How Does Green Finance Affect the Sustainable Development of the Regional Economy? Evidence from China

The continuous expansion of green finance makes it a new scheme to stimulate economic vitality, but its stimulation path remains be explored. Using the panel data 30 regions in China from 2016 2020, this research utilized an entropy method evaluate and sustainable development regional economy (SDRE), then discussed their coupling coordination relationship heterogeneity. results show that: (1) developments SDRE eastern coastal are generally better than that China’s inland regions. (2) If at high level, will enhanced. Otherwise, effect weakened. (3) influence on has evident heterogeneity, is positive echelon with degree finance.