Low-Carbon Economic Development and Its Technology Innovation in China Addressing Climate Change

Under the bottleneck of the resources and the environment, if the Western path of modernization is followed, the prospects of China will be dim. The volume of CO₂ emission is huge and the growth has been fast in China, posing challenges for mitigation. The development of low-carbon economy is an inevitable choice for change strong. Market capacity, innovation capability and enterprises´ fast transition capacity are the advantage of China. With developing low-carbon economy and strengthening the innovation and breakthrough of low-carbon technology, China will certainly be able to gain advantage in international competition in the future.