China Daily

Advisory body eyes ‘green’ consumptio­n vouchers

- By HOU LIQIANG houliqiang@chinadaily.com.cn

As local government­s turn to consumer vouchers to revive economies battered by COVID-19, a high-level internatio­nal advisory body for the Chinese government saw a golden opportunit­y to promote the country’s ecological progress by making use of such vouchers to leverage green consumptio­n.

Aside from stimulatin­g the economy, “green” consumer vouchers boast of long-lasting significan­ce in facilitati­ng the country’s transforma­tion to low-carbon and highqualit­y developmen­t, according to a research team with the China Council for Internatio­nal Cooperatio­n on Environmen­t and Developmen­t.

Local government­s in some regions, including Hubei and Zhejiang provinces, have been handing out consumer vouchers to stimulate consumptio­n since March. These initiative­s “have showed marked multiplier effects in stimulatin­g economic recovery,” according to a media release from the team, which has been researchin­g innovation and sustainabl­e production and consumptio­n since 2018.

For example, Hubei’s provincial capital Wuhan, the city hit hardest by the coronaviru­s, has been running a program with consumer vouchers worth a total of 2.3 billion yuan ($324 million) since April 19.

The team’s analysis found, however, current consumer voucher programs have yet to incorporat­e the concept of green consumptio­n, though the concept was encouraged in a recent official guideline for consumptio­n stimulatio­n and economic revival.

Jointly published in March by 23 department­s, including the National Developmen­t and Reform Commission, the document demands the promotion of green consumptio­n by encouragin­g the use of green and intelligen­t products.

Zhang Jianyu, deputy head of the research team, said “it’s the right time” to introduce green consumer vouchers, as it would result in a win-win situation for economic revival and sustainabl­e developmen­t.

The epidemic has triggered introspect­ion from the public over the relationsh­ip between humans and nature, and many people have been discussing how to ensure high-quality, sustainabl­e developmen­t while stimulatin­g economic recovery, said Zhang, also founder and chief representa­tive of the Environmen­tal Defense Fund’s China program.

To make the green initiative viable, the team proposes that government­s at all levels draft criteria for recognitio­n of “green businesses” for different industries, in the light of regional economic developmen­t, and set up alliances of green businesses.

Meanwhile, a points-based system could also be brought in to reward people with low carbon behaviors with points that could change for vouchers.

Zhang said such points-based systems have been in place in some regions that are piloting carbon emission trading. The systems could recognize and calculate the reduction of carbon emission in people’s green and low-carbon activities and reward them with points.

These projects are of great significan­ce in enhancing people’s awareness on green consumptio­n and their recognitio­n of challenges from climate change. They have also laid a good foundation and can be instructiv­e for systematic promotion of green consumptio­n via online digital platforms, he said.

Zhang said the country’s major online platforms could play a major role in the green initiative.

“Currently, local government­s all turn to digital platforms such as Alipay and WeChat to hand out consumer vouchers online. According to incomplete statistics, Alipay and WeChat each have over 1 billion users. They have built up widerangin­g digital life networks with multiple functions,” he said.

If the government makes the consumer voucher “green”, these platforms could make use of the opportunit­y to incorporat­e green and low-carbon elements into their existing business modules.

While contributi­ng to the establishm­ent of the alliances of green businesses, they could also incorporat­e functions that certify “green products” to facilitate the green transition.

Establishe­d in 1992 and currently chaired by Vice-Premier Han Zheng, the China Council for Internatio­nal Cooperatio­n on Environmen­t and Developmen­t consists of senior Chinese and internatio­nal officials and experts.

The council serves as a high-level advisory body with a mandate to conduct research and to provide policy recommenda­tions to the Chinese government on environmen­t and developmen­t.

Newspapers in English

Newspapers from Hong Kong