| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 02049 | |
| Number of page(s) | 5 | |
| Section | Green Low-Carbon and Energy Saving and Emission Reduction Applications | |
| DOI | https://doi.org/10.1051/e3sconf/202127502049 | |
| Published online | 21 June 2021 | |
Research on China’s Green Finance Promoting Sustainable Economic Development
1
Business School of Jianghan University, Manufacturing Industry Development Research Center on Wuhan city circle, Wuhan City, Hubei Province, P.R. China
2
Business School of Jianghan University, 2020 Postgraduate of Accounting Professional Master, Wuhan City, Hubei Province, P.R. China
*a Corresponding author: xkyx@sina.com
b 1336207074@qq.com
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.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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