Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition) ›› 2023, Vol. 25 ›› Issue (1): 12-24.doi: 10.19722/j.cnki.1008-7729.2022.0130

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Green Finance, Fintech and High-quality Economic Development

  

  1. School of Economics and Management, Beijing University of Posts and Telecommunications 
  • Received:2022-10-20 Online:2023-02-28 Published:2023-02-28

Abstract: The impact of green finance and fintech on high-quality economic development is empirically examined. Using data from China’s 30 provinces and cities from 2011—2019, panel regression analysis was used to study the relationship among green finance, fintech and high-quality economic development. It is found that green finance comprehensively promotes high-quality economic development through its positive impact on ecological environment, efficient economic development, innovative development and industrial structure optimization. Furthermore, fintech has enhanced the positive impact of green finance on innovative development, efficient development and industrial structure, but in the process of green finance affecting green development, fintech has failed to show the expected regulatory effect. Based on this conclusion, corresponding policy suggestions are put forward, including strengthening the top-level design of green fintech, actively developing green fintech, and using technological means to improve risk supervision and control ability in the field of green finance.

Key words: green finance, fintech, high-quality development

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