The Impact of New Quality Productive Forces on Carbon Emissions in Manufacturing Enterprises

The article innovatively explores new quality productive forces, focusing on their core role in driving carbon emissions. It investigates new quality productive forces' mechanisms and development pathways within the new economic environment. The paper delves deeper into the intrinsic connections between new quality productive forces and carbon emissions than existing research. Firstly, the paper investigates the impact and transmission mechanisms of China's new quality productive forces on green development. It calculates the carbon emissions of 2,364 manufacturing companies listed on the Shanghai and Shenzhen stock exchanges from 2011 to 2021. The study's empirical findings indicate that new quality productive forces promote carbon emissions reduction for publicly listed companies in the manufacturing sector. Lastly, the regression formula includes the number of patents listed companies hold. It is to consider the relationship between new quality productive forces and carbon emissions.