Russia and China: Strategy and Tactics of ESG-Interaction

The relevance of the topic is due to the strengthening of the Asian vector of Russian interaction. In the context of increasing cross-country interaction, when building ESG policy, it is important to determine the strategy and tactics of ESG-interaction, points of contact and factors for further growth, which will be the purpose of this work. The theoretical basis was the work of domestic and foreign authors. This study uses not only general methods of dialectical cognition, logical analysis and synthesis, but also methods of sociological research in the form of surveys and interviews. The expert opinion of experts, including one of the author, who has direct experience in trade cooperation with the People’s Republic of China, will allow the full coverage of the entire range of problems on the designated topic.
The results of the study showed a commonality in the strategy of socio-economic development and innovative growth of the two countries. Tactically, the features of the implementation of the ESG policy are highlighted, which are the basis for the further growth of ESG cooperation between Russia and China. Specific projects are presented, and prospects for cooperation are outlined.
The scientific novelty consists in finding the specificity and commonality of ESG interests of the two countries in the process of building ESG policy, which will be valuable for individual researchers and the scientific community. Assessing the prospects for further growth points, this will make it possible to take into account ESG tactics and adjust strategies for further interaction. This is certainly important for businesses and decision makers in the field of ESG and sustainable development. The indicated practical significance is not limited to these areas.

1. Kamynin V. A. Company’s sustainable development: Interpretation, methods and models. Rossiiskoe predprinimatel’stvo = Russian Journal of Entrepreneurship. 2017;18(4):533–550. (In Russ.). DOI: 10.18334/rp.18.4.37550

2. Vederin I. V., Golovshchinskii K. I., eds. ESG: Three letters that change the world. HSE report for the 23rd Yasin (April) Int. sci. conf. on problems of economic and social development, 2022. Moscow: HSE Publ.; 2022. 136 p. (In Russ.).

3. Kuklina E. A. The concept of sustainable development in the projection of modern transformational trends: A new reality and new opportunities for business. Upravlencheskoe konsul’tirovanie = Administrative Consulting. 2022;(6):64–78. (In Russ.). DOI: 10.22394/1726-1139-2022-6-64-78

4. Razov P. V. ESG: Research progress and future prospects. Sotsial’no-politicheskie nauki = Sociopolitical Sciences. 2022;12(2):60–66. (In Russ.). DOI: 10.33693/2223-0092-2022-12-2-60-66

5. Mamedov N. M. Ecology and sustainable development. Moscow: Moscow State Academy of Business Administration; 2013. 365 p. (In Russ.).

6. Zhang Zh. Features of the implementation of the UN concept of sustainable development in the Russian Federation and China (comparative analysis). Cand. econ. sci. diss. Moscow, 2019. 219 p. (In Russ.).

7. Shmarlovskaya H. A. Circular economy — an innovative model of China’s development. Vesnіk Magіleўskaga dzyarzhaўnaga ўnіversіteta іmya A. A. Kulyashova. Seryya D. Ekanomіka, satsyyalogіya, prava. 2022;(1):21–26. (In Russ.).

8. Wan Yu., Novikova I. V. Strategic planning of China’s economic development. Strategirovanie: teoriya i praktika = Strategizing: Theory and Practice. 2022;2(3):293–303. (In Russ.). DOI: 10.21603/2782-2435-2022-2-3-293-303

9. Safronova E. I. Concept and experience of sustainable development: A view from China. Vostochnaya Aziya: fakty i analitika = East Asia: Facts and Analytics. 2020;(3):18–35. (In Russ.). DOI: 10.24411/2686-7702-2020-10016

10. Berger Ya. Chinese model of development. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations. 2009;(9):73–81. (In Russ.).

11. Ye J., Fues T. A strong voice for global sustainable development: How China can play a leading role in the post-2015 Agenda. German Development Institute Briefing Paper. 2014;(2). URL: https://www.idos-research.de/fileadmin/migratedNewsAssets/Files/BP_2.2014.pdf

12. Petushkova V. V. Experience and prospects of China’s sustainable development. Vestnik Rossiiskoi akademii nauk = Herald of the Russian Academy of Sciences. 2022;92(4):384–393. (In Russ.). DOI: 10.31857/S 0869587322040065

13. Politov A. K. Implementation of the concept of sustainable development in China. Innovatsii. Nauka. Obrazovanie. 2021;(34):496–503. (In Russ.).

14. Rosati F., Faria L. G.D. Addressing the SDGs in sustainability reports: The relationship with institutional factors. Journal of Cleaner Production. 2019;215:1312–1326. DOI: 10.1016/j.jclepro.2018.12.107

15. Mitina N. N., Song Ya. Ways of China’s sustainable economic development. Innovatsii i investitsii = Innovation & Investment. 2022;(5):15–21. (In Russ.).

16. Тao M., Chen L., Su L., Tao J. Satellite observation of regional haze pollution over the North China Plain. Journal of Geophysical Research. Atmospheres. 2012;117(D 12):12203. DOI: 10.1029/2012JD 017915

17. Li L., Xia X., Chen B., Sun L. Public participation in achieving sustainable development goals in China: Evidence from the practice of air pollution control. Journal of Cleaner Production. 2018;201:499–506. DOI: 10.1016/j.jclepro.2018.08.046

18. Delyagin M. The global crisis. The general theory of globalization. Moscow: Infra-M; 2003. 768 p. (In Russ.).

19. Chen F. China’s economic development under external pressure. Stolypinskii vestnik. 2023;5(4):35. (In Russ.).

20. Levchenko T. China’s economic development: Main trends and objectives of 14th Five-Year Plan. Vestnik Astrakhanskogo gosudarstvennogo tekhnicheskogo universiteta. Seriya: Ekonomika = Vestnik of Astrakhan State Technical University. Series: Economics. 2022;(4):109–116. (In Russ.). DOI: 10.24143/2073-5537-2022-4-109-116

21. Deng Ju., Saveliev I. Model of China: Guanxi marketing. Nauchnye trudy Vol’nogo ekonomicheskogo obshchestva Rossii = Scientific Works of the Free Economic Society of Russia. 2023;242(4):320–344. (In Russ.). DOI: 10.38197/2072-2060-2023-242-4-320-344

22. Yuan Fuhua, Zhang Ping, Li Zhaochen. The causes of discontinuous growth and the transformation of innovation paths. Journal of the Party School of the Central Committee of the Communist Party of China. 2018;22:1.

23. Karpovich O., Shangarev R. USA and external factors impact on China’s economic development. Voprosy regional’noi ekonomiki = Problems of Regional Economy. 2022;(2):241–246. (In Russ.).

24. Luzyanin S.G Russia-China: The formation of a renewed world. Moscow: Ves’ mir; 2018. 328 р. (In Russ.).

25. Carroll A. B. Corporate social responsibility: Evolution of definitional construct. Business and Society. 1999;38(3):268–295. DOI: 10.1177/000765039903800303

26. Obiremko S., Liu J. Some features of the modern development of the Chinese economic model. Ekonomika. Professiya. Biznes = Economics. Profession. Business. 2023;(3):49–59. (In Russ.). DOI: 10.14258/epb202337

27. Li M. Corporate social responsibility in China, Russia and the USA: Results of an expert survey. Sotsiologiya = Sociology. 2019;(1):184–191. (In Russ.).