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The Chinese perspective on the green transition: strategies and outcomes

Author

Listed:
  • Gilberto Libânio

    (Cedeplar/UFMG)

  • Diana Chaib

    (Cedeplar/UFMG)

  • Eric Serbinenko

    (Cedeplar/UFMG)

  • Monique Botelho

    (UFMG)

Abstract

This article examines China’s green transition from a political economy perspective, emphasizing the interaction between the developmental state, Five-Year Plans, and multilevel governance arrangements. It argues that China’s capacity to advance decarbonization and productive restructuring is rooted in the combination of long-term strategic planning, decentralized implementation, and policy instruments such as green finance, carbon markets, and pilot zones. By integrating top-down coordination with bottom-up experimentation, this framework has supported the expansion of renewable energy, technological upgrading, and improvements in green complexity indicators. At the same time, the persistence of high emission levels and carbon-intensive sectors highlights the non-linear and contradictory nature of the transition process. The Chinese experience thus provides relevant, albeit not directly replicable, insights for the design of sustainable development strategies in Global South economies.

Suggested Citation

  • Gilberto Libânio & Diana Chaib & Eric Serbinenko & Monique Botelho, 2026. "The Chinese perspective on the green transition: strategies and outcomes," Textos para Discussão Cedeplar-UFMG 698, Cedeplar, Universidade Federal de Minas Gerais.
  • Handle: RePEc:cdp:texdis:td698
    as

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    References listed on IDEAS

    as
    1. Bresser Pereira, Luiz Carlos, 2019. "Models of the developmental state," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    2. Gyourko, Joseph & Shen, Yang & Wu, Jing & Zhang, Rongjie, 2022. "Land finance in China: Analysis and review," China Economic Review, Elsevier, vol. 76(C).
    3. Lingming Chen & Congjia Huo, 2022. "The Measurement and Influencing Factors of High-Quality Economic Development in China," Sustainability, MDPI, vol. 14(15), pages 1-24, July.
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    Keywords

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    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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