Research on Policy Coordination of Industrial Green Transformation under the "Dual Carbon" Target: Interaction between Fiscal, Financial and Industrial Policies

DOI: https://doi.org/10.62517/jmsd.202512412

Author(s)

Yirui Cui

Affiliation(s)

Northeastern University, 360 Huntington Ave, Boston, MA 02115, USA

Abstract

This study systematically examines the interaction mechanisms among fiscal, financial, and industrial policies in addressing industrial green transformation under the "dual carbon" goals. By constructing a "goal-instrument-effect" theoretical framework, it reveals the complementary yet potentially conflicting roles of these three policy categories in resource allocation, risk sharing, and market incentives. The research proposes cross-departmental institutional optimization pathways for effective policy coordination. Effective policy synergy requires dynamic boundary conditions: leveraging fiscal levers to mobilize financial capital, guiding technological pathways through industrial policies, and establishing feedback regulation systems via carbon markets and digital governance. China needs to develop flexible policy instruments and long-term coordination mechanisms to balance government intervention with market autonomy, thereby creating a transformational governance model that achieves both efficiency and equity.

Keywords

Dual Carbon Target; Policy Coordination; Green Transformation; Financial Interaction; System Innovation

References

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