Research On the Influence of Green Finance on The Optimization and Upgrading of Industrial Structure

Abstract

Currently, sustainable development has emerged as the prevailing agreement at the national level and serves as the overarching principle driving the social and economic progress of all nations. The optimisation and modification of industrial structure is the central focus of China's green finance development, which plays a crucial role in attaining sustainable development. This study examines the relationship between "green finance" and the "upgrading and optimisation of industrial structure". It considers "technological progress" as a mediator and "openness level, government intervention, human resources, environmental supervision, and urbanisation rate" as control variables. The study aims to investigate the impact mechanism and degree of green finance on the optimisation and upgrading of industrial structure. This study presents specific recommendations based on the findings of the empirical analysis. The aim is to provide guidance for the government in formulating policies and regulations, making institutional decisions, and improving China's industrial structure. These recommendations also aim to promote sustainable and high-quality economic development.