An Study On The Impact Of Green Finance On Coordinated Regional Development

Since the 18th CPC National Congress first proposed the concept of building a beautiful China,China has put ecological civilization in the primary position,integrated into political construction,cultural construction and economic construction in an all-round way,and made remarkable achievements.Especially in the economic field,the development of green finance has also accelerated.The development of existing green credit products has been relatively mature,but in the field of green bonds,green insurance and other financial products,it needs to be strengthened.The rapid development of green finance in recent years has been deeply studied by many domestic scholars.Among them,the impact of green finance development on industrial structure is the most representative.Scholars generally believe that the development of green finance can promote the upgrading of industrial structure,but there are different degrees of regional heterogeneity.In the early stage of reform and opening up,China implemented the policy of getting rich first,driving the later to get rich,and taking the lead in the development of the southeast coast.Based on such historical factors,the current regional non coordinated development has been caused.In recent years,the state has paid more attention to this problem,and put forward the strategy of revitalizing the old industrial base in the northeast,actively promoting the western development,promoting the rise of the central region,and encouraging the eastern region to take the lead in development.The focus of regional development is to develop the economy.Now China is in the critical period of industrial structure transformation.It is particularly important for regional coordinated development to grasp this transformation opportunity and achieve high-quality economic development.Therefore,on the basis of previous studies,this paper first constructs the transmission mechanism through theoretical analysis,then combines the development status of green finance and regional coordination in China,and then conducts empirical research by establishing panel data of 31 provinces and cities from 2011 to 2021.Finally,it comes to the conclusion that the development of green finance,with industrial structure as an intermediary variable,will eventually affect the coordinated development of regions,and this impact also has spatial spillover effect.It is proposed that if we want to promote the coordinated development of the region in an all-round way,we should make full use of this spatial spillover effect,divide work and cooperate,and get what we need.But at the same time,we should also pay attention to the impact of regional heterogeneity.Because the development degree of green finance in each region is not the same,the coordinated development should avoid homogeneous development,and should be appropriate to the place,so as to achieve the coordinated development within each region.Based on this,this paper puts forward the following suggestions: first,we should vigorously promote the development of green industry;The second is to build a green financial policy that matches the local region;Third,we should improve the cooperation efficiency of neighboring provinces.Fourth,the government should strengthen and improve the construction of the green financial system...