Policy Support and Green Transformation: Evidence from China

Abstract

This article is based on the exploration of green transformation, observing that numerous countries have implemented substantial measures for green development and transition and have also established policies to in motivate and supervise them. Against this backdrop, my main focus is on researching how China can use policy support for green transformation, and testing whether policies are helpful for green industries. This paper evaluate the effectiveness of electric vehicle production and sales data, anecdotal information from government agencies, and incentive and punishment policies established by the government. It is found that these policies have significantly stimulated the development of green industries.. In summary, these policies have played a significant role, and China is fully committed to supporting and developing green industries on a large scale.