ORIGINAL RESEARCH
Green Investment and Sustainable Business
Development: Risks and Opportunities
for China
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1
School of Economics & Management, Changsha University of Science & Technology, Changsha City, China
2
Business School, Hunan International Economics University, Changsha City, China
Submission date: 2023-04-26
Final revision date: 2023-06-14
Acceptance date: 2023-06-27
Online publication date: 2023-09-12
Publication date: 2023-10-25
Corresponding author
Jialong Mi
School of Economics & Management, Changsha University of Science & Technology, Changsha, China
Pol. J. Environ. Stud. 2023;32(6):5273-5282
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ABSTRACT
China actively promotes green investment and sustainable business development, recognising that
green technology and infrastructure investment can boost economic growth while lowering greenhouse
gas emissions. Green investment does come with environmental, financial, regulatory, and political
risks, though these can be managed to increase investors’ long-term success. The importance of green
investment and sustainable business development research stems from the need to identify challenges
and promote long-term economic growth. This study seeks to identify opportunities and challenges
for sustainable business development in China and the potential of green investment to address
environmental issues. According to the study, the number of workers in the renewable energy industry
reached 3.6 million in 2019, 4.3 million in 2020, 4.7 million in 2021, and 5.4 million in 2022, with
renewable sources accounting for 34.2% of China’s electricity production in 2022. Furthermore, China
has reduced air pollution by using renewable energy sources and reducing carbon emissions. A study on
green investment and sustainable business development in China has practical significance in identifying
market potential for green products and services. Further research could lead to recommendations to
improve China’s green investment landscape.