Chengliang Wu

Using panel data from 30 Chinese provinces for the 2011–2024 period, this study empirically analyzes the impact of green finance on the realization of the value of ecological products, as well as the mediating mechanism and spillover effect of green finance. The results show that: (1) Green finance has a positive association with the realization of the value of ecological products. Specifically, for every one standard deviation increase in green finance, the realization of the value of ecological products increases by about 2.77%. (2) The mediating effect reveals that green technology innovation acts as a mediating channel in the relationship between green finance and the realization of the value of ecological products. The indirect effect is 0.1012, and the Bootstrap 95% confidence interval excludes zero. (3) Heterogeneity analysis, based on the interaction coefficient, indicates that a positive relationship between green finance and the realization of the value of ecological products is more obvious in the central region and western region, and in regions with higher levels of ecological industrialization development. (4) A spatial correlation exists in the realization of the value of ecological products. Furthermore, under both the inverse distance square matrix and spatial adjacency matrix, the direct effect of green finance is negative, indicating that green finance may weaken the realization of the value of ecological products in local regions. However, green finance generates positive spillover effects, suggesting that it can exert a favorable influence on the realization of the value of ecological products in adjacent regions.

The Hu-Bao-O-Yu urban area is a major source of carbon emissions in China. It is also a major source of energy exports and high-end chemicals in China. Reaching peak carbon emissions early is especially important for meeting the national peak goal. For urban areas that rely on natural resources, we need to make it clearer how carbon emissions and economic growth affect each other and slowly break the strong link between the two. Therefore, in this paper, based on the data on carbon emissions, the decoupling state and the driving mechanism of carbon emissions in the Hu-Bao-O-Yu City group are researched by using the Tapio decoupling model and GDIM method. A new decoupling index model is constructed by combining GDIM and the traditional decoupling model. The main findings are as follows: (1) The Hu-Bao-O-Yu urban agglomeration, Ordos City, Baotou City and Yulin City have significant growth trends in annual carbon emissions, with Yulin City being the most important carbon source for the Hu-Bao-O-Yu urban agglomeration and its economic contribution to carbon emissions of the whole urban agglomeration is the most efficient. (2) The decoupling of Hu-Bao-O-Yu, Huhhot City, Baotou City, and Ordos City is dominated by expansionary negative decoupling, whereas Yulin City has strong negative decoupling. (3) The Hu-Bao-O-Yu urban cluster mainly affects the carbon intensity of fixed asset investments and output carbon intensity, which is a key part of the carbon separation process. The energy scale and structure also play a part in this process over time. (4) Changes in GDP per capita are a bigger part of changes in carbon emissions in the Hu-Bao-O-Yu urban agglomeration. These changes also determine the direction for changes in carbon emissions in the Hu-Bao-O-Yu urban agglomeration. In the future, the Hu-Bao-O-Yu urban agglomeration needs to coordinate its economic growth. Ordos and Yulin need to speed up the optimisation and transformation of their energy structures. Baotou needs to push for the low-carbon transformation of its industries. Huhhot needs to do more research on carbon sequestration technology and spend more on environmental protection. This will make the Hu-Bao-O-Yu urban agglomeration a resource-saving urban agglomeration and improve its ability to reduce emissions.

The Hu-Bao-O-Yu urban agglomeration is an important energy exporting and high-end chemical base in China, and is an important source of carbon emissions in China. The early achievement of peak carbon emissions in this region is particularly crucial to achieving the national carbon emission reduction targets. However, there is a lack of multi-factor system dynamics analysis of resource-dependent urban agglomerations in Northwest China, as most studies have focused on single or static aspects of developed urban agglomerations. This paper analyses the relationship between carbon emissions and their influencing factors, constructs a carbon emission system dynamics model for the Hu-Bao-O-Yu urban agglomeration, and sets up different single regulation and comprehensive regulation scenarios to simulate and predict the carbon peak time, peak value, and emission reduction potential of each city and urban agglomeration under different scenarios. The results show that: (1) Hohhot and Baotou are expected to reach peak carbon by 2033 and 2031 respectively, under the baseline scenario, while other regions and the urban agglomeration will not be able to reach peak carbon by 2035. (2) Under single regulation scenarios, the effect of factors other than the energy consumption varies across cities, but the energy consumption and environmental protection input are the main factors affecting carbon emissions in the urban agglomeration. (3) A combination of the economic growth, industrial structure, energy policy, environmental protection, and technology investment is the best measure to achieve carbon peaking and enhance the carbon emission reduction in each region as soon as possible. In the future, we need to coordinate the economic development, energy structure optimisation and transformation, low-carbon transformation of industry, strengthen research on carbon sequestration technology, and further increase the investment in environmental protection to make the Hu-Bao-O-Yu urban agglomeration a resource-saving urban agglomeration with an optimal emission reduction.

