China has implemented a groundbreaking national standard for quantifying the economic value of terrestrial ecosystems, marking a significant advancement in environmental economics. The State Administration for Market Regulation announced the new guideline on Tuesday, establishing a unified methodology for calculating the monetary worth of ecological products provided by land-based ecosystems within defined regions and timeframes.
The comprehensive standard outlines technical processes, indicator systems, and methodological frameworks while establishing rigorous requirements for foundational data utilization and final report preparation. Designed with scientific precision, systematic approach, and practical applicability, the guideline provides complete technical guidance for standardizing ecosystem valuations nationwide.
This pioneering framework serves as a crucial metric for evaluating ecosystems’ contributions to economic and social development, transforming how environmental assets are accounted for in national planning. The standardization enables consistent measurement of ecological products—the beneficial outputs and services generated by healthy ecosystems—creating a reliable basis for environmental policy decisions and sustainable development strategies.
The implementation represents China’s latest effort to integrate environmental conservation with economic planning, providing tools for more accurate assessment of natural capital in the nation’s development trajectory.