Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)

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The Current Status and Development Trend of Green transition in China’s Manufacturing Industry

Authors
Yixiao Xu1, *, Zhiyang Zhai2
1Reading Academy, Nanjing University of Information Science and Technology, Nanjing, 210044, China
2International Economics and Trade, Nanjing University of Finance & Economics, Nanjing, 210023, China
*Corresponding author. Email: gw808841@student.reading.ac.uk
Corresponding Author
Yixiao Xu
Available Online 10 October 2023.
DOI
10.2991/978-94-6463-268-2_23How to use a DOI?
Keywords
Manufacturing Industry; Green transition; Clean Energy
Abstract

This paper is based on the research and background of the green transition of China’s manufacturing industry and the development of China’s green economy. The study takes the changes in the policy environment, technological innovation and green energy as the main research objects. The SWOT analysis model as well as literature review and data analysis are used to elaborate and analyze the green transition of China’s manufacturing industry. The research results show that there are certain advantages and opportunities for the green transition of China’s manufacturing industry, but there are certain problems and challenges in terms of cost issues and technological innovation capabilities. Therefore, the article puts forward suggestions to further strengthen policy support and increase investment in green technology innovation to achieve the goal of sustainable development. The enlightenment of the article is that for other countries and regions to make the green transition they can learn from China’s experience and lessons and strengthen policy guidance and technological innovation. At the same time, enterprises should also realize the importance of developing their own innovation capabilities and take active steps to achieve a green transition to promote global sustainable development.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
10 October 2023
ISBN
10.2991/978-94-6463-268-2_23
ISSN
2352-5428
DOI
10.2991/978-94-6463-268-2_23How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yixiao Xu
AU  - Zhiyang Zhai
PY  - 2023
DA  - 2023/10/10
TI  - The Current Status and Development Trend of Green transition in China’s Manufacturing Industry
BT  - Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)
PB  - Atlantis Press
SP  - 194
EP  - 201
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-268-2_23
DO  - 10.2991/978-94-6463-268-2_23
ID  - Xu2023
ER  -