Coupling Coordination Between Green Finance Development and Industrial Structure Optimization: A Case Study of Hebei Province

Journal Title: Journal of Green Economy and Low-Carbon Development - Year 2024, Vol 3, Issue 4

Abstract

Under the "dual carbon" goals, green finance, as a financial activity aimed at optimizing resource allocation and protecting the environment, holds significant scientific importance for the rational adjustment and upgrading of regional industrial structures. Hebei Province, a key industrial hub in China, faces an urgent need for industrial structure adjustment and optimization. This paper employs time series data from Hebei Province spanning 2001 to 2023 to measure the development levels of green finance and industrial structure, and constructs a coupling coordination model to analyze their interactions. Furthermore, the study uses the GM (1,1) grey model to predict future trends. The results indicate that the coupling coordination degree between green finance and industrial structure upgrading in Hebei Province has steadily improved but remains at a moderate coupling stage. It is projected that the coupling coordination degree will continue to rise, entering a high coordination stage by 2032.

Authors and Affiliations

Jiayu Chen, Jinyu Chen, Lijun Zhao

Keywords

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  • EP ID EP759326
  • DOI -
  • Views 21
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How To Cite

Jiayu Chen, Jinyu Chen, Lijun Zhao (2024). Coupling Coordination Between Green Finance Development and Industrial Structure Optimization: A Case Study of Hebei Province. Journal of Green Economy and Low-Carbon Development, 3(4), -. https://www.europub.co.uk/articles/-A-759326