In the face of growing environmental challenges, including climate change and energy security, countries across the globe are developing new policies and programs to address these challenges, and China is no exception. This book analyses China’s two most significant climate-related energy policies, the Clean Development Mechanism (CDM; including the later Chinese Certified Emission Reduciton – CCER) and the Energy Conservation and Emission Reduction Scheme (ECERS). This work specifically examines the strengths and weaknesses of these policies to highlight the deficiencies and advise how they can be optimised, so China can better achieve its emission reduction goals. It analyses the roles and relationships between relevant actors and identifies how successful their cooperation has been, and what factors have affected it. Importantly, the work draws on a wide range of sources from central ministries to civil society, including interviews with Chinese officials, scholars, energy company managers, environment non-govermental organisation (ENGO) personnel, media reports, and online forum discussions. In doing so, the book not only analyses the thoughts of policymakers, as many works do, but also those implementing the policies and those impacted by the policies. The book concludes by offering detailed and practical solutions to address each specific deficiency in the CDM and ECERS policies, with the aim of providing innovations and alternative approaches to improve current and future policies in China. This book will be of great interest to students, scholars, and policymakers interested in climate change, energy, and Chinese environmental policy and politics.

Greenhouse gas concentrations are rapidly increasing and as a result, fundamental economic transitions are needed to limit global warming. This essential book examines the climate and energy policies of selected jurisdictions in Europe and East Asia that have vowed to become carbon neutral.

A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies.

Drawing on first hand interview data with experts and government officials, Olivia Gippner develops a new analytical framework to explore the vested interests and policy debates surrounding Chinese climate policy-making.

We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.

The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

The short essays in this volume, contributed by leading experts on Chinese economic policy, provide crisp and insightful analyses of the Chinese state's approach toward markets, the role of key actors and institutions, the evolving nature of industrial policy and the effectiveness of China’s international commitments to constrain such practices, and a preview of the likely contents and significance of China’s 13th Five-Year Plan.

Abstract: A significant share of the greenhouse gas emitting activities of China is operated by state owned enterprises (SOEs). This report, written by Fridtjof Nansen Institute for the Nordic Council of Ministers, discusses the role of SOEs on the electricity and steel sectors, for instance, in upgrading technologies, centralizing operations and developing alternative energy sources. Informal networks, guanxi and nomenklatura, and financial ties provide the state control over SOEs. This makes SOEs a preferable alternative to private companies. As policies limiting emission growth have been economically attractive to SOEs so far, they have shown little opposition but this may change should costly measures be introduced in the future. While China's position in climate negotiations is determined by the political leadership, the SOEs deserve attention due to their impact on China's emission trends

Government subsidies have contributed to China's success as manufacturer and exporter in capital-intensive industries. China's state-capitalist regime uses subsidies to stabilize and create common understandings of markets among governments and firms.