Diversifying natural resources for green recovery in China: Strategies and solutions

Yu Liu, Yiming Li, Fan Jiang and Shi Yin

Resources Policy, 2024, vol. 88, issue C

Abstract: This study examines the importance of natural resource diversification for China’s green economic revival using the data from 1990 to 2021. The study makes use of a massive dataset spanning more than three decades, sheds light on the environmental sustainability and economic resilience measures taken by China’s resource business. As China’s economy grew at an unprecedented rate, environmental damage increased. Studies show increasing rates of carbon emissions, water use, and land deterioration. Information also indicates that people are becoming more conscious of the need for change and are open to adopting novel approaches and cutting-edge tools. The results of our study, which covers the years 1990 through 2021, on China’s efforts to diversify its natural resources for a green recovery highlight the importance of sustainable resource sector practices. China’s environmental problems, such as carbon emissions, water usage, and soil erosion, have worsened as the country’s economy has expanded rapidly. It’s not all bad, however. In an effort to reduce human use of natural resources, there has been a growth in the adoption of eco-friendly technologies and regulations. China is aware that it must find a middle ground between environmental conservation and economic growth. China needs to take advantage of these trends over time. The extraction of resources, the reduction of emissions, and the usage of land all need to be governed by clear and consistent standards. It’s crucial to put money into green technology like renewable energy and eco-efficient production. By taking the lead in ethical resource management, China can ensure a greener recovery for the world.

Keywords: Natural resources; GDP; Green recovery; Environmental transition; Urbanization; China (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723011108

DOI: 10.1016/j.resourpol.2023.104399

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