Impact of the Digital Economy on the Green Transformation of China's Manufacturing Industry

Based on the panel data of 29 provinces and cities in China from 2013 to 2020, the mediating effect model and the moderating effect model are used to empirically analyze the transmission role of technological innovation and industrial structure optimization in the digital economy influencing the green transformation of manufacturing industry, and the moderating role of environmental regulation in the digital economy promoting the green transformation of the manufacturing industry. The results of the empirical study show that the digital economy promotes the green transformation of the manufacturing industry through technological innovation and industrial structure optimization. On the other hand, the intensity of environmental regulation has a significant negative moderating effect on the green transformation of the manufacturing industry promoted by the digital economy.