Fostering inclusive green growth in China: Identifying the impact of the regional integration strategy of Yangtze River Economic Belt.

Inclusive green growth has garnered significant attention from governments and international organizations worldwide. Utilizing data from 282 cities in China spanning from 2010 to 2020, this study employs the dual machine learning model and the chain mediated effect model to delve into the effects and internal mechanisms of the regional integration of Yangtze River Economic Belt on inclusive green growth. Our findings indicate that the regional integration of Yangtze River Economic Belt has a substantial influence on inclusive green growth, particularly in cities with a higher degree of marketization, non-industrial cities, and cities lacking natural resource advantages. Mechanistic analysis reveals that the regional integration of Yangtze River Economic Belt exerts its influence on inclusive green growth through three parallel development paths including enhancing urban innovation levels, fostering mass entrepreneurship, and promoting the advancement of digital financial inclusion. Furthermore, the chain mediated effect is supported. Additionally, the spatial spillover effect of target policy is observed. These findings offer empirical evidence regarding the impact of the regional integration of Yangtze River Economic Belt on inclusive green growth, and provide valuable insights for optimizing and enhancing inclusive green growth strategies in China and other emerging economies.

How does digitalization affect the green transformation of enterprises registered in China's resource-based cities? Further analysis on the mechanism and heterogeneity.

Digitalization, as a crucial engine for promoting sustainable development, has created new prospects for enterprise green transformation. Utilizing panel data from enterprises registered in China's resource-based cities from 2010 to 2021, this study innovatively examines the role of digitalization in promoting green transformation across two key performance dimensions. The findings indicate that enterprise digitalization significantly enhances the green innovation performance, while its impact on environmental performance, although positive, is not statistically significant. Overall, enterprise digitalization greatly facilitates green transformation. Moreover, mechanism analysis reveals that enterprise digitalization promotes green transformation through the alleviation of financial mismatch and the increase of external market attention. In addition, heterogeneity analysis shows that the effectiveness of enterprise digitalization in promoting green transformation is significantly different in different opportunist risk scenarios, proving more effective in areas with low-marketization, high-competition industries, and high environmental regulation intensity. In terms of the policy level, the National Big Data Comprehensive Pilot Zone (NBDCPZ) and the Carbon Emission Trading Policy (CETP) played a positive stimulating role in the process of enterprise digitalization affecting green transformation. This paper broadens the scope of research on green transformation, offers new development philosophy for enterprises in resource-based cities, and provides new directions for the synergistic development of digitalization and greenization.