Research on the Mechanism, Effect and Evaluation System of Green Finance Promoting Industrial Upgrading Under the Background of the Transformation of Old and New Kinetic Energy

Zuojian ZHENG, Hao SUN, Bing XU, Lei ZHANG

Abstract


China’s 14th Five-Year Plan addresses ecological degradation, resource depletion, and economic issues by proposing a “dual cycle” strategy. Green finance gains importance in this context. The plan focuses on upgrading the industrial structure, aligning with supply-side reform for higher-quality development. Research shows that green finance can guide funds towards eco-friendly sectors, aiding industrial optimization. Shandong Province, a pilot zone for energy conversion, plays a crucial role in achieving carbon neutrality. Studying how green finance drives industrial upgrading in Shandong holds practical and academic value. The paper outlines: explaining green finance and industrial structure theories, analyzing their interplay, assessing Shandong’s green finance and structural progress, empirical analysis of 2010-2021 data, and offering development recommendations based on findings.


Keywords


Green finance; Upgrading of industrial structure; Transition to new from old economic

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References


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DOI: http://dx.doi.org/10.3968/13297

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