CHINA'S EXPERIENCE: THE PROSPECTS OF R&D INVESTMENTS IN THE "GREEN TRANSFORMATION
Abstract
The authors in the article consider the role of investments in R&D because it is impossible to overcome new market challenges without them. However, the low intensity of investment in R&D in new energy and the lack of innovation in new energy technologies have become key problems hindering the development of new energy in the world. Based on the trend of "green transformation", this article compares the new policies of the United Kingdom, the United States and other countries in the field of energy, as well as the status of the development of the new energy industry in China. The authors consider a new development path for new energy companies. This is done to link such components as the government, the market, companies and other forces into a single chain to accelerate the development of a new energy industry. The criteria for assessing the degree of "green" economic transformation are highlighted. The data discussed in the article in the field of "green" economy can be applied when creating in our country a methodological centre for checking "green" projects in the regions for the transition to an environmentally friendly future.
Copyright information
About this article
Publisher
European Publisher
Volume
-
Print ISBN (optional)
-
Edition Number
-
Pages
1-1
Subjects
sustainable development, ecology, economy, technologies, green technologies
Cite this article as:
Yandarbayeva, L. A., & Gayrbekova, R. S. (2024). CHINA'S EXPERIENCE: THE PROSPECTS OF R&D INVESTMENTS IN THE "GREEN TRANSFORMATION. In M. R. Nakhaev, A. S. Salamova, A. Wojdilo, V. Ricardo, & V. Micale (Eds.), Proofreading - Upcoming Volume: Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol -. European Proceedings of Multidisciplinary Sciences (pp. 0-0). European Publisher. https://doi.org/10.15405/epms.2024.09.9