Economics, Econometrics and Finance
2 years ago

Green investment and technology boost eco-friendly industries in China for sustainability.

Sustainability
Green Investment, Technological Progress, and Green Industrial Development: Implications for Sustainable Development
Mingwen Chen, Rongjia Chen, Shiyong Zheng, Biqing Li

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Green investment and technological progress are driving the development of eco-friendly industries in China. By analyzing the impact of these factors, researchers found that increasing R&D spending and green finance investments positively affect industrial structure. Technology also plays a significant role in long-term industrial development. To promote green industrial growth in China, it is crucial to boost green investment and technological advancements.