A Study On The Development Of China's Green Economy From The Perspective Of Game Theory

Many countries are experiencing a relatively tough and lengthy economic recovery in the post financial crisis era, the developed economies seek after new economic driver under the grim economic environment; the emerging economies, which need to eliminate poverty and upgrade people's living standards, are hindered by factors such as difficulty in economic restructuring and overconsumption of resources. Green Economy is crucial to promote the switch of the way in which economy develops as one of new pathways leading to global economic growth. As a brand new economic development mode, it regards sustainable development as its principle, defines the coordinated development of the economy, the society and the environment as its goal, strives to realize ecological, low-carbon and recyclable economic growth, and ultimately reflects the harmony between mankind and the nature.In fact, at the United Nations Climate Change Conference in Bali hosted in 2007, U.N. Secretary-General BanKi-moon put forward to initiating the epoch of "Green Economy". At the Rio+20 Conference held in 2012, nations from all over the world reached consensus on fueling Green Economy, contending that Green Economy is a vital approach to make sustainable development a reality, and encouraged each other to implement the development mode of Green Economy in accordance with own national conditions and development phase. In terms of our national conditions, ever since the reform and opening up policies, China's economy has. made significant progress. However, it still relies heavily on overconsumption of resources and energy, which leads to relatively serious environmental and resource-related problems. It is from this point that Green Economy draws widespread attention. Entering into the 21st century, China attaches greater importance to the development of Green Economy and relevant governmental bodies have formulated certain policies to facilitate Green Economy. Especially after the third plenary session of the 18th CPC central committee, the government has put great value over the establishment of ecological civilization construction. Through stressing the development of ecological economy, recycling economy and low-carbon economy, our government has made effective efforts to tackle global climate change and facilitate the harmonious and stable development of the resources, economy and society.The research on Green Economy contains many theories, in which the major ones are sustainable development theory, eco-economy theory, cycle-economy theory, and low-carbon economy theory. Domestic and foreign practical experience of Green Economy has rendered valuable lessons for us to conduct research on China's Green Economy development. Therefore, in this thesis, the theory of economics will serve as the basis and analysis methods such as systematic analysis, qualitative analysis, quantitative analysis, comparison analysis and the combination of theory and practice, and the thesis will comprehensively employ these analysis methods to explore the developing prospect of green economic, and to promote the healthy and sustainable development of China's green economy.The study follows the structure below:Chapter one is the introduction, which states the research background and significance of Green Economy development, the researches by domestic and foreign researchers, the methodology and approaches, the research content and framework. Chapter two summarizes relevant theory and theoretical foundation of Green Economy development. Chapter three discusses China's Green Economy development, existing problems and corresponding reasons. Chapter four focuses on the domestic and foreign practical experience of Green Economy development, especially the practice of the developed countries like America, Germany, Japan and other countries in driving Green Economy development, and points out the lessons that China can learn from. Chapter five concentrates on the experience of some regions in China in enhancing Green Economy. This chapter analyzes the practice of regions including Shanghai Municipality, Shenzhen Municipality, Changsha-Zhuzhou-Xiangtan City Complex, Yunnan Province, etc. In promoting Green Economy and concluding the lessons of domestic Green Economy development. Chapter six establishes the multiple-stakeholder game mode based on the game theory, discusses the game relationship among the government, the enterprise and the consumer both in the long term and in the short term. The chapter further explores the behavioral decision making of the game parties under the balance state and builds China's Green Economy development mode and basic framework to achieve it. Chapter seven provides development suggestions on distributing green costs properly, allocating interests appropriately and perfecting the market system of green economic products. Chapter eight offers research conclusion and prospect.The thesis concludes that:(1) Green Economy development is the result of endless and repeated game of various stakeholders. When the interest parties have seen that the short range return of non-cooperation is less than the long range return of cooperation after multiple games, they will adjust their strategies, bridge mutual disagreements, expand cooperation so as to transform non-cooperation into cooperation and realize the balance of multiple interest parties. (2) The government is advised to utilize operational management, intensify Green Economy development measures, establish Green Economy development policies, embed outlook of Green Economy development in the relevant stakeholders, and better the Green Economy development mechanism. The enterprise is recommended to upgrade product technology, fulfill social responsibility, raise the enterprise's reputation, take the green product market to gain long-term profits. The consumer is suggested to change the consumption preference, nurture scientific consumption concept of green products, take green consumption actions and endeavor to lead a green consumption and living style. (3) In respect of reasonable apportionment of green cost, it can making the government, enterprise and consumer joinly bear the extra green cost. As to reasonable distribution of profits, it can be achieved by prompting the government to benefit from green economy development, and protecting the economic interests of enterprises and the legitimate rights and interests of consumers. In the issue of perfecting system and mechanism of green economy product market, it can be achieved by striking illegal activities in the green market, standardizing mark authentication of green products, building brand reputation system of green products, and optimizing information disclosure system of green products. (4) Green Economy development mode suits the development strategy of China. The government, the enterprise and the consumer should make shared efforts, conduct close interaction and do their own part to realize the Green Economy development mode.