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Academic Journal of Business & Management, 2023, 5(8); doi: 10.25236/AJBM.2023.050815.

The Development of Digital Financial Inclusion in China

Author(s)

Anni Hu, Qingqing Zhang, Jianan Sui, Yongkang Zhang, Chen Yang

Corresponding Author:
Anni Hu
Affiliation(s)

Shandong University of Science and Technology, Jinan, 250031, China

Abstract

"The development of China's digital financial inclusion" is an important research field that has attracted much attention in recent years. Digital financial inclusion refers to the use of emerging technologies such as the Internet, big data, and artificial intelligence to provide the general public with more convenient, efficient, and low-cost financial services. Digital financial inclusion has become an important means to promote financial inclusion. In recent years, the development of my country's digital financial inclusion has achieved world-renowned achievements. However, there are still many issues and challenges to be resolved. For example, information asymmetry, difficulty in risk control, and imperfect regulatory policies are still the main obstacles to the development of digital financial inclusion. This article will discuss the background, development, problems and challenges, and future development directions of China's digital financial inclusion, aiming to give readers a comprehensive understanding of the development status and future trends of China's digital financial inclusion.

Keywords

Digital Financial Inclusion, Financial Services, Internet Banking

Cite This Paper

Anni Hu, Qingqing Zhang, Jianan Sui, Yongkang Zhang, Chen Yang. The Development of Digital Financial Inclusion in China. Academic Journal of Business & Management (2023) Vol. 5, Issue 8: 87-91. https://doi.org/10.25236/AJBM.2023.050815.

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