China's Reds Embrace Green

Far Eastern Economic Review, Vol. 170, No. 5, pp. 33-37, 2007

Posted: 3 Jun 2007

See all articles by ZhongXiang Zhang

ZhongXiang Zhang

Tianjin University - Ma Yinchu School of Economics

Abstract

China's President Hu Jintao and Prime Minister Wen Jiabao have recognized the seriousness of environmental degradation in China, and accordingly insist that the conventional Chinese path of encouraging economic growth at the expense of the environment has to be changed. As a first but most important step to clean up the country's development act, Hu and Wen incorporated for the first time energy-saving and environmental goals into the national five-year economic blueprint in China to clearly distinguish their vision of China's development from that of their predecessors. Clearly, this is a test of their leadership. In the meantime, it presents a unique opportunity for the two top Chinese leaders to put the country on a more sustainable development path. In my view, if Hu and Wen can make China green, history will record their contribution as equal to Mao Zedong's achieving China's independence, and Deng Xiaoping's creation of a more prosperous country.

Keywords: Energy policy, environmental policy, regional permit restrictions, greening China

JEL Classification: Q41, Q43, Q48, Q25, O53

Suggested Citation

Zhang, ZhongXiang, China's Reds Embrace Green. Available at SSRN: https://ssrn.com/abstract=990802

ZhongXiang Zhang (Contact Author)

Tianjin University - Ma Yinchu School of Economics ( email )

92 Weijin Road, Nankai District
Tianjin 300072
China
+86 22 87370560 (Phone)

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