Abstract
With the increasing attention of the state to the development of green finance year by year, China's green economy framework has gradually shown a certain scale. In order to better understand the factors affecting the development of green finance in China, this paper uses the factor analysis method to reduce the dimension of the factors affecting the development of green finance from 2010 to 2020, and extracts two main factors affecting the development of Green Finance: economic development factor and environmental protection factor. The empirical results are as follows: the weight of economic development factors is larger, and the weight of environmental factors is smaller.
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