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Academic Journal of Business & Management, 2023, 5(21); doi: 10.25236/AJBM.2023.052105.

The Impact of Financial Services on Import and Export Trade of the High-tech Industries in China

Author(s)

Xu Yan

Corresponding Author:
Xu Yan
Affiliation(s)

School of Applied Foreign Languages, Zhejiang Yuexiu University, Shaoxing, Zhejiang, China

Abstract

This paper studies the impact of financial services on the import and export of high-tech industries. By replacing the financial services with financial structures, it studies the impact on the import and export trade of high-tech industries from two perspectives of direct financing and indirect financing. The Stata software is applied to the regression analysis and robustness check to obtain the relationship between the financial services and the import and export of high-tech industries. The results of regression analysis suggest that the indirect financing promotes the import and export of high-tech industries, while the direct financing has an inhibitory effect on the import and export trade of high-tech industries.

Keywords

Financial services; High-tech; Import and export trade

Cite This Paper

Xu Yan. The Impact of Financial Services on Import and Export Trade of the High-tech Industries in China. Academic Journal of Business & Management (2023) Vol. 5, Issue 21: 35-41. https://doi.org/10.25236/AJBM.2023.052105.

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