The current pandemic has increased natural resource volatility and unpredictability, impacting every economic and financial sector. Health problems and financial losses worsen the situation and push countries dangerously close to recession. This research examines the effects of natural resource rents on China's financial growth from 1988 to 2021, including the effects of oil, mineral, and forest rents. The study also covered other financial growth aspects, such as spending on R&D and renewable energy. So, in order to review our data, we also incorporated conventional and second-generation diag...