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China’s future investments in environmental protection and control of manufacturing industry: lessons from developed countries

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  • You Wu
  • Jichuan Sheng
  • Fang Huang

Abstract

A country’s manufacturing industry is an indicator of its economic competitiveness internationally. In 2009, China has its manufacturing added values surpassed the USA and now became the largest manufacturing country in the world, followed by Germany, the USA and Japan. However, manufacturing industry’s development aggravates environmental resource externalities and environmental pollution. The controls for the environmental pollution are essential to achieve the manufacturing industry’s sustainable development. In this comparative analysis, we examine environmental pollution control expenses, environment-related taxes and waste management capacities in the UK, Germany and Japan to seek the effective practices that China can follow to achieve sustainable development. We conclude that China’s manufacturing industry needs more investments in environmental protection and control. To achieve sustainable development, recycling and environment-related taxes are effective methods for China’s manufacturing industry besides government expenditures in environmental protection and control. Such measures would be a “win-win” for both economy and environment. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • You Wu & Jichuan Sheng & Fang Huang, 2015. "China’s future investments in environmental protection and control of manufacturing industry: lessons from developed countries," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 77(3), pages 1889-1901, July.
  • Handle: RePEc:spr:nathaz:v:77:y:2015:i:3:p:1889-1901
    DOI: 10.1007/s11069-015-1681-2
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    1. Tonghui Lian & Tingyu Ma & Jie Cao & You Wu, 2016. "The effects of environmental regulation on the industrial location of China’s manufacturing," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 80(2), pages 1381-1403, January.
    2. Lien-Chieh Lee & Yuan Wang & Guozhu Mao & Jian Zuo & Zhibin Wang & Musa J. Sanyang & George Zillante & Yun Sun & Tan Xu, 2021. "Spatial characteristic of environmental protection businesses: a study of A-Share Listed Environmental Companies in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 18598-18617, December.
    3. Zhu, Qingyun & Sarkis, Joseph, 2016. "Green marketing and consumerism as social change in China: Analyzing the literature," International Journal of Production Economics, Elsevier, vol. 181(PB), pages 289-302.
    4. Xu, Bin & Lin, Boqiang, 2016. "Reducing CO2 emissions in China's manufacturing industry: Evidence from nonparametric additive regression models," Energy, Elsevier, vol. 101(C), pages 161-173.
    5. Javier Aguilera‐Caracuel & Jaime Guerrero‐Villegas, 2018. "How Corporate Social Responsibility Helps MNEs to Improve their Reputation. The Moderating Effects of Geographical Diversification and Operating in Developing Regions," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 355-372, July.
    6. Jie Wu & Jun-Fei Chu & Liang Liang, 2016. "Target setting and allocation of carbon emissions abatement based on DEA and closest target: an application to 20 APEC economies," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(1), pages 279-296, November.

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