@article{oai:nagoya.repo.nii.ac.jp:00017420,
 author = {Yukihara, Tatsuto and Bai, Quan},
 issue = {E14-1},
 journal = {Economic Research Center Discussion Paper},
 month = {Feb},
 note = {As the biggest developing country and number one population country, China’s energy demand and CO2 emission increased prominently. China made much effort in reducing CO2 emission and promote sustainable development, and received prominent achievement. There are four main challenges for China to further reduce its CO2 emission in the next stage. China is fighting hard toward the 40‐45% emission reduction target by year 2020. Further reduction could not rely on current administrative measures, more market based tools should be introduced.},
 title = {Development of Low Carbon Economy in China},
 year = {2014}
}