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Evolution from natural resources to trade dynamics: Paving the way for sustainable development goals

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  • Wang, Dawei
  • Lin, Yi
  • Kou, Junhao

Abstract

This study investigates China's transition from resource reliance to trade dynamics, emphasizing sustainable development. Through panel data analysis spanning 1990 to 2020, it explores the nexus between natural resources, trade, and sustainable outcomes. China's economy evolves from resource-based sectors to trade-driven industries, indicating progress in sustainability. Trade significantly drives economic growth, diversification, and environmental balance. The study underscores the need for strategic policies and global partnerships to leverage trade for sustainable development while addressing environmental concerns tied to resource-intensive practices. These insights inform policymakers and stakeholders, aligning trade strategies with sustainable goals, thus fostering a resilient and equitable economy.

Suggested Citation

  • Wang, Dawei & Lin, Yi & Kou, Junhao, 2023. "Evolution from natural resources to trade dynamics: Paving the way for sustainable development goals," Resources Policy, Elsevier, vol. 86(PB).
  • Handle: RePEc:eee:jrpoli:v:86:y:2023:i:pb:s030142072300805x
    DOI: 10.1016/j.resourpol.2023.104094
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