Grey Correlation Analysis of Green Finance and Industrial Structure Optimisation in Guangdong Province
Guangdong economy is in the period of old and new kinetic energy transformation,green finance is an important hand to promote industrial structure optimisation and accelerate the transformation of old and new kinetic energy,and it is of practical significance to study the role of green finance in Guangdong Province on industrial structure adjustment.Based on the data from 2005 to 2021,the relationship between green finance and industrial structure optimisation in Guangdong Province is empirically analysed using grey correlation analysis.The study shows that green finance in Guangdong Province has the strongest correlation with the tertiary industry,followed by the secondary industry,and the primary industry is the weakest,so green finance has a positive role in promoting the optimisation of industrial structure.Accordingly,policy suggestions are made for the development of green finance to promote the optimisation of industrial structure in Guangdong Province.
green financeindustrial structure optimizationgrey correlation