The Macroeconomic Impact of Internet Finance

This paper investigates the macroeconomic impacts of Internet finance,highlighting its advantages and challenges.Internet finance,a fusion of Internet technology with traditional financial practices,introduces innovative models for global asset management,capital financing,payments,investments,and intermediary services.While it enhances the accessibility and efficiency of financial services,it also introduces new risks,such as higher credit default rates.This study explores how Internet finance contributes to financial inclusivity and macroeconomic growth yet poses potential threats to traditional financial stability.The dual aspects of Internet finance are analyzed:its application in existing processes and its capacity to generate novel business models.Furthermore,the paper proposes strategic responses to mitigate the negative impacts of Internet finance,mainly focusing on risk management and regulatory improvements to safeguard economic stability.

The Impact of Internet Finance and Diversified Financing Models on the Development of the Sports Industry

With the growth of the sports industry,the demand for financing has been increasing,while traditional financing channels are facing limitations.The emergence of Internet finance has provided new opportunities for the sports sector.This paper focuses on the diversified financing pathways for the sports industry,supported by internet finance,exploring its impact through theoretical analysis,constructing a regression model for empirical research,and conducting case analysis.The study finds that the development scale of Internet finance and the crowdfunding financing model significantly influence the income of the sports industry.Accordingly,the paper offers relevant policy and application suggestions,aiming to provide a reference for optimizing financing within the sports industry through Internet finance.

The transition from traditional banking to mobile internet finance:an organizational innovation perspective-a comparative study of Citibank and ICBC

The development of Financial Technology(FinTech)in areas such as mobile Internet,cloud computing,big data,search engines,and blockchain technology have significantly changed the financial industry.FinTech is expected to overturn the traditional banking business model,forcing banks to upgrade and transform.This study adopts a comparative case study method to contrast and analyze the Industrial and Commercial Bank of China(ICBC)and Citibank.It analyzes the strategies,organizations,HR systems,and product innovations adopted by these two banks in response to the impact of FinTech.This paper proposes an“electric vehicle”mode for ICBC and an“airplane mode”for Citibank.Further,it describes the difficulties encountered by the Chinese banking industry and proposes some feasible ways to upgrade.“Technology power”will become the core competitive concept for the financial institutions of the future.

Harnessing Internet finance with innovative cyber credit management

In the last two decades,Internet technologies,such as cloud computing,mobile communications,social media,and big data analytics,have brought tremendous changes to our society and reshaped the business in various industries.Specifically,the mushrooming innovations in the financial area fertilized by information and communication technologies indicates the advent of the Internet finance era.Applying the exploratory research approach,we investigate major innovative Internet-based financial services and classify them into five categories,as of e-commerce,e-payment,e-money market,online loan services,and digital currencies.Then we propose a market structure of Internet finance extended from the traditional financial market.We claim that credit management is the key issue in the marketplace of Internet finance,characterized by big data analytics,in which cyber credit appears as whole-process,multi-dimensional,and holographic.We further suggest that cyber credit be represented in the form of vector to overcome the limits of traditional single-value measure in cyber credit management.Based on this framework,we raise main research issues in Internet finance from the perspectives of theory,technology,and governance.

The Theory of Internet Finance

Internet based technologies, such as mobile payments, social networks, search engines and cloud computation, will lead to a paradigm shift in financial sector. Beside indirect financing via commercial banks and direct financing through security markets, a third way to conduct financial activities will emerge, which we call ＂internet finance＇＂ This paper presents a detailed analysis of payment, information processing and resource allocation under internet finance.

Journal Introduction:China Finance Review International

Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The China Finance Review International aims to publish quality empirical and theoretical works on important financial and economic issues in the profession.We encourage ground-breaking research related to new and niche areas in finance,such as Fintech and cryptos,ESG,climate finance,and socially responsible investments.We welcome critiques of existing literature and comparative analysis between emerging markets and developed economies.

The Exploration of Talent Cultivation in Software Engineering“ Internet Plus Finance”

With the rapid development of the Internet finance industry,society has put forward urgent needs for“Internet Plus finance”composite talents,and also put forward challenges to talent cultivation in colleges and universities.To cultivate the talents in the“Internet Plus finance”,the School of Information and Software Engineering of the University of Electronic Science and Technology of China(hereinafter“the School”)begins the 10 major measures,such as the construction of training programs,the construction of the curriculum system,the construction of the faculty team,and the construction of the practice base.Meanwhile,the School works together with banks,which have cooperated for a long time,to establish the talent cultivation system in the direction of“Internet Plus finance”in the software engineering major,solving the problem of interdisciplinary talent training in the field of software engineering and finance.

