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author:

Bai, Xiao (Bai, Xiao.) [1] | Wang, Kuan-Ting (Wang, Kuan-Ting.) [2] | Tran, Trung Kien (Tran, Trung Kien.) [3] | Sadiq, Muhammad (Sadiq, Muhammad.) [4] | Trung, Lam Minh (Trung, Lam Minh.) [5] | Khudoykulov, Khurshid (Khudoykulov, Khurshid.) [6]

Indexed by:

SSCI

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.

Keyword:

China COVID-19 Green finance Growth scenarios Sustainable economic recovery

Community:

  • [ 1 ] [Bai, Xiao]Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 310018, Zhejiang, Peoples R China
  • [ 2 ] [Wang, Kuan-Ting]Asia Univ, Dept Finance, 500 Lioufeng Rd,Wufeng, Taichung 41354, Taiwan
  • [ 3 ] [Tran, Trung Kien]Univ Econ Ho Chi Minh City, Ward Vo Thi Sau, Coll Econ, Sch Publ Finance, 59C Nguyen Dinh Chieu St,Dist 3, Ho Chi Minh City, Vietnam
  • [ 4 ] [Sadiq, Muhammad]Taylors Univ, Fac Business & Law, Sch Accounting & Finance, Subang Jaya, Malaysia
  • [ 5 ] [Sadiq, Muhammad]Fuzhou Univ Int Studies & Trade, Sch Finance & Accounting, Fuzhou, Fujian, Peoples R China
  • [ 6 ] [Trung, Lam Minh]Lang Univ, Fac Business Adm, 69-68 Dang Thuy Tram St,Ward 13, Ho Chi Minh City, Vietnam
  • [ 7 ] [Khudoykulov, Khurshid]Tashkent State Univ Econ, Dept finance, Tashkent, Uzbekistan

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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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