Research on Optimization of Investment in China's Industries under Low-Carbon Constraints

DOI

10.2991/sschd-18.2019.91How to use a DOI?

Keywords

Low-carbon Economy, Investment Optimization, Industrial Structure, Factor Analysis, Multi-objective Optimization.

Abstract

Nowadays, China is continuously advancing its low-carbon economic development strategy. However, problems such as unbalanced development of the industrial structure have impeded China's economic low-carbon development. Most existing research just consider the relationship between industrial structure and economic development, this article optimizes the industrial structure under low-carbon background from the perspective of macro investment.We select five major sectors- agriculture; industry; construction; transportation; and wholesale, retail, housing and catering- as research objects, and use factor analysis methods to analyze the current status of low-carbon development in their industrial structures. Through a multi-objective optimization model, industrial structure optimization objectives are presented, and investment is then optimized based on the matching relationship between the industrial and investment structures. This study found that the proportion of investment in Chinese sectors has gradually improved over the past five years, but problems remain. The government needs to regulate and control at a macroeconomic level: control the proportion of investment in industry and transportation; increase investment in agriculture, construction, and wholesale, retail, housing and catering; and gradually increase the degree of adaptation of industrial and investment structures.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ya-Nan WANG
AU  - Qun XU
AU  - Sui GUO
PY  - 2019/01
DA  - 2019/01
TI  - Research on Optimization of Investment in China's Industries under Low-Carbon Constraints
BT  - Proceedings of the 4th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2018)
PB  - Atlantis Press
SP  - 499
EP  - 505
SN  - 2352-5398
UR  - https://doi.org/10.2991/sschd-18.2019.91
DO  - 10.2991/sschd-18.2019.91
ID  - WANG2019/01
ER  -