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Impact of Green Finance on the Transformation and Upgrading of the Manufacturing Industry
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Zhaoying LIU, Xianchang ZHANG
Science Technology and Industry | 2025, 25(4) : 151 - 156
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Science Technology and Industry | 2025, 25(4): 151-156
Industrial Development
Impact of Green Finance on the Transformation and Upgrading of the Manufacturing Industry
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Zhaoying LIU, Xianchang ZHANG
Affiliations
  • School of Business, Liaocheng University, Liaocheng 252000, Shandong, China
Published: 2025-02-25
Outline
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Green finance can provide financial support and guarantee for the transformation and upgrading of the manufacturing industry. A panel fixed-effect model was constructed based on the provincial panel data from 2007 to 2022, with the objective of analyzing the impact of green finance on the transformation and upgrading of the manufacturing industry. The empirical results demonstrate that green finance plays a pivotal role in facilitating the transformation and upgrading of the manufacturing industry. Green technology innovation serves as a partial intermediary between green finance and manufacturing transformation, indirectly promoting the transformation and upgrading of the manufacturing industry. Additionally, the impact of green finance on manufacturing transformation exhibits regional heterogeneity.

green finance  /  green technology innovation  /  manufacturing transformation and upgrading
Zhaoying LIU, Xianchang ZHANG. Impact of Green Finance on the Transformation and Upgrading of the Manufacturing Industry[J]. Science Technology and Industry, 2025 , 25 (4) : 151 -156 .
Year 2025 volume 25 Issue 4
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Article Info
  • Receive Date:2024-09-18
  • Online Date:2025-07-21
  • Published:2025-02-25
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  • Received:2024-09-18
Affiliations
    School of Business, Liaocheng University, Liaocheng 252000, Shandong, China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
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Genus
种数
Number of
species
占总种数比例
Percentage of total
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鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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