Digital economy, green finance, and economic resilience.

With the rapid development of digital technology, the digital economy has become an important force to promote economic growth and drive innovation, and to enhance economic quality and ecological efficiency through green finance. Additionally, green finance, as an important means to achieve resource...

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Main Author: Jianqi Zhang
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0314028
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author Jianqi Zhang
author_facet Jianqi Zhang
author_sort Jianqi Zhang
collection DOAJ
description With the rapid development of digital technology, the digital economy has become an important force to promote economic growth and drive innovation, and to enhance economic quality and ecological efficiency through green finance. Additionally, green finance, as an important means to achieve resource and environmental sustainability, has received increasing attention and importance from the international community. This study explores how the digital economy and green finance contribute to economic resilience using panel data from 30 provinces and cities in China from to 2011-2023. The development of the digital economy can effectively promote economic resilience, and green finance plays a significant mediating role between the digital economy and economic resilience. In this regard, China's economic resilience must be enhanced by strengthening the construction of digital infrastructure, promoting innovation and the development of green finance, and formulating a policy environment conducive to the development of green finance.
format Article
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institution Kabale University
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publishDate 2025-01-01
publisher Public Library of Science (PLoS)
record_format Article
series PLoS ONE
spelling doaj-art-9c7ebbb6496f4e14b2a49772a6ec6d7b2025-02-12T05:30:55ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01202e031402810.1371/journal.pone.0314028Digital economy, green finance, and economic resilience.Jianqi ZhangWith the rapid development of digital technology, the digital economy has become an important force to promote economic growth and drive innovation, and to enhance economic quality and ecological efficiency through green finance. Additionally, green finance, as an important means to achieve resource and environmental sustainability, has received increasing attention and importance from the international community. This study explores how the digital economy and green finance contribute to economic resilience using panel data from 30 provinces and cities in China from to 2011-2023. The development of the digital economy can effectively promote economic resilience, and green finance plays a significant mediating role between the digital economy and economic resilience. In this regard, China's economic resilience must be enhanced by strengthening the construction of digital infrastructure, promoting innovation and the development of green finance, and formulating a policy environment conducive to the development of green finance.https://doi.org/10.1371/journal.pone.0314028
spellingShingle Jianqi Zhang
Digital economy, green finance, and economic resilience.
PLoS ONE
title Digital economy, green finance, and economic resilience.
title_full Digital economy, green finance, and economic resilience.
title_fullStr Digital economy, green finance, and economic resilience.
title_full_unstemmed Digital economy, green finance, and economic resilience.
title_short Digital economy, green finance, and economic resilience.
title_sort digital economy green finance and economic resilience
url https://doi.org/10.1371/journal.pone.0314028
work_keys_str_mv AT jianqizhang digitaleconomygreenfinanceandeconomicresilience