]

There is mounting theoretical and empirical research that explains the reasons for the rapid expansion of China's export trade, but they mostly ignore the effects of cultural differences. To fill this gap, this paper provides an empirical investigation of how cultural diversity affects the sustainable development of trade, which is defined as the goal of maintaining certain volume of trade and making trade growth sustainable. The findings are as follows. (1) Cultural diversity can significantly promote the sustainable development of trade. (2) Entrepreneurship is the possible channel wherein cultural diversity affects the sustainable development of trade, including innovation entrepreneurship and business entrepreneurship. (3) Further studies demonstrate that economic openness has a significant moderating effect on the relationship between cultural diversity and the sustainable development of trade. That is, the higher the level of openness of a city, the stronger the promotion of cultural diversity to the sustainable development of trade. This study not only deepens understanding on the relationship between culture and trade but also provides important policy implications for many countries that have high migration rates. [ABSTRACT FROM AUTHOR]

Sustainability is an important topic in the development process of urban agglomerations. Sustainability assessment is an effective way to monitor the sustainable development of urban agglomerations. Based on the three‐pillars model, the paper assessed the sustainability of the three major urban agglomerations in China by selecting 18 indicators from economic, social, and environmental dimensions. A new sustainability‐differentiation‐combined weighting method was proposed, which considers the sustainability at indicator level as well as highlights the difference at urban agglomeration level. The assessment results show that the Pearl River Delta (PRD) urban agglomeration performed best, followed by the Yangtze River Delta (YRD) urban agglomeration and the Beijing‐Tianjin‐Hebei (BTH) urban agglomeration. However, the sustainability level of the three urban agglomerations was not high. It primarily caused by the downward development trend of economic sustainability of the three urban agglomerations. And the YRD and PRD urban agglomerations had lower performances on social sustainability. The spatial sustainability of the urban agglomerations was also analyzed, and the results show the spatial linkage development within the urban agglomerations was poor. Based on these findings, some valuable suggestions were provided as reference for the sustainability construction of the urban agglomerations. [ABSTRACT FROM AUTHOR]

The impact of disasters on the macroeconomy has moved to the centre of sustainable development in a country and regions, as disasters can affect all sectors of society. It is of great practical value for comprehensive disaster reduction and sustainable development to better determine these impacts, analyse different types of disasters and different impact types, and clarify both positive and negative implications for the macroeconomy from the short term to longer term. Disasters have played an especially important role on China's economic development with implications examined in this paper. [ABSTRACT FROM AUTHOR]

From a regional entrepreneurial ecosystem perspective, we theoretically interpret and empirically testify the mutual promotions between inclusive finance, entrepreneurship, and development. To do so, a two‐period overlapping generation model is introduced to interpret the mechanism, and then a panel vector auto‐regression model based on 31 provinces (and municipalities) in China from 2005 to 2016 is constructed. We find that: (a) Due to the development‐promoting ability, self‐reinforcing ability and multiplying effect, it is possible and worthy to construct a sustainable developing system. (b) However, an insufficient human capital endowment might be a critical obstacle, which is revealed as a precondition of this sustainable system. (c) Moreover, it is necessary to promote sustainable development of financial inclusion and entrepreneurship, due to the lack of directly promoting effect from economic development. (d) Thus, governmental complement is indispensable because of polarization led by the endowed wealth gap, and continuous promotion is appealed due to the transforming lag of mutual promoting feedback. [ABSTRACT FROM AUTHOR]

The increasing resource and environmental pressures have impeded China's efforts to quickly promote its people's quality of life, while protecting its natural environment. Due to lack of resources, technologies and capital, China needs to seek a more integrated development strategy. Industrial ecology (IE) may be one solution as it aims at optimizing the use of materials and energy in products, processes, industrial sectors and economies by systemically mimicking natural systems in an industrial setting. The relevant practices and experiences in the developed world have proved that there is a degree of effectiveness and efficiency to development through the application of IE. It is even more critical to apply the principles of IE in China, where resources are scarce. However, compared with developed nations, China faces different environmental, economic and social constraints. Therefore, China has to adopt different approaches to implement the concept of IE. In this paper, we first review the current practices in eco-industrial development in China. Then the advantages and barriers to applying IE in China are analyzed and recommendations are provided. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]

This paper examines the contribution of exports to growth in China since the early years of the decade. It is estimated that, despite a high import content ranging between 40 and 50 percent, approximately one-third of Chinese growth before the global crisis was a result of exports, due to their phenomenal growth of some 25 percent per annum. This figure increases to 50 percent if spillovers to consumption and investment are allowed for. The main reason for excessive dependence on foreign markets is underconsumption. This is due not so much to a high share of household savings in GDP as to a low share of household income and a high share of profits. It is argued that China can no longer maintain such high growth rates for its exports, and, therefore, needs to turn to consumption-led growth by expanding the share of wages and household income in GDP and accelerating public spending in social infrastructure. [ABSTRACT FROM AUTHOR]

