China urged to place ‘wellbeing’ above GDP amid climate threat
24 Feb 2023

A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than gross domestic product (GDP) growth to fulfil its 2060 net-zero emissions goals and head off the mounting threats of climate change.
In a report published on Thursday, the team – which includes two former chief economists of the World Bank – also called on China to cap total fossil fuel consumption and establish a detailed “pathway” for reducing emissions.
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