‘Green GDP’ reflects shifting priorities – Antoaneta Bezlova

From Inter Press Service, via Asia Times:

Increasingly aware of the deteriorating state of China’s environment, the Chinese leadership has decided that it wants the national economy to not only grow fast, but grow green. They have asked state planners to develop a new indicator to measure the country’s growth, a “green GDP“, which would account for the costs of environmental impact and resource consumption.

The emphasis on “green GDP” reflects China’s slowly shifting priorities from sustaining growth at all costs to realizing more sustainable growth.

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