Recent studies confirm that financial support for innovative entrepreneurial firms is important for sustainable productivity growth in China and for a rebalanced global economy. [ABSTRACT FROM AUTHOR]

This article retests the separability of China's rural households in light of growing doubt about the sustainability of high economic growth in China. If a household's production decisions are 'separable' from the household's consumption decisions, generally this suggests there is no surplus labor. Many scholars aver that China's surplus rural labor has spurred rapid economic growth, but concerns have arisen as to whether China still has surplus labor available. We investigate this issue using rural household panel data from 1993 to 2009 The regression results confirm that households in rural China have progressed from being non-separable to separable. The estimation results for both the entire country and regions reject the separability hypothesis before 2004 but fail to reject the hypothesis after 2004 (with the exception of the central region). These results suggest that China's surplus labor supply is dwindling, especially in the eastern and the western regions. The sustainability of China's high economic growth is questionable in the absence of a large reservoir of surplus rural labor. [ABSTRACT FROM AUTHOR]

This study aims to investigate the relationship between China's exchange rate, foreign direct investment (FDI) inflows, and economic development. We applied the bound testing approach on aggregate level data from 1981 to 2013. The results showed that the Chinese economy benefitted from a lower exchange rate over this period, and that there was a direct link between FDI inflows and economic development on an aggregate level both in the long and short run. The results of the Granger causality test identified a long‐ and short‐run association among these variables. The GMM estimations with dummies for financial crises and RMB exchange rate policy fluctuations also confirmed the growth enhancing impact of the exchange rate and FDI inflows. To promote sustainable economic development in the future, China should focus on improving the levels of domestic investment and human capital, as well as supervising the level of openness and capital controls. [ABSTRACT FROM AUTHOR]

China is simultaneously the world's biggest polluter, largest victim of pollution, and most ferocious fighter against pollution. So the question is: How can pollution be reduced to pave the way for the ecological civilisation of the future moderately affluent Chinese society? For China to play a leading role in escaping the global environmental crisis, for the benefit of its own population and the rest of the world, technological improvements and the greening of the economy, important as they are, will not suffice. More is needed in terms of limiting resource consumption, namely a reorientation from economic growth towards sustainable consumption and sufficiency. Improving efficiencies on all levels by technological and social innovations is a condition for this, as is a change of consumer aspirations from more to better, towards sufficiency and a good life. Chinese philosophical traditions and values offer anchoring points for such a green enlightenment. [ABSTRACT FROM AUTHOR]

Rapid economic growth and urbanization have contributed to increasing concerns around sustainable development in China. Although urban sustainable development is often comprised of environmental, economic, social and governance aspects, most empirical studies on the public perception of sustainability have exclusively focused on the environmental aspect. Using extensive survey data from three representative cities in Henan Province, China, this study is a first endeavor to examine how perceptions of urban sustainability performance and concerns vary by demographic and socio‐economic status of local residents. This study documents that familiarity with sustainable development concepts is positively associated with education, income, party affiliation and personal health of individuals, while negatively correlated with age. In addition, this study has shown that the most severe threats to sustainability as perceived by citizens are air pollution, corruption, income and education inequality, and excessive industrial production. At the same time, economic indicators such as unemployment, poverty and consumerism are considered lesser threats than social inequality or environmental pollution. Furthermore, residents generally view the sustainable development performance of their cities as mediocre. While generally younger residents and residents with higher levels of education tend to be more critical and long‐term residents tend to be more forgiving, results frequently show that concerns and attitudes towards sustainable development by various socio‐demographic groups differ from city to city. This is strong evidence to support independent local policies tailored to the socio‐demographics of each individual city. [ABSTRACT FROM AUTHOR]

The resource-development trajectory of developed countries after the Industrial Revolution of the eighteenth and nineteenth centuries can be portrayed as an ' environmental mountain' (EM). It is important for developing countries to decouple their resource use from economic growth and tunnel through the EM. In this study, we embedded the decoupling indicators for resource use and waste emissions into EM curves to quantify China's progress in tunneling through the EM over a specific time period. Five case studies regarding the conditions required for decoupling energy consumption, crude steel production, cement production, CO2 emissions, and SO2 emissions from economic growth in China were conducted. The results indicated that during 1985-2010 the trajectories of energy consumption, and CO2 and SO2 emissions in China met the requirements for tunneling through the EM, but the trajectories of cement and steel production did not. Based on these results, suggestions regarding China's environmental policies are provided to enable the country to tunnel through the EM. [ABSTRACT FROM AUTHOR]

