Research on China’s Green Finance Promoting Sustainable Economic Development

Research on China’s Green Finance Promoting Sustainable Economic Development

With China’s economic development entering a new normal, green finance has become a new direction to explore the sustainable development of economy in the supply side structural reform task of “three removal, one reduction and one compensation”. Firstly, this paper analyzes the concept of green fina...

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Main Authors: Xiong Kai, Yao Yijun
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_02049.pdf
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spelling doaj-756527e3d6f74203abe97459015ccae42021-07-07T11:32:27ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012750204910.1051/e3sconf/202127502049e3sconf_eilcd2021_02049Research on China’s Green Finance Promoting Sustainable Economic DevelopmentXiong Kai0Yao Yijun1Business School of Jianghan University, Manufacturing Industry Development Research Center on Wuhan city circleBusiness School of Jianghan University, 2020 Postgraduate of Accounting Professional MasterWith China’s economic development entering a new normal, green finance has become a new direction to explore the sustainable development of economy in the supply side structural reform task of “three removal, one reduction and one compensation”. Firstly, this paper analyzes the concept of green finance and its development status. Secondly, taking green credit as an example, this paper makes an empirical study on the contribution of green finance to sustainable economic development. Finally, according to the results of empirical research, some suggestions including increasing the application proportion of green finance, improving green financial products and business model and forming a market mechanism for green finance to promote green development independently, are put forward to improve the sustainable development of green finance in China.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_02049.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Xiong Kai
Yao Yijun
spellingShingle Xiong Kai
Yao Yijun
Research on China’s Green Finance Promoting Sustainable Economic Development
E3S Web of Conferences
author_facet Xiong Kai
Yao Yijun
author_sort Xiong Kai
title Research on China’s Green Finance Promoting Sustainable Economic Development
title_short Research on China’s Green Finance Promoting Sustainable Economic Development
title_full Research on China’s Green Finance Promoting Sustainable Economic Development
title_fullStr Research on China’s Green Finance Promoting Sustainable Economic Development
title_full_unstemmed Research on China’s Green Finance Promoting Sustainable Economic Development
title_sort research on china’s green finance promoting sustainable economic development
publisher EDP Sciences
series E3S Web of Conferences
issn 2267-1242
publishDate 2021-01-01
description With China’s economic development entering a new normal, green finance has become a new direction to explore the sustainable development of economy in the supply side structural reform task of “three removal, one reduction and one compensation”. Firstly, this paper analyzes the concept of green finance and its development status. Secondly, taking green credit as an example, this paper makes an empirical study on the contribution of green finance to sustainable economic development. Finally, according to the results of empirical research, some suggestions including increasing the application proportion of green finance, improving green financial products and business model and forming a market mechanism for green finance to promote green development independently, are put forward to improve the sustainable development of green finance in China.
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_02049.pdf
work_keys_str_mv AT xiongkai researchonchinasgreenfinancepromotingsustainableeconomicdevelopment
AT yaoyijun researchonchinasgreenfinancepromotingsustainableeconomicdevelopment
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