China’s economy has grown by leaps and bounds since its reform and opening up, especially since it entered the 21st century. However, although China’s total economic volume has jumped to the second place in the world, its per capita economic growth rate is far behind that of developed countries. In recent years, modern information technology, represented by the Internet, has been developing rapidly, and Big Data (BD) technology has received widespread attention. Under the guidance of the “Big Data” concept, China’s economic and financial management system is also undergoing some changes. In the context of global economic integration, China’s economic and financial system has also been presented with new opportunities for development. In response, the Chinese government has made timely macroeconomic adjustments and optimized the allocation of resources in order to maintain the momentum of economic growth. This article first provided a detailed definition and introduction of BD and economic and financial management. Through experimental analysis, data association technology was used to analyze the association rules between stocks (the support rate for stocks with code 002137.XSHE and code 002558.XSHE was 52.3%), proving that BD technology could build a financial management system.

Xi Li. Construction of an Economic and Financial Management System Based on the Concept of Big Data. Academic Journal of Business & Management (2023) Vol. 5, Issue 14: 88-95. https://doi.org/10.25236/AJBM.2023.051416.

[1] Wang L, Gao X. Construction of Cross-Border e-Commerce Financial Risk Analysis System Based on Support Vector Machine. Journal of Industrial Integration and Management, 2023, 08(01):25-38.

[2] Al-Dmour A, Al-Dmour R, Rababeh N. The impact of knowledge management practice on digital financial innovation: the role of bank managers. VINE Journal of Information and Knowledge Management Systems, 2021, 51(3):492-514.

[3] Reshetnyk N, Nasikan N, Klymenko O. Strategic Financial Management in the Activities of Corporations. Financial and Credit Activity Problems of Theory and Practice, 2021, 2(37):134-141.

[4] Tang J, Li C, Fu Y. The Borderless Integration of Financial Management Innovation Using Big Data Analysis of Social Media. Wireless Communications and Mobile Computing, 2022, 2022(8):1-10.

[5] Kim H N. Korean National Health and Nutrition Examination Survey: High-Quality Healthcare Big Data. Korean Journal of Family Practice, 2020, 10(6):399-400.

[6] Milioglou I, Ahuja S P, Stehouwer N R. Thrombocytopenia and Anemia among Patients with Cerebral Palsy: A Big-Data Analysis. Blood, 2020, 136(Supplement 1):30-31.

[7] Deng T. Reflections on the Construction of the Internal Financial Control System of Group Company Subsidiaries under the Financial Centralized Management System. Journal of Financial Risk Management, 2020, 09(3):268-277.

[8] Subrahmanyam A. Big Data in Finance: Evidence and Challenges. Borsa Istanbul Review, 2019, 19( 4):283-287.

[9] Balios D. The Impact of Big Data on Accounting and Auditing. International Journal of Corporate Finance and Accounting, 2021, 8(1):1-14.

[10] Li M, Song H, Yu K. Big data analytics in digital platforms: how do financial service providers customise supply chain finance? International Journal of Operations & Production Management, 2021, 41(4):410-435.

[11] Owen R, Bhaird C, Hussain J. Blockchain and other innovations in entrepreneurial finance: Implications for future policy. Strategic Change, 2019, 28(1):5-8.

[12] Sherquzieva I. The Role of Dividend Policy in the Financial Management System of Joint-Stock Companies. International Finance and Accounting, 2019, 2019(3):22-22.

[13] Yan X. Research on the action mechanism of circular economy development and green finance based on entropy method and big data. Journal of Enterprise Information Management, 2022, 35(4/5):988-1010.

[14] Giebe C, Zwerenz D, Hammerstrm L. Big Data & Analytics as a sustainable Customer Loyalty Instrument in Banking and Finance. Journal of Emerging Market Finance, 2019, 3(4):74-88.

[15] Anjum S, Qaseem N. Big Data Algorithms and Prediction: Bingos and Risky Zones in Sharia Stock Market Index. Journal of Islamic Monetary Economics and Finance, 2019, 5(3):475-490.

[16] Guermond V. Marketisation as financialisation in the making? The construction of remittance markets in Senegal. Geoforum, 2020, 117(3):234-245.

[17] Dattatreya V. An Integrated Approach for Re-Engineering High Quality Financial Management Systems. Journal of Advanced Research in Dynamical and Control Systems, 2020, 12(SP8):370-381.

[18] Organ J, Stapleton L. A socio-technical systems framework for risk management in financial services: Some empirical evidence from a case study of the Irish Banking Crisis. IFAC-PapersOnLine, 2019, 52( 25):148-153.

[19] Alnassar W I. Economic Analysis of the Financial Literacy Effects in G20. Industrial Engineering & Management Systems, 2020, 19(3):543-550.

[20] Gudz O Y, Stetsiuk P A. Conceptual Principles for the Funding Of Financial Resource Management Systems of Enterprises. Financial and Credit Activity Problems of Theory and Practice, 2020, 1(32):330-340.