Open AccessAnalysis on the Relationship between Green Finance and Green Development of Guangdong Province
Author(s) -
Weian Huang,
Yiru Wang,
Haiye Chen
Publication year - 2020
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1549/3/032046
Subject(s) - china , sustainable development , green development , green economy , business , bay , geography , economic growth , regional science , economy , finance , economics , political science , archaeology , law
Policies about sustainable development are carrying out in China. From two perspectives to study whether green finance promoted the green economy development in Guangdong or not by grey correlation analysis. The results of using Guangdong’s green financial data were not supported this hypothesis, while the results of using national financial data were supported this hypothesis. The reason is that Guangdong even Guangdong, Hong Kong and Macao Greater Bay area is one of the most developed regions in China, which shows a gatherring effect, and the resources of the whole country flow into Guangdong continuously. That play an important role in green development in Guangdong.