Author: Mardonov, Shokhrukh Shukhrat ugli

Annotation: China's industrial policy has been instrumental in its economic transformation, and now this tool is being harnessed to promote green technology agglomeration, a vital move towards a sustainable future. This paper explores the strategies China is employing to foster a concentration of green tech industries, particularly in regions historically associated with high pollution levels. It investigates the policy mechanisms used to incentivize green tech, including subsidies, tax breaks, and preferential loans, and how these have facilitated the agglomeration of green tech industries. Furthermore, it delves into the knock-on effects of these policies on the wider green tech ecosystem, including supply chains, industry innovation, and job creation. This research provides critical insights into how industrial policies can be leveraged to accelerate the transition towards a sustainable future.

Keywords: China, Industrial Policy, Green Technology, Agglomeration, Sustainability, Subsidies, Tax Incentives, Green Tech Ecosystem, Supply Chains, Innovation, Job Creation, Sustainable Future, Economic Transformation, Policy Incentives, Green Tech Industries.

Pages in journal: 739 - 744