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Research on the Survival and Sustainable Development of Small and Medium-Sized Enterprises in China under the Background of Low-Carbon Economy

Author

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  • Peng Tong

    (School of Management, China University of Mining and Technology, Jiangsu 221116, China)

  • Chao Zhao

    (School of Management, China University of Mining and Technology, Jiangsu 221116, China)

  • Huaqing Wang

    (School of Management, China University of Mining and Technology, Jiangsu 221116, China)

Abstract

Given the increase in energy consumption and pollution emissions, China has formulated a low-carbon economic development strategy. Small and medium-sized enterprises (SMEs) are mostly at the bottom of the industrial chain and face problems of high energy consumption and low output. The problems of survival and sustainable development of SMEs are serious under the background of low-carbon economy. SMEs play an important role in optimizing economic structure and social stability. Thus, studying the survival and sustainable development strategies of SMEs in China is necessary. This study adopts the method of market survey to perform the questionnaire design, sample selection, questionnaire issuance, and data analysis from three perspectives of policy, social, and internal environments of SMEs. This study summarizes seven factors, including financing and operation management, which restrict the survival and sustainable development of SMEs in China under the background of low-carbon economy. Moreover, this study proposes specific suggestions from internal and external environments.

Suggested Citation

  • Peng Tong & Chao Zhao & Huaqing Wang, 2019. "Research on the Survival and Sustainable Development of Small and Medium-Sized Enterprises in China under the Background of Low-Carbon Economy," Sustainability, MDPI, vol. 11(5), pages 1-17, February.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1221-:d:209026
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    References listed on IDEAS

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    2. Wunhong Su & Liuzhen Zhang & Chao Ge & Shuai Chen, 2022. "Association between Internal Control and Sustainability: A Literature Review Based on the SOX Act Framework," Sustainability, MDPI, vol. 14(15), pages 1-30, August.
    3. Thomas Wu & Bo Wang & Dongdong Zhang & Ziwei Zhao & Hongyu Zhu, 2023. "Benchmarking Evaluation of Building Energy Consumption Based on Data Mining," Sustainability, MDPI, vol. 15(6), pages 1-16, March.
    4. Mihai Dragomir & Diana Alina Blagu & Sorin Popescu & Mircea Fulea & Călin Neamțu, 2022. "How Well Are Manufacturing Companies in Transylvania, Romania Adapting to the Low-Carbon Economy in Order to Become Sustainable?," IJERPH, MDPI, vol. 19(4), pages 1-18, February.

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