July 30, 2025Open Access

The Impact of Digital Finance on the Efficiency of Green and Low-Carbon Economy Under the Dual Carbon Background: Based on Panel Data of Chinese Cities

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Analysis reveals digital finance boosts green economic growth in Chinese cities, indicating regional disparities.

The core finding shows that digital finance significantly enhances the efficiency of the green economy.
Group regression analysis reveals disparities based on levels of digital finance and regional resource availability.
The spatial Dobbin model identifies the impactful spatial spillover effect of digital finance on green economy efficiency.
This research provides critical insights for policymakers aiming to promote green sustainable development in China.

Sanglin Zhao (2025) studied this question.

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