Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)

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The Role of Fiscal Policy in Promoting the Development of Emerging Industries — A Case Study of the New Energy Sector

Authors
Luyang Song1, *
1Beijing Huijia Private School, Beijing, China
*Corresponding author. Email: songluyang@huijia.edu.cn
Corresponding Author
Luyang Song
Available Online 3 November 2025.
DOI
10.2991/978-94-6463-874-5_158How to use a DOI?
Keywords
Fiscal Policy; New Energy; Policy Subsidies
Abstract

With the global energy crisis and environmental pollution becoming increasingly severe, new energy has become a key industry for achieving green development and economic transformation. This paper focuses on China’s new energy sector to explore the role of fiscal policy in promoting its development. It first analyzes the rapid growth of China’s new energy industry, while acknowledging issues such as regional development imbalance and dependence on imported core technologies. Then, it examines specific fiscal policy measures such as subsidies, tax incentives, and government procurement. Using policy analysis and recent industry data, the paper evaluates the effectiveness of fiscal policies in supporting the industry. The findings show that fiscal policy plays a crucial role in developing the new energy sector and is an indispensable tool for promoting emerging industries. Finally, the paper provides policy recommendations for further improving the fiscal policy system to ensure both economic and green development in the new energy sector.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 November 2025
ISBN
978-94-6463-874-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-874-5_158How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Luyang Song
PY  - 2025
DA  - 2025/11/03
TI  - The Role of Fiscal Policy in Promoting the Development of Emerging Industries — A Case Study of the New Energy Sector
BT  - Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)
PB  - Atlantis Press
SP  - 1397
EP  - 1402
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-874-5_158
DO  - 10.2991/978-94-6463-874-5_158
ID  - Song2025
ER  -