CHINA ATTEMPTS TO OVERCOME THE LIMITS OF GROWTH

  • Yongyou Nie Shanghai University (Shanghai, P R. China) Email: nyy2000@163.com
  • Daria Fedorova Shanghai University (Shanghai, P R. China) Email: df-29@mail.ru
Keywords: China, the limits to growth, green economy, the new normal of China’s economy, resources, environment, resource diplomacy, economic growth

Abstract

The article analyzes the concept of “the limits to growth”, examines the main reasons for the slowdown in China's economic development in recent years. Special attention is paid to the problems of environmental pollution and lack of resources. Among the problems concerning environmental pollution there are both domestic problems such as air, water and soil pollution, and problems of an international scale. With regard to the problem of lack of resources, special attention is paid to China's dependence on imports of resources, which causes security problems due to the large number of exporting countries. Besides, the article describes the steps that China is taking to move to a new model of economic growth, in terms of institutional reforms, resource management and innovation in the field of green technologies, by taking the path of “green” sustainable development.

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Published
2019-09-09
How to Cite
1. Nie Y., Fedorova D. CHINA ATTEMPTS TO OVERCOME THE LIMITS OF GROWTH // Economics Profession Business, 2019. № 3. P. 88-93. URL: http://journal.asu.ru/ec/article/view/epb201939.
Section
ЭКОНОМИЧЕСКИЕ НАУКИ