Topic Analysis of the Relationship between Green Finance, Rural Green Development Level and Rural Residents' income: Based on The Empirical Study of Chengdu-Chongqing Economic Circle

The objective of this study is to enhance the understanding of the role that green finance plays in fostering green development in rural areas and its impact on increasing the income of rural residents. Utilizing empirical data from 16 cities within the Chengdu-Chongqing economic circle, this paper examines the interrelations between green finance, the level of green development in rural areas, and the income of rural inhabitants. The findings indicate that green finance significantly influences the growth of rural income, yet its effects vary across different sources of income. Specifically, the impact of green finance on the growth of operational income is the most pronounced, followed by its influence on transfer and wage incomes, with the effect on property income being the least significant. Analysis of the intermediary effects reveals that the overall green development level of urban areas does not adequately represent that of rural regions, and the intermediary role is not pronounced. In light of these findings, it is recommended that the public sector should advocate for and bolster the development of rural green finance, balancing economic growth with environmental conservation to ensure that rural residents can reap the benefits of green development.