Research on the Impact of Green Credit on the Transformation and Upgrading of Manufacturing Industry
Green credit is the main form of green finance in China.The implementation of green credit can,on the one hand,encourage the flow of credit funds to the field of green and low-carbon manufacturing industry,and provide financial support for environmental protection and sustainable projects;on the other hand,it can also improve the financing cost of polluting manufacturing industry,limit its foreign investment,and promote the transformation and upgrading of high energy-consuming and high-polluting enterprises.Green credit plays a crucial role in the transformation and upgrading of the manufacturing industry.Based on this,by combing the existing research,defining the relevant concepts,analyzing the impact of green credit on the transformation and upgrading of the manufacturing industry,and proposing corresponding countermeasures.
green creditmanufacturing industrytransformation and upgrading