Influence of digital finance on export green-sophistication.

The export green-sophistication (EGS) is not only an important engine for the high-quality development of China's economy but also the external embodiment of the core international competitiveness and the key to resisting external competition and realizing the upgrade of the value chain. Using the database of China's digital finance development, China's A-share listed enterprises, and the China Customs database, we test the relationship between digital finance (DF) and the EGS of enterprises. It shows that DF significantly promotes listed enterprises' EGS, and compared to the depth of use of DF and digitization degree of DF, the promotion effect of coverage breadth of DF is the most significant.