Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)

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The Impact of Industrial Enterprise Fintech on Green Production Efficiency from the Perspective of Green Inclusive Growth

Authors
Xiangcheng Wang1, *
1Lingnan University, Hongkong, China
*Corresponding author. Email: wangxiangcheng618@163.com
Corresponding Author
Xiangcheng Wang
Available Online 22 December 2025.
DOI
10.2991/978-94-6463-916-2_50How to use a DOI?
Keywords
fintech; industrial enterprises; green production efficiency; green technology innovation; financing constraints; digital transformation
Abstract

This study empirically investigates the impact of fintech on green production efficiency in industrial enterprises using 19,860 annual observations from Shanghai and Shenzhen A-share listed companies (2011-2023). By constructing an urban-level fintech development index and integrating corporate green patent data, financing constraints, and digital transformation levels, we examine how fintech drives green technological innovation. The findings demonstrate that fintech significantly boosts green patent applications, thereby enhancing green production efficiency through two primary pathways: alleviating financing constraints and facilitating digital transformation. Notably, high-tech firms, private enterprises, and those in eastern China show heightened sensitivity to fintech, achieving substantially greater benefits than other groups. Robustness tests and endogeneity controls confirm the reliability of the conclusions. The research reveals that fintech not only optimizes industrial financing environments but also accelerates digital transformation, providing new momentum for green innovation. These insights hold significant implications for achieving China’s “dual carbon” goals and promoting high-quality industrial development.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
22 December 2025
ISBN
978-94-6463-916-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-916-2_50How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xiangcheng Wang
PY  - 2025
DA  - 2025/12/22
TI  - The Impact of Industrial Enterprise Fintech on Green Production Efficiency from the Perspective of Green Inclusive Growth
BT  - Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)
PB  - Atlantis Press
SP  - 465
EP  - 477
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-916-2_50
DO  - 10.2991/978-94-6463-916-2_50
ID  - Wang2025
ER  -