Zhu Jianmin, Yan Wei, He Junliang, Hafeez Muhammad, Sohail Sidra
Institute of Logistics Science and Engineering, Shanghai Maritime University, Shanghai, China.
China Institute of FTZ Supply Chain, Shanghai Maritime University, Shanghai, China.
Heliyon. 2024 May 10;10(10):e31102. doi: 10.1016/j.heliyon.2024.e31102. eCollection 2024 May 30.
Due to its rapid economic development over the past few decades, China is now at the forefront of environmental issues, necessitating creative solutions that combine ICT, digital financial inclusion, environmental pressure, and free trade to encourage green investment. This study aims to investigate the linkage between ICT, digital financial inclusion, environmental pressure, free trade, and green investment in China from 1996 to 2022 by employing the Partial least squares structural equation modelling (PLS-SEM). As per our results, the statistical values of Cronbach's alpha, composite reliability, and average variance are all above the cutoff point, demonstrating the applicability of this methodology. According to the structural model's results, the path coefficients between digital financial inclusion and green investment, environmental pressure and green investment, and GDP and green investment are positively significant, implying that these three factors are crucial for boosting green investment in China. In addition, our vector autoregressive model results suggest that ICT, digital financial inclusion, environmental pressures, free trade, and GDP cause green investment to rise in China. Thus, the policymakers in China should focus on developing comprehensive policies to encourage green investment in China, which is crucial for economic and environmental sustainability.
由于在过去几十年中经济的快速发展,中国如今处于环境问题的前沿,这就需要有创造性的解决方案,将信息通信技术、数字金融普惠、环境压力和自由贸易结合起来,以鼓励绿色投资。本研究旨在通过运用偏最小二乘结构方程模型(PLS-SEM),调查1996年至2022年期间中国信息通信技术、数字金融普惠、环境压力、自由贸易与绿色投资之间的联系。根据我们的结果,克朗巴哈系数、组合信度和平均方差的统计值均高于临界值,表明该方法的适用性。根据结构模型的结果,数字金融普惠与绿色投资、环境压力与绿色投资以及国内生产总值与绿色投资之间的路径系数呈显著正相关,这意味着这三个因素对促进中国的绿色投资至关重要。此外,我们的向量自回归模型结果表明,信息通信技术、数字金融普惠、环境压力、自由贸易和国内生产总值会促使中国的绿色投资增加。因此,中国的政策制定者应专注于制定全面政策,以鼓励中国的绿色投资,这对经济和环境的可持续性至关重要。