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Research Paper | Economics | China | Volume 10 Issue 1, January 2021 | Popularity: 6.7 / 10

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Research on the Effect of Green Finance on the Upgrading of Chinas Industrial Structure

Huilin Lu

Abstract: With the rapid development of China's economy, ecological and environmental problems have become increasingly prominent. The study of the effect of green financial development on the upgrading of industrial structure has become a hot national issue. Financial development based on the analysis of China's green, green financial development to promote China's industrial structure upgrading, on the basis of through the establishment of plural regression model for China's green financial development in the first half of 2014-2019 degrees to the empirical analysis of the effect of industrial structure upgrade, concluded that the added value of the financial sector, the development of green credit positive impact on the upgrading of industrial structure; The ratio of energy conservation and environmental protection expenditure to industrial structure upgrading has a negative impact. The development of carbon finance and green bonds has no significant impact on the upgrading of industrial structure. On this basis, the paper puts forward corresponding countermeasures and suggestions for promoting the upgrading of China's industrial structure with the development of green finance.

Keywords: Green finance, The credit, Industrial upgrading

Edition: Volume 10 Issue 1, January 2021

Pages: 1128 - 1131

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