Under the background of this era, green finance and the upgrading and optimization of industrial structure have become a hot research topic. The article focuses on Jiangsu Province, carefully explores the impact of green financial development on the upgrading and optimization of industrial structure and the real effect, collates and summarizes the theories of green finance and industrial structure at home and abroad, and carefully analyzes the development of green finance in Jiangsu Province, such as the gradual expansion of green credit scale, the characteristics of industrial structure, the change of the proportion of three industries, the development situation of emerging industries and so on. By means of econometrics, an empirical model covering Green Financial Development Indicators and industrial structure optimization indicators is established to do multiple linear regression analysis and stability test. The empirical results show that the development of green finance in Jiangsu plays an obvious positive role in the optimization and upgrading of industrial structure. Green finance is environmental protection, new energy and other green industries are given important financial support, which drives their scale expansion and technological innovation, and makes the industrial structure develop towards a higher level and a more reasonable direction. From this point of view, corresponding proposals are put forward to improve the policy incentive system, add green financial products, and strengthen the construction of green financial market. The purpose is to give better play to the advantages of green finance, accelerate the optimization and upgrading of industrial structure in Jiangsu, and provide theoretical basis and practical guidance for achieving green economic transformation and sustainable development.
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