Research On The Financial Support Of The Development Of China's New Energy Industry

With the increasing use of traditional energy sources in the world,such as the depletion of traditional energy sources,environmental pollution,and unsustainable issues,many countries in the world have explored and developed new energy sources to get out of their dependence on traditional energy sources and to create a clean,no pollution,sustainable new energy development path.Lucid waters and lush mountains are invaluable assets.The development of new energy is not only a choice but also a responsibility.At the same time,under the background of financial disintermediation and the rapid development of Internet finance,the financial industry is developing rapidly and looking for new profit growth points.During the period,combined with the development of new energy industries,we can achieve a win-win situation.In this circumstances,the research on the financial support for the development of China's new energy industry is particularly important.It is of great significance to promote the healthy,rapid,quality,and quantity development of China's new energy industry.Through the literature research,qualitative and quantitative analysis,this paper makes an empirical analysis on the development of new energy industry from the perspective of financial support.It is beneficial to deepen the understanding of the development of new energy industry and solve the problems arising in the development of new energy industry,and put forward comprehensive suggestions.The existing literature research has certain foresight.This paper makes a systematic analysis of the financial support for the development of China's new energy industry from five aspects.The first part is that this article combs the domestic and foreign research on the development of new energy industry and financial support,and points out the direction for this study.In the second part,it expounds the meaning and types of the new energy industry,analyses the characteristics and advantages and disadvantages of various new energy sources,and the way and function of financial support for the development of new energy industry.The third part analyses the current situation,internal cause and restrictive factors of the new energy industry and financial support in China,and finds that the new energy industry in China accounts for the low,difficult financing,high cost and defective development.The fourth part selects the new energy generation as the research object and supports the development of the financial support for the industry.The related factors carry on the vector autoregression,analyze and test the model,find that the domestic credit is more powerful than the stock market financing.The fifth part puts forward the financial support for the development of the new energy industry in China.Countermeasures,including building a good financial ecological environment,increasing the financial support for the development of new energy industry,establishing risk prevention measures,establishing risk early warning mechanism,developing core technology,and promoting new energy enterprises to go out,etc.The study of financial support for the development of China's new energy industry can clearly develop the impact of Finance on the development of new energy industry,encourage new energy industry to develop technology,clear industrial division of labor and positioning,prevent risks,realize the stable and healthy development of the new energy industry in China,and promote the new economic growth.