Analysis of Green and Low-carbon Policies in Promoting the Transformation of Chinese Manufacturing Industry

Authors

  • Haopeng Li

DOI:

https://doi.org/10.61173/y7y44v77

Keywords:

China, green and low-carbon policies, transformation, manufacturing industry

Abstract

According to carbon emission data in 2024, global carbon emissions reached 37.8 billion tons, setting a new record high. The global carbon peak has not yet arrived. As the world's largest carbon emitter, China must implement green and low-carbon policies to promote its own green and low-carbon development and achieve the goal of energy conservation and emission reduction. The manufacturing industry is the sector with the highest carbon emissions in China. Therefore, the transformation and upgrading of manufacturing is closely related to China's green and low-carbon development. Based on this, this paper investigates the relevant data of China's manufacturing industry and selects some typical enterprises for research. It concludes that the current impact mechanism of green and low-carbon policies in China mainly focuses on four aspects: cost, personnel structure, technological innovation and market reshaping. At the same time, it proposes that future green and low-carbon policies need to be improved in three aspects: policy optimization, enterprise response, and supporting system construction.

References

[1] Hanna R, Heptonstall P, Gross R. Job creation in a low carbon transition to renewables and energy efficiency: a review of international evidence. Sustainability Science, 2024, 19(1): 125-150.

[2] Li Y. Corporate green transformation and stock returns: Evidence from Chinese listed manufacturing firms. Applied Economics, 2025, 57(24): 3236-3252.

[3] Wang X, Chen L. The Energy-saving and Carbon-reduction Effects of Digital Transformation in Manufacturing Enterprises: An Empirical Analysis Based on Questionnaire Surveys of Enterprises in China, Germany, and Brazil. Resources Science, 2025.

[4] Xie Y, Sun H, Wu J, Li L, Zhang Y. China’s environmental fee-to-tax policy and green innovation in advanced manufacturing: Evidence from a quasi-natural experiment. Journal of Environmental Management, 2025, 390: 126320.

[5] Gao D, Cao Y, Liu C. The low-carbon policy and urban green total factor energy efficiency: Evidence from a spatial differencein-difference method. International Journal of Environmental Research and Public Health, 2023, 20(4): 3498.

[6] Jin W, Xu L, Wu S, Xu Y, Han S. Green development policies for China’s manufacturing industry: Characteristics, evolution, and challenges. Sustainability, 2023, 15(13): 10618.

[7] Zhou Y, Dong Y, Yuan Q, Zhang X, Dong Q, Wang F, Wen Z. Environmental Cost Analysis throughout the Entire Life Cycle of Manufacturing and Ecological Value Creation. https://www. imachina.org.cn/Uploads/File/2023/05/10/u645b13669f48b.pdf, 2023.

[8] Zhang B, Dong W, Yao J. The Digital Transformation of the Manufacturing Industry, the Double-Factor Allocation Efficiency of the Manufacturing Industry, and Carbon Emissions: Evidence from China. Sustainability, 2025, 17(14): 6564.

[9] Ma Z, Ding C, Wang X, Huang Q. Carbon emission reduction development, digital economy, and green transformation of China’s manufacturing industry. International Review of Financial Analysis, 2025, 102: 104149.

[10] Liu Q, Liang W, Chan C, Cao Y, Lu M. The impact of lowcarbon policy on green manufacturing development. Indoor and Built Environment, 2023, 32(8): 1606-1620.

[11] Shao C, Lv C, Ning J, Gao Y, Cui Y. The impact of China’s manufacturing industry transfer on the comprehensive efficiency of pollution and carbon emissions reduction: An empirical analysis using a spatial panel model. Energy Economics, 2025, 108624.

[12] Chen Y, Du K, Sun R, Wang T. Can strict environmental regulation reduce firm cost stickiness? Evidence from the new environmental protection law in China. Energy Economics, 2025, 142: 108218.

Downloads

Published

2025-10-23