Research Progress on Urban Land Use Efficiency in China from the Perspective of Green Finance in the New Era

Abstract

Urban land green utilization efficiency is an important indicator of the transition in land resource utilization and high-quality land use in China, accompanying the background of carbon peaking and carbon neutrality. As a new macroeconomic regulation tool for achieving the smooth operation of the green economy, green finance and taxation policies have become a frontier issue in China's ecological quality construction and coordinated economic development. This paper selects a large number of domestic and foreign literature to comprehensively summarize and analyze the connotation and role of green finance policies and the development of land use efficiency measurement. Existing literature indicates that: (1) Despite the current lack of mechanisms and unclear incentive measures, green finance policies are still an inevitable trend in the development of China's fiscal and tax systems in the new era. Achieving scientific and green financial management requires more government investment and practical improvements. (2) Research on land use efficiency is mainly divided into measurement system research and influencing factors research. The former focuses on the efficiency evaluation of input-output and has evolved from comparing efficiency differences in a single region over time to studying regional differentiation and interregional land spillover effects. The latter focuses on the construction of indicators and theoretical transmission pathways that affect land use efficiency. (3) Under environmental regulation, most studies on urban land use efficiency focus on government control, environmental negative effects output, and other measures as new standards for measuring green low-carbon development. However, there is limited literature that points out the role of green finance from the perspective of fiscal incentives and tax impacts. This direction of research is insufficient and deserves sustained attention.