Research On The Influence Of Green Finance Development On The Optimization And Adjustment Of Industrial Structure

In the early period of China’s reform and opening-up,it is necessary to adopt a highly polluting and energy-consuming development pattern in order to realize fast economic growth.In the long term,China’s environment pollution,energy consumption and economic growth have become more and more serious,which has severely restricted the development of high quality economy and threatened human existence.Since the 18 th National Congress of the CPC,China has started the construction of conservation culture.So as to realize the harmonious development of circumstances and economy,the shionis of the 19 th National Congress of the CPC mention explicitly that we must take green finance as an important point of consideration to expedite the innovation of ecological civilization system and underscore the realization of promote a green transformation.The report of the 20 th National Congress of the CPC further underscores the paramount importance of economic and community development and green transformation.In conformity with the control of setup of production in recent years,it is prerequisite to optimize and modify the industrial structure for the sake of boosting the sustainable development of volkswirtschaft.Green finance can be used as a fugleman to the bankroll,so that the capital can be distracted from the output gap to the green industry,realize the expeditous assign of resources,and stimulate the industrial composition adjustment and optimization.In the research of the influence of Green Finance on Industrial Structure Optimization,most of the related literature is from qualitative relation,and there is a shortage of scalar study.Then,Makes a embedded analysis on the present situation of green finance and the layout of production development in China,and talk over the regime among them,and set up the judge quota system.According to the data of China’s 30 provinces from2007 to 2020,this paper analyzes the impact of green finance on industrial structure optimization and adjustment.The results show that: Firstly,China’s green finance expand level is lopsided,the sectional difference isapparent;The second is that Chinese industry structure is in transition and upgrading phase,and the transition is in a bottleneck;Thirdly,developing green finance can promote industry structure optimization and adjustment;Fourthly,the ability of research and development,the share of fiscal spending,and the degree of opening can also ameliorate the industrial structure in certain extend;Fifth,the effect of the growth of green finance to boost and adjust the industry structure in different regions.At last,according to the current situation of green finance,bottleneck of structure development and empirical results,the paper proposes some measures and recommendations,which will help to optimize and adjust the industry structure.Firstly,we should enforce green finance policy and push forward the market development;Secondly,it is necessary to enhance the innovation of green finance,and to enhance the introduction of qualified personnel;Thirdly,we should enlarge the main players in the financial market,and combine them in many ways;Fourthly,we should perfect the standard system of green financial assessment and the information disclosure system.