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The Impact of Digital Finance on International Low Carbon Trade Competitiveness

Year: 2025
Type: article
Abstract: Turning into a trader of quality is the key to promoting the efficiency and dy-namics of China's economy, and is also an important support for the realiza-tion of socialist modernization. In the low-carbon era, the construction of a trader of quality needs to consider low-carbon economic indicators. Meanwhile, China's financial industry has entered the digital stage, and the rapid develop-ment of digital finance has had a significant impact on trade and social econo-my. Low carbon economy and digital finance bring new requirements and op-portunities for trade development. It has become an important issue to study how digital finance can help enhance the low carbon trade competitive-ness.Based on the data of 30 provinces in China from 2011 to 2022, this paper studies the impact of digital finance on the competitiveness of international low-carbon trade. Through theoretical analysis and empirical tests, the study finds that: (1) Digital finance significantly promotes international low carbon trade competitiveness; (2) The depth and the digitization degree of digital fi-nance have a positive im-pact on competitiveness; The study also provides the-oretical support and prac-tical guidance for the development of PPP(Purchase Power Parity), helping governments and the private sector to better grasp the opportunities of digital finance and low-carbon economy, and design more for-ward-looking and sus-tainable PPP projects. Meanwhile, the study also provides an important refer-ence for optimizing the regional layout of PPP projects, promoting technological innovation and formulating relevant policies, which helps to achieve a win-win situation for both economic and social benefits.
DOI: 10.63313/ebm.9031
Institution: Foshan University
Language: English
Open Access status: hybrid
OpenAlex ID: W4408873190
FWCI:
Cites: 3
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Related to: 10