On Accelerating the Green and Low- Carbon Transition for an Ecological Civilization with Chinese Characteristics

Chen Shiyi1* and Chen Dengke2

1 Anhui University, Hefei, China

1,2 School of Economics, Fudan University, Shanghai, China

Abstract: The Report to the 19th National Congress of the Communist Party of China (CPC)called for steadfastly implementing the new philosophy of “innovative, coordinated, green, open, and shared” development, for expediting China’s green and low-carbon economic transition, and for developing a so-called “ecological civilization with Chinese characteristics.” As an extensive and profound socio-economic transformation in building a strong, modern nation, the green and low-carbon transition is viewed as an essential requirement for creating an ecological civilization in line with Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. The transition reflects the commitment of the CPC to its original aspirations to increase the welfare of the people and the principle of putting the people first as well as China’s resolve and ambition to confront climate change issues.

Keywords: Ecological civilization, new development philosophy, green and low-carbon transition, carbon peak, carbon neutrality

JEL Classification Code: O20, Q50, Q54

DOI: 10.19602/j.chinaeconomist.2022.03.02