Wastewater treatment infrastructure (WWTI) construction in China has entered an accelerated stage of development in recent years as a result of rapid economic growth, urbanization, and the demand for improving water quality. As a result, a large amount of resources and materials will be allocated for the WWTI, and it is particularly important to find ways to reduce resource consumption effectively so that social dematerialization and sustainable development can be achieved. In this study, we employed the dynamic material flow model to estimate the material flows and stocks of WWTIs and the associated carbon dioxide (CO2) emissions through 2050, considering effects of a rise in water consumption, a longer lifetime, and an increased material recycling rate. Our results indicate that material consumption in WWTIs will increase rapidly through 2025 to meet the needs of the increased volume of discharged wastewater as well as to overcome the shortage of existing wastewater treatment plants. In contrast with the moderate effects of rise in water consumption, prolonging the lifetime will greatly reduce material consumption in WWTI construction during the period 2030-2050, and approximately 60% of the total material input will be saved in the medium-lifetime scenario, compared with the short-lifetime scenario. Material output and CO2 emissions associated with WWTIs will be reduced by 87% and 37%, respectively, in the medium-lifetime scenario, compared with the short-lifetime scenario, under high-water-consumption growth. Our results highlight the great importance of pipeline construction and cement consumption in resource consumption associated with WWTI construction in China. Moreover, this study also examined the potential ways to reduce material consumption in WWTI construction in the context of the demand chain, the design, construction, operation and management, and demolition. [ABSTRACT FROM AUTHOR]

China launched a new urbanisation programme for the period of 2014-2020. The new urbanisation programme will produce positive impacts on China's social and economic development through focusing on integrated urban and rural development, creating city clusters and promoting sustainable urban development. However, the new urbanisation programme may also bring some new social and economic problems, like widening the gap in urban development between different regions in China, leading to the formation of a new urban poor class, based on the current design and implementation. To minimise the negative effect, we suggest to better deal with the relationships between market and government and between economic and social development in the process of urbanisation. We argue that the key is to allow the market to determine the flows of capital, land and people in the process of urbanisation so as to achieve a sustainable development of China's urbanisation. [ABSTRACT FROM AUTHOR]

China has experienced remarkable economic growth since the reforms of Deng Xiaoping in the late 1970s. This growth has come at a significant environmental and social cost, raising the question of whether the country needs to focus more on sustainable development than on economic growth for its own sake. Moreover, there is growing recognition in China that more attention needs to be paid to achieving environmental and social as well as economic goals. This recognition has come in the form of changes in public policy, in pronouncements by Party leaders, and in the research and writings of academics, think tanks, and industry associations. As the authors also point out, sustainable development on a global scale is now as dependent on the actions of large corporations as on government policies. And one way of assessing China's commitment to sustainability is to compare the behavior of its largest 100 companies to that of the largest 100 corporations in the United States. In making this comparison, the authors use two, admittedly imperfect, indicators of sustainability that suggest that the extent of the commitment to sustainability is roughly comparable in both countries. The first of the two indicators is membership in the UN Global Compact. On that score, the authors report that exactly 15 of the top 100 companies in both China and the U.S. have formally endorsed its ten principles regarding human rights, labor, the environment, and anticorruption. The second indicator is the percentage of the largest 100 companies that produce a sustainability report based on the guidelines of the Global Reporting Initiative. Using that measure, the authors report that about half of China's largest companies produce a sustainability report based on the GRI guidelines. Although that percentage is smaller than the two-thirds of U.S. companies that now provide such reports, the authors are encouraged by the trend, and by the pattern of adoption in which larger companies are clearly leading way. [ABSTRACT FROM AUTHOR]

Cina's economy in 2005 chalked up another year of 9.9 percent surging growth. In 2005 the government's attention was focused on the many negative consequences of China's past unbridled economic growth, from rural poverty to environmental degradation and wide income disparities, calling for more “sustainable growth” or “balanced development”. The new development paradigm fit nicely into President Hu Jintao's concept of “scientific development”, and was embraced by the 11th Five-Year Program (2006 - 2010). The year 2006 might go down in China's economic history as an important turning point, as the Hu-Wen leadership will start new development strategies to fix problems previously associated with strong economic growth. Strictly speaking, many of China's “growth problems”, from regional disparities to environmental degradation, are actually quite inevitable - as apart of the development process. But their gravity has often been aggravated by poor governance, blatantly pro-growth policies, and local corruption. Overall, the Chinese leadership has come to realize that its past development patterns are physically unsustainable, and politically and socially unacceptable. It has embraced the need to change. But all development changes will take a long time to yield concrete results. Edited by Xiaoming Feng [ABSTRACT FROM AUTHOR]

The article focuses on the limiting factors to environmental protection and policy implementation in China. The country's environmental performance, governance and economic status among industrialized nations was examined. It found out that the government attempts in protecting the environment were hindered by various constraints such as socio-economic, institutional and legal factors. The country also faced the problem of maintaining its economic growth with ecological sustainability.

Under the influence of economic growth theories, the idea of sustainable development has been revised to sustainable economic development. As a result, cultural concern has often given way to economic calculation in the course of development. This has been evident in the case of China, where economic construction has destroyed a number of invaluable heritage sites. Development in China, therefore, may not be sustainable, since the major concern of its development policy is focused on sustainable economic development rather than sustainable development. Copyright © 2003 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]