Similar to developed countries, China's ongoing urbanization is characterized by high energy consumption and high carbon emissions. The difference is that China's urbanization is confronted with a series of global challenges of climate change, food security and energy scarcity and so on. Though impacted by the global financial crisis, China's economy will maintain a relatively high growth rate, given China's unfinished process of urbanization and industrialization and the Chinese government's capacity for macro-economic regulation and control.
As a development path, the core of low-carbon growth is the improvement of energy utilization and the transformation of the energy structure, which would enable more clean energy to be used more effectively and cut green house gas emissions as much as possible.
Establishing a low-carbon economic development model in a "low-carbon city" would reduce emissions. The features of a "low-carbon city" include: Focusing planning and design "low-carbon city" on low emissions and high energy efficiency in the process of urbanization; balancing economic growth, employment growth and low-carbon development through a change in the industrial structure and development mold transition; building an ecological city and popularizing techniques of energy conservation and emission reduction through policy stimulus and financial support in not only metropolitan cities but also emerging second- or third-tier cities where there is a greater opportunity to induce change.
In the wake of the global financial crisis and economic slowdown, it is important to stimulate growth by promoting green industries. The central government has resolved to push forward industrial upgrading and integration, efficiency improvement and sustainable development; local governments should seek new growth engines and develop "low-carbon cities" in line with the demands of industrial restructuring.
The author is director of the China Center for Energy Economics Research at Xiamen University.