Suggestions for promoting green science and technology finance in China under new development pattern

Authors

Wei ZHANG, School of Economics and Management, China University of Geosciences, Wuhan 430078, ChinaFollow
Xuemeng LIU, Business School, Chengdu University of Technology, Chengdu 610059, ChinaFollow

Keywords

new development pattern; green technology finance; green technology innovation; green R&D investment

Document Type

Policy & Management Research

Abstract

The new development pattern poses dual challenges to China’s existing financial system. In order to meet the challenges, the financial system needs to vigorously promote the development of green technology finance. To fulfill this, it is necessary to promote the system linkage and digitization of green technology finance, as well as to optimize the product structure of green technology finance. To promote the systematic linkage of green technology finance, it is necessary to promote the linkage development between direct and indirect financing methods of green technology, as well as the linkage development among the financial market of green technology, industrial market, and property market. To promote the digitization of green technology finance, it is necessary to improve financial technology infrastructure, actively develop financial technology enterprises, and continuously cultivate financial technology talents. To promote the optimization of the product structure of green technology finance, it is necessary to promote the rapid development of green R&D investment, including establishing a transfer mechanism from ordinary equity capital to green R&D capital, establishing a conversion mechanism from commercial bank funds to green R&D capital, and establishing a transformation mechanism from traditional financial institutions to green R&D investment institutions, and promote the continuous innovation of green technology financial products, including exploring the establishment of a convertible mechanism for green technology finance, exploring a series of green technology equity collateral financing products, exploring the development of green technology international finance, exploring the establishment of a green technology circular investment fund, etc.

First page

1245

Last Page

1252

Language

Chinese

Publisher

Bulletin of Chinese Academy of Sciences

References

1 江小涓, 孟丽君. 内循环为主、外循环赋能与更高水平双循环——国际经验与中国实践. 管理世界, 2021, 37(1): 1-18.Jiang X J, Meng L J. Internal circulation as the mainstay, external circulation as the empowerment, and higher-level dual circulation—International experience and Chinese practice. Managing the World, 2021, 37 (1): 1-18. (in Chinese)

2 曾刚. 做好“五篇大文章”服务高质量发展. 银行家, 2023, (12): 11-13.Zeng G. Doing well in “five great articles” to serve high-quality development. The Chinese Banker, 2023, (12): 11-13. (in Chinese)

3 赵展慧. 科技金融要聚合力补短板. 人民日报, 2023-10-16(18).Zhao Z H. Technology finance needs to gather strength to make up for its shortcomings. People’s Daily, 2023-10-16 (18). (in Chinese)

4 孙金钜, 任浪, 周佳. 境内外资本市场转板制度研究. 多层次资本市场研究, 2022, (2): 126-141.Sun J J, Ren L, Zhou J. Research on the transfer board system of domestic and foreign capital markets. Multi-level Capital Market Research, 2022, (2): 126 - 141. (in Chinese)

5 黄卓, 王萍萍. 金融科技赋能绿色金融发展：机制、挑战与对策建议. 社会科学辑刊, 2022, (5): 101-108.Huang Z, Wang P P. Fintech empowering the development of green finance: Mechanism, challenges and countermeasures. Social Science Journal, 2022, (5): 101-108. (in Chinese)

6 陆岷峰. 元宇宙技术及其在金融领域的应用研究. 南方金融, 2022, (7): 66-74.Lu M F. Research on metauniverse technology and its application research in the financial field. South China Finance, 2022, (7): 66-74. (in Chinese)

7 孙国为. 金融科技产业发展的核心问题及对策. 中国外资, 2024, (3): 118-120.Sun G W. The core problems and countermeasures of the development of financial technology industry. Foreign Investment in China, 2024, (3): 118-120.

8 北京绿色金融与可持续发展研究院. 金融科技推动中国绿色金融发展：案例与展望（2023）. 北京: 北京绿色金融与可持续发展研究院, 2023.Beijing Institute of Green Finance and Sustainable Development. Financial technology promotes the development of green finance in China: cases and prospects (2023). Beijing: Beijing Institute of Green Finance and Sustainable Development, 2023. (in Chinese)

9 卜学民. 金融数字化转型的变革与路径. 债券, 2023, (12): 47-51.Bu X M. The change and path of financial digital transformation. China Bond, 2023, (12): 47-51. (in Chinese)

10 姚前. 金融机构数字化转型面临的挑战与对策建议. 中国金融电脑, 2023, (10): 8-11.Yao Q. Challenges and countermeasures of digital transformation of financial institutions. Financial Computer of China, 2023, (10): 8-11. (in Chinese)

11 张超, 唐杰. 专利权质押融资是否缓解了中小企业的融资约束？. 中央财经大学学报, 2022, (9): 39-51.Zhang C, Tang J. Does patent pledge financing alleviate the financing constraints of SMEs in China?. Journal of Central University of Finance & Economics, 2022, (9): 39-51. (in Chinese)

12 黄梦哲. 我国企业境外融资机遇与挑战简析. 中国集体经济, 2022, (30): 11-13.Huang M Z. Analysis on opportunities and challenges of overseas financing of Chinese enterprises. China Collective Economy, 2022, (30): 11-13. (in Chinese)

13 徐顺青, 高军, 逯元堂, 等. 美国水环境保护融资经验对我国的启示. 中国人口·资源与环境, 2015, 25(S1): 288-291.Xu S Q, Gao J, Lu Y T, et al. Enlightenment of US financing experience in water environmental protection. China Population, Resources and Environment, 2015, 25(S1): 288-291. (in Chinese)

Recommended Citation

ZHANG, Wei and LIU, Xuemeng (2024) "Suggestions for promoting green science and technology finance in China under new development pattern," Bulletin of Chinese Academy of Sciences (Chinese Version): Vol. 39 : Iss. 7 , Article 36.
DOI: https://doi.org/10.16418/j.issn.1000-3045.20240120001
Available at: https://bulletinofcas.researchcommons.org/journal/vol39/iss7/36