“High-quality” economic development: China’s conciliation between economic growth and environmental sustainability

Abstract

This paper aims to examine the concept of “high-quality” economic development, as the new strategy adopted by China to reconcile economic growth and environmental sustainability. It will be argued that it is not possible to understand the prospects for the development of the Chinese economy without considering the institutional framework of State action and the conduct of macroeconomic policy - which allows us to define China as a developmental state. In addition, the main goals and achievements of China in regard to energetic transition will be presented. In this paper, China is taken as a successful example from which Brazil could draw lessons for its own development strategy.