TY - JOUR
T1 - Measuring inclusive wealth of China
T2 - Advances in sustainable use of resources
AU - Jingyu, Wang
AU - Yuping, Bai
AU - Yihzong, Wurihan
AU - Zhihui, Li
AU - Xiangzheng, Deng
AU - Islam, Moinul
AU - Managi, Shunsuke
N1 - Funding Information:
This work was supported by the National Key Research and Development Program of China [Grant No. 2016YFA0602500]. Data support from the Strategic Priority Research Program of Chinese Academy of Sciences [Grant Nos. XDA20010302] is also appreciated. Moinul Islam acknowledge the support of Grants-in-Aid for Scientific Research from the Japanese government [Grant number: 1 9 K 2 4 3 8 4].
Funding Information:
This work was supported by the National Key Research and Development Program of China [Grant No. 2016YFA0602500 ]. Data support from the Strategic Priority Research Program of Chinese Academy of Sciences [Grant Nos. XDA20010302 ] is also appreciated. Moinul Islam acknowledge the support of Grants-in-Aid for Scientific Research from the Japanese government [Grant number: 1 9 K 2 4 3 8 4 ].
Publisher Copyright:
© 2020 Elsevier Ltd
PY - 2020/6/15
Y1 - 2020/6/15
N2 - The inclusive wealth approach is increasingly common to measure the sustainable development of the countries. It comprised the natural, human and produced capital of nations to measure social wellbeing. We measure the inclusive wealth of the provinces in China from 2000 to 2015 and reports the sustainable use of the resources. We identify that three types of capital have increased to varying degrees, with produced capital increasing by 615.6%, natural capital increasing by 33.8%, and human capital increased by 337.0%. The total amount of inclusive wealth has increased by 300.4% in the past 15 years. However, the provinces in China are still facing unbalanced development across the country compared to developed nations. The use of the natural capital, more specifically now-renewable resources, has been restricting the wealth growth in some provinces. Although ecological services account for a small proportion of the total inclusive wealth, more attention is essential for sustainable development. Meanwhile, the rapid growth of carbon damages posed threat to future wealth accumulation. Innovative, coordinated, green, open and shared development are the goals of China 13th and 14th five-year plan and our inclusive wealth of China will be key measurement tool of this achievement.
AB - The inclusive wealth approach is increasingly common to measure the sustainable development of the countries. It comprised the natural, human and produced capital of nations to measure social wellbeing. We measure the inclusive wealth of the provinces in China from 2000 to 2015 and reports the sustainable use of the resources. We identify that three types of capital have increased to varying degrees, with produced capital increasing by 615.6%, natural capital increasing by 33.8%, and human capital increased by 337.0%. The total amount of inclusive wealth has increased by 300.4% in the past 15 years. However, the provinces in China are still facing unbalanced development across the country compared to developed nations. The use of the natural capital, more specifically now-renewable resources, has been restricting the wealth growth in some provinces. Although ecological services account for a small proportion of the total inclusive wealth, more attention is essential for sustainable development. Meanwhile, the rapid growth of carbon damages posed threat to future wealth accumulation. Innovative, coordinated, green, open and shared development are the goals of China 13th and 14th five-year plan and our inclusive wealth of China will be key measurement tool of this achievement.
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U2 - 10.1016/j.jenvman.2020.110328
DO - 10.1016/j.jenvman.2020.110328
M3 - Article
C2 - 32224293
AN - SCOPUS:85082047229
SN - 0301-4797
VL - 264
JO - Journal of Environmental Management
JF - Journal of Environmental Management
M1 - 110328
ER -
