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Over the past decade, China has entered a “new normal” phase in economic development, with its role in global trade flows changing significantly. This study estimates the driving forces of Chinese export‐embodied carbon emissions in the new normal phase, based on environmentally extended multiregional input‐output modeling and structural decomposition analysis. We find that Chinese export‐embodied CO2 emissions peaked in 2008 at a level of 1,657 million tones. The subsequent decline in CO2 emissions was mainly due to the changing structure of Chinese production. The peak in Chinese export‐embodied emissions is encouraging from the perspective of global climate change mitigation, as it implies downward pressure on global CO2 emissions. However, more attention should focus on ensuring that countries that may partly replace China as major production bases increase their exports using low‐carbon inputs.

Energy consumption is one of main reasons for global warming and highly correlated with economic development. As the largest energy consumer worldwide, China has entered a new economic development model – the "new normal". This study aims to explore the pattern shift in China's energy consumption growth in this new development phase. We use structural decomposition analysis (SDA) and environmentally extended input‐output analysis (EEIOA) to decompose China's energy consumption changes during 2005‐2012 into five factors: population, efficiency, production structure, consumption patterns, and consumption volume. During the period of the global financial crisis, the energy consumption generated by China's exports dropped, while the energy consumption generated by capital formation grew rapidly. Over three quarters of China's energy consumption growth was caused by capital formation during 2007‐2010. This growth is mainly because of China's economic stimulus measures in response to the global recession, with a focus on infrastructure construction. In the new normal, the strongest factors offsetting China's energy consumption have been shifting from efficiency gains to structural changes. Efficiency gains were the strongest factor offsetting China's energy consumption in traditional development model and offset 42% of energy consumption between 2005 and 2010 by keeping other driving forces constant. Since 2010, however, their effects offsetting energy have become weak. The production structure and consumption patterns both drove China's energy consumption growth in the traditional development model and drove energy consumption growth by 31% and 12% between 2005 and 2010, respectively. Since 2010, however, both factors have started to offset China's energy consumption.