Research On The Coupling Relationship Between Green Finance And High-quality Economic Development In Henan Province

Realizing high-quality economic development has become a new theme and a new direction of the development in Henan Province.The transformation of industries with high pollution and high energy consumption and the growth of low-carbon industries cannot be separated from the support of green finance,and the diversified financial needs generated in the economic transformation also provide opportunities for the development of green finance.This paper establishes the coupling mechanism between green finance and economic development,then measures the level of green finance and high-quality economic development with the entropy evaluation method,and empirically analyzes the coupling relationship between the two systems and between different dimensions combined with the coupling coordination model.The results show that:First,the level of green finance and high-quality economic development in Henan province has been significantly improved,but there is a large gap between the prefecture-level cities,and the coordination of regional development needs to be further improved.Second,the coupling and coordination degree of green finance and high-quality economic development in Henan Province is within the range of 0.384--0.522,showing a steady rising trend.Among them,the coordinated development level of Zhengzhou and Luoyang are ahead of other cities.Third,in terms of dimensions,the coordinated economic development and the green economic development have a strong role in enhancing the coupling coordination degree of green finance and high-quality economic development in Henan Province,the shared economic development is followed,and the role of the innovative economic development and the open economic development needs to be improved.Based on the conclusions obtained in this paper,countermeasures and suggestions are given from the following aspects: First,promote the level of green finance through all sectors of society,so as to promote high-quality economic development.Second,establish an information disclosure platform and cultivate new market entities,such as environmental credit evaluation companies and green rating companies etc.,to promote the coupling level of two systems in Henan Province.Third,improve the talent incentive mechanism and the transformation mechanism of scientific and technological achievements to improve the level of innovation in Henan Province;carry out bilateral and multilateral cooperation to build an open economy.Fourth,give full play to the leading role of Zhengzhou city and form a regional linkage mechanism.In conclusion,this paper discusses coupling relationship between green finance and high-quality economic development in Henan Province by theoretical discussion and empirical analysis,not only can enrich the theory framework,but also can recognize the advantages of the development process and identify the regional development differences,so as to provide a basis for the government to formulate policies in promoting the coordinated development of green finance and high-quality economic development.