Residential electricity consumption has an important impact on China’s construction of a low-carbon society. However, at present, little of the literature analyzes the influencing factors of residents’ overall well-being from the perspective of micro investigation. Based on the micro mixed cross section data of the Chinese General Social Survey (CGSS), this paper empirically studies the impact of residential electricity consumption on residents’ subjective well-being. In addition, in the heterogeneity analysis, we found that an increase in residential electricity consumption will improve the overall well-being of females and people with low levels of education, but it has no significant effect on males and people with high levels of education. Moreover, the increase in residential electricity consumption has improved the life satisfaction of young people and middle-aged people. Meanwhile, the increase in residential electricity consumption has a significant, positive impact on both low-income and high-income households. Further analysis shows that no nonlinear relationship exists between the increase in residents’ power consumption and the improvement in life satisfaction. This paper enriches the research on residential energy and provides policy implications for the current Chinese government to save energy, reduce emissions, and improve residents’ quality of life.

In China, the capitalization of education resources in housing prices has been widely discussed. However, insufficient attention is paid to it in rents. Thus, this paper mainly aims to identify the capitalization of school quality in rents. It estimates a hedonic treatment effects model by introducing the propensity score matching (PSM) method. The empirical analysis is based on 49,438 rental transaction data of 2016–2018 in Beijing, China. It finds that school quality can be significantly capitalized in rents across different school quality (ranked as 1st-class, 2nd-class, and popular-class), space, and time. Besides, quality school density (the number of quality schools) within neighborhoods can significantly moderate the nearest school’s capitalization, promoting a 3.5% capitalization increase in outer municipal districts but a 3% decrease in inner districts. The popular-class schools can be capitalized into the rent of inner districts, probably because of other exogenous factors (e.g., housing prices, public transit). In addition, the equitable housing policy might show a potential risk in worsening social inequality between homeowners and renters in the municipal areas with high competition for 1st-class schools. In contrast, it may remedy such inequality in outer districts with less competition for quality schools.

Urban renewal is essentially a process of redefining land property rights, restructuring land use functions and redistributing land value increment, which is of great significance for improving the efficiency of land resource allocation and realizing sustainable land management. This study investigates the urban renewal practice of 21 pilot cities in China, and focuses on the policy frameworks, implementation models and financing mechanisms of urban renewal in four first-tier cities, Beijing, Shanghai, Guangzhou and Shenzhen, through comparative analysis of policy documents and typical case studies. The results show that: (1) the current system for revitalizing land value through urban renewal remains exploratory in China, and the top-level design of land-related systems requires improvement; (2) there are obvious differences in land value distribution mechanisms under different renewal models, and the multi-stakeholder collaborative value sharing mechanism is insufficient; (3) the single financing model leads to blocked land value realization paths, and it is difficult to balance investment and return. Based on the findings, this study proposes targeted optimization paths for sustainable land value revitalization in urban renewal, which provides empirical evidence for land policy innovation and land resource value realization.