Industrial Upgrading for Green Growth in China
China’s rapid industrial expansion has come at a high environmental cost. Given the economic importance of sectors that are energy-intensive, highly polluting and plagued by excess capacity, China’s challenge is to restructure its industry in a way that reduces pollution and eases pressure on resources while sustaining productivity and growth.
A new report by the OECD and China’s Development Research Centre of the State Council (DRC), Industrial Upgrading for Green Growth in China, examines China’s efforts to reduce the impact of heavy industry and improve resource efficiency, and makes recommendations to accelerate the process based on OECD country experience. It looks at the enforcement of environmental regulations, the use of incentives for greening production and how new production technologies could speed up the shift to a greener growth path.
Source: Organization for Economic Co-operation and Development
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