Faced with various crises caused by human activity, our civilization desperately needs solutions to achieve sustainable development. As a result, the green financial system has just taken root in China to respond to the climate emergency that hangs over the whole world in general and China in particular, due to its rapid industrial and urban development. This research is exploratory and analytical. The tenacity of this broadsheet is to sightsee the recent nature of the green financial system, its development, the constraints related to its growth, and its future direction for green economic development. First, research mentions the existing literature and then shows that since its implementation, Chinese green finance, through its offshoots, has rapidly gained momentum among public and private investors; despite this rise, there is a lack of development of green bonds and green insurance and an even greater lack of innovation in other types of products. Secondly, this work indicates the significant contribution that the provision of green bond products makes to a country's economic growth and CO2 reduction. Finally, the study shows that despite the tireless efforts the Chinese government has put into greening the economic system, much remains to be done to respond favorably to the objectives of the sustainable expansion of green funding. For example, with the formation of an incorporated green economic system, much more remains to be done with respect to the responsibility of companies and other actors to disclose green financial information, and also in the creation of incentives to promote green consumption.