Research On The Impact Of Carbon Emissions From Chinese Manufacturing Enterprises On Their International Competitiveness

Many developed countries abroad have required domestic enterprises that meet certain conditions to disclose their greenhouse gas emissions information.Chinese enterprise management measures specify that enterprises disclose information on their annual emissions,emission facilities,and other aspects in accordance with the law.As a pillar industry of China’s national economy,manufacturing enterprises in China are concerned about the impact of related carbon emissions on their international competitiveness during the practice of international competition.This has always been an important consideration for enterprise development.With the advancement of the economy and society,enterprises not only pursue economic profits,but also take responsibility for the environment and corresponding social responsibilities,And through technological effects,reduce carbon emissions levels,compensate for the initial environmental governance costs,and ultimately have a positive impact on international competitiveness.As a major developing country,under various global constraints and against the backdrop of rising trade protectionism,it is of great significance to study the relationship between carbon emissions of Chinese manufacturing enterprises and their international competitiveness.Therefore,this article constructs an indicator system to measure the international competitiveness of enterprises,selecting data from A-share listed companies in China’s manufacturing industry from 2012 to 2020 as the research sample for empirical analysis.The study found that there is a significant positive relationship between carbon emissions of Chinese manufacturing enterprises and their international competitiveness.This article selects corporate social responsibility and corporate technological innovation as moderating variables to study the impact of carbon emissions from Chinese manufacturing enterprises on their international competitiveness.The study found that the coefficient of corporate social responsibility as the moderating variable is negative.Corporate participation in social responsibility activities increases environmental costs,charitable expenses,and other expenses,inevitably dispersing resources such as corporate capital,and intangible resources such as corporate reputation cannot be immediately transformed,Ultimately,it will have a negative impact on the international competitiveness of the enterprise;Another moderating variable,the coefficient of enterprise technological innovation,is significantly positive.Against the backdrop of domestic and foreign requirements for enterprise carbon emissions,enterprises are forced to engage in technological innovation to reduce carbon emissions.With the improvement of enterprise technological innovation level,the total factor productivity of enterprises increases,thereby enhancing their international competitiveness.Based on the research in this article,the following suggestions are proposed to enhance the international competitiveness of China’s manufacturing industry: firstly,enterprises should actively assume social responsibility to enhance their corporate image and international competitiveness;Secondly,establish low-carbon standards for enterprises and cultivate the concept of sustainable development;Thirdly,enterprises actively develop low-carbon technological innovation and build professional talent teams;Fourthly,establish and improve a carbon trading market,and promote the construction of market mechanisms;Fifth,formulate low-carbon plans and sort out development paths.