Reasonably　allocating　the　micro　factor　investment　in　the　industry　and　trying　to　improve　the　energy　efficiency　are　very　important　for　the　green　development　of　industrial　economy　in　Hebei　Province,　so　as　to　the　achievement　of　its　double　carbon　target.　This　paper　takes　industrial　energy　consumption,　assets　and　labor　in　Hebei　Province　as　micro-input　elements.　Based　on　the　panel　data　of　34　industrial　industries　in　Hebei　Province　from　2005　to　2016,　we　identify　the　correlation　of　micro-input　factors　in　different　industries　and　conduct　Granger　causality　test.　The　study　shows　that:　(1)　About　half　of　the　industry＇s　combined　energy　consumption　is　correlated　with　the　number　of　employees　and　assets;　About　two-thirds　of　the　industry＇s　asset　workers　are　relevant;　(2)　There　is　a　two-way　causal　relationship　between　the　total　energy　consumption　and　assets　of　most　industries　and　the　annual　average　number　of　employees.　(3)　The　rational　allocation　of　capital,　labor　and　energy　consumption　depends　on　the　deepening　reform　of　the　factor　market.　The　high　energy　consumption　industry　should　actively　improve　and　innovate　the　energy　technology　in　this　process　to　realize　the　coordinated　promotion　of　energy　saving　and　carbon　reduction,　and　thus　to　promote　the　healthy　and　sustainable　development　of　the　industry　steadily.　©　2022　-　IOS　Press.　All　rights　reserved.