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Abstract:
The purpose of this research is to assess China's sustainable economic recovery and growth through a comparative analysis of China's global economy following Covid-19. We use the unit root test and generalized method of moments (GMM) to make inferences. The growth scenario is an important consequence of economic recovery, and the study concludes that increased energy use and rising energy costs need greater funding for the energy industry. Green energy financing is urgently required to offset rising production costs of gas and electricity. It is recommended that both Chinese and global financial institutions, banks and finance ministries, take a prominent role in addressing the crisis. This can be achieved by investing in renewable energy to improve sustainable economic recovery, reduce greenhouse gas (GHG) emissions and accelerate economic recovery. This must be carried out over a long period to achieve the intended results. Strategic development goals (SDGs), such as SDG 7 on clean and cheap energy, and SDG 13 on combating climate change, are urged on all nations in both areas. (C) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
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Source :
ECONOMIC ANALYSIS AND POLICY
ISSN: 0313-5926
Year: 2022
Volume: 75
Page: 768-779
6 . 5
JCR@2022
7 . 9 0 0
JCR@2023
ESI Discipline: ECONOMICS & BUSINESS;
ESI HC Threshold:62
JCR Journal Grade:1
CAS Journal Grade:3
Cited Count:
WoS CC Cited Count: 119
SCOPUS Cited Count: 146
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 4
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