Economic Growth, Environmental Efficiency, and Industrial Transfer Demonstration Zones of China: A Way Forward for CPEC

Abstract

Environmental efficiency, industrial transfer demonstration zones, and carbon transfer networks can impact the quality of the environment. This paper examines the relationship between environmental efficiency, carbon transfer networks, and national industrial transfer demonstration zones tested by utilizing some prefectural-level Chinese cities’ panel data from 2003 to 2017 through the Different-in-Difference method as way forward for China Pakistan Economic Corridor (CPEC). The results show that environmental efficiency improved with industrial transfer demonstration zones by boosting the ability to innovate, government’s expenditure on the environment, and regulatory frameworks for the environment. The findings reflect a significant increase in the GDP of the triennial industry while an insignificant decrease. Hence, to promote all-inclusive first-rate development, regional collaborative must be ensured during industrial transformation demonstration.

The Economic Value of Water Ecology in Sponge City Construction Based on a Ternary Interactive System

“…This indicates that the supply of water resources in the north of China is insufficient and cannot adapt to the needs of economic development; on the other hand, the feedback effect of economic development on water resources makes water resource use more efficient, which, in turn, reduces the rate of water consumption. The amount of water used therefore remains balanced or it decreases [ 53 , 54 , 55 , 56 ]. The second factor is the rate of sponge city development as the dependent variable, with the lagged one-period to lagged three-period values of the three variables as the independent variables; the growth of water volume in all three lagged stages was −0.0082, −0.004, thus indicating that the current growth rate of water demand in northern cities is too fast.…”