Green Technology Innovation and Financial Services System: Evidence from China

Green technology is the new trend for combining technology, innovation, and sustainability. However, China faces several problems in this regard, given high cost of green products services. To accelerate establishment it necessary to solve financial system faced by various companies build a that promotes innovation. Based on an analysis articles published top international journals official documents from 2016 2022 about relationship between services China, paper tries present specific policy recommendations create market supports China. Our results show must include, first all, model financing risk management at level stock market, investment, insurance, guarantees face reluctance banks lend. In addition, government incentives, including incubation, guarantees, interest rate subsidies, etc., mitigate environmental externalities projects limit costs enterprises. Then, long-term funding needs be provided address cost-effectiveness selected projects; finally, use digital required improve valuation capabilities establish set benefit definitions criteria suitable venture capital funds.