In order to tackle increasingly serious environmental problems, China has been promoting the development of a green economy and guiding the green transformation of various regions and industries through environmental regulation in recent years. By participating in international trade, Hebei Province has been embedded in the global value chain. However, Hebei’s involvement in the high-energy-consuming and polluting manufacturing sector and its lower position in the global value chain have led to serious environmental issues. In practice, the government has promulgated environmental regulations to restrict economic activities of enterprises. What role does environmental regulation play in Hebei’s manufacturing industry’s participation in the global value chain? In order to explore the impact of environmental regulation on Hebei’s manufacturing industry in the global value chain, this paper constructs a fixed-effect econometric model based on the panel data of the embedding level of the value chain of 12 manufacturing sectors in Hebei Province. The research results show that: first, the R & D capacity of the manufacturing industry in Hebei Province still needs to be improved. Second, environmental regulation has promoted the global value chain position of Hebei’s 12 manufacturing sectors. Third, environmental regulation will show obvious heterogeneity to manufacturing industries with different capital intensities and different pollution levels. The impact of environmental regulation on the manufacturing industry with different intensities is different. Therefore, the government should formulate targeted environmental regulation to promote the position of Hebei’s manufacturing industry in the global value chain, such as further improving environmental regulation and increasing the intensity of environmental regulation and increasing the investment of human capital, and cultivating innovative talents.

This study examines the impact of foreign direct investment in forestry, a prominent phenomenon in China, on forestry industry structure upgrading, using comprehensive economic theory and the panel data of 27 provinces from 2003 to 2019 in China. We used fixed and moderating effect models, and regional heterogeneity tests were conducted. Our results indicate that, at the national level, foreign direct investment in forestry and labor migration promotes forestry industry structural upgrading. In addition, our results indicate that labor migration as a moderating variable weakly promotes forestry industry structural upgrading via foreign direct investment in forestry, and these effects have regional heterogeneity. Finally, different control variables also have influence on forestry industry structural upgrading, such as the number of forestry stations. Based on these empirical results, we provide an explanation and give policy implications, such as developing secondary and tertiary forestry industries, building forestry infrastructure, and improving the efficiency of forestry foreign investment utilization to promote the optimization of the forestry industry structure in China.

As a raw material for clean energy supply for the new generation, the soybean is conducive to the realization of global energy transition and sustainable development in the context of “carbon neutrality”. However, global warming has been affecting soybean yields in recent years. How to clarify the correlation between meteorological factors and soybean yields, so as to ensure the security of soybean growth and development and the stability of renewable energy development, is a key concern of the government and academia. Based on the data of temperature, precipitation, sunshine duration and active accumulated temperature during the soybean growing season in Hulunbuir, Inner Mongolia Autonomous Region from 1951 to 2019, and soybean yield data of the city from 1985 to 2019, this paper adopted statistical methods such as the Trend Analysis Method, the Rescaled Range Analysis Method and so on to analyze the trends of yield changes, characteristics of abrupt changes and periodic patterns of climate factors and soybean yields in Hulunbuir. A Pearson Correlation Analysis and a Grey Relation Analysis were used to explore the correlation between climatic factors and soybean yields, followed by a comprehensive impact model of the combined effect of temperature and precipitation on soybean yields established by the Method of Integral Regression. The results showed that temperature and active accumulated temperature are the dominant factors affecting soybean yields in Hulunbuir, while the decrease in precipitation is unfavorable to the improvement of soybean yields. Meanwhile, temperature and precipitation have different effects on the growth and development of the soybean at different stages. The conclusion of this paper is of great practical significance for Hulunbuir to promote the sustainable development of clean energy.

Human ecological settlement environment gradually attracts attention due to the development of economy and urbanization. The development of human ecological settlement environment and the economy in the Yellow River Basin of China are in a relationship of mutual influences and constraints, so their coordinated development is of great importance. We evaluated the development index and coupling coordination among ecological environment, economy, and the residential environment in the Yellow River basin and analyzed the coordinated relationship. Based on the empirical analysis, we concluded that the overall ecological environment in the Yellow River Basin is relatively well developed, and the economic development is relatively backward, and the residential environment is stable, with the development trend in the upper reaches slightly better than that in the middle and lower reaches. The overall coupling coordination in the Yellow River Basin is at the primary level, with a “W” pattern, and the regions are characterized by rising in the upper reaches, stable in the middle reaches, and falling in the lower reaches in terms of the development trend. Therefore, seizing the development opportunities, realizing regional joint and differentiated development, and insisting on the priority development of ecological environment will promote the coordinated development of human ecological settlement environment and economy in the Yellow River Basin of China.

It has been a year since the outbreak of the coronavirus epidemic 2019 (COVID-19). In the face of the global epidemic, governments in all countries have taken different prevention measures, such as social isolation, mandatory health protection, and the closure of schools and workplaces. The situation of the epidemic has clearly varied from country to country. In this context, research on the impact of policies for the control of the spread of the global epidemic is of great significance. In this paper, we examined data from a sample of 212 countries between 31 December 2019, and 21 May 2020, using multi-fuzzy regression discontinuity. We found that developed countries had relatively low sensitivity to the policy stringency index; however, policy control measures had a significant effect on epidemic control. In addition, the trend analysis showed that the corresponding management and control came into play only after the policy stringency index reached 50 or the policy management reached level II, and the robustness was optimal at this time. Therefore, the governments in all countries should realize that epidemic prevention and control are of great importance. They can strengthen policy stringency to control the spread of the epidemic, considering their national conditions in terms of the economy and health system.