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Shenzhen introduces green growth indicator

Shenzhen has become the first metropolis to introduce a gross domestic product (GDP) alternative. The so-called gross ecosystem product (GEP) is designed to take into account not only what is sold and produced in a state or city, but also factors such as clean water, clean air, and intact green spaces. In this way, the GEP is intended to say more about human well-being than the GDP, which is based on material possessions, and to draw attention to green and sustainable economic development.

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