The Impact of Digital Finance on High-Quality Development of the Chengdu-Chongqing Economic Circle

This paper developed a comprehensive evaluation system that was able to quantify the levels of high-quality development across the cities within the Chengdu-Chongqing economic circle,and investigate the impact that digital finance had on the cities’high-quality development and the underlying mechanisms through which it achieved this.This comprehensive evaluation system was constructed using statistical data from these cities for the period 2014 to 2020 while also taking China’s high-quality development philosophy into account.The key findings revealed that:(a)Digital finance was able to significantly promote high-quality development in the Chengdu-Chongqing economic circle;(b)Digital finance had a significant positive effect in promoting innovative,coordinated,green,open,and shared development;(c)Digital finance was able to stimulate the high-quality development in the Chengdu-Chongqing economic circle by boosting entrepreneurial dynamism;(d)Digital finance had a significant impact on the high-quality development of the axis areas,while its impact was less discernible in non-axis areas.The insights from this research offer a deeper understanding of the factors that drive high-quality development,the role digital finance plays,and the mechanisms through which digital finance is able to propel high-quality development at the city cluster scale.

Synergistic dance of digital economy and green finance on carbon emissions:Insights from China

China has recently implemented a dual-carbon strategy to combat climate change and other environmental issues and is committed to modernizing it sustainably.This paper supports these goals and explores how the digital economy and green finance intersect and impact carbon emissions.Using panel data from 30 Chinese provinces over the period 2011-2021,this paper finds that the digital economy and green finance can together reduce carbon emissions,and conducts several robustness tests supporting this conclusion.A heterogeneity analysis shows that these synergistic effects are more important in regions with low levels of social consumption Meanwhile,in the spatial dimension,the synergistic effect of the local digital economy and green finance adversely impacts the level of carbon emissions in surrounding areas.The findings of this paper provide insights for policymakers in guiding capital flow and implementing carbon-reduction policies while fostering the growth of China’s digital economy and environmental sustainability.

Reduction effect of carbon emission and optimisation path of green finance

Under the background of"dual-carbon",green finance is an important way to promote carbon emission reduction and realize the development of a low-carbon economy.Using provincial panel data from 2000 to 2020,this paper constructs a basic regression model to study the"carbon reduction"effect,mechanism of action,and heterogeneity of green finance.The study finds that:the development of green finance significantly inhibits carbon emissions and has an obvious"carbon reduction"effect;green technology innovation has a mediating effect on the carbon emission reduction effect of green finance;in regions with a high level of economic development or a high degree of marketization,the"carbon reduction"effect of green finance is significant.

Value of big data to finance:observations on an internet credit Service Company in China

Background:his paper presents a case study on 100Credit,an Internet credit service provider in China.100Credit began as an IT company specializing in e-commerce recommendation before getting into the credit rating business.The company makes use of Big Data on multiple aspects of individuals’online activities to infer their potential credit risk.Methods:Based on 100Credit’s business practices,this paper summarizes four aspects related to the value of Big Data in Internet credit services.Results:1)value from large data volume that provides access to more borrowers;2)value from prediction correctness in reducing lenders’operational cost;3)value from the variety of services catering to different needs of lenders;and 4)value from information protection to sustain credit service businesses.Conclusion:The paper also discusses the opportunities and challenges of Big Databased credit risk analysis,which needs to be improved in future research and practice.

Does green finance drive high-quality economic development?-Based on empirical evidence from China

Green finance,as an important branch of modern finance,has far-reaching significance that is not limited to the financial sector.By promoting green investment and optimizing resource allocation,green finance plays a crucial role in reducing environmental pollution and carbon emissions.At the same time,it can also promote the quality of economic growth and achieve the harmonious development of economy,society and environment.Based on China's provincial panel data from 2008 to 2022,the direct impact and indirect transmission mechanism of green finance on high-quality economic development are analyzed by constructing a dynamic panel model and a mediation effect model.It is found that green finance not only directly promotes the high-quality development of the economy,but also indirectly promotes the sustainable and healthy growth of the economy through the transmission channel of technological innovation.This mediating effect of technological innovation is as high as 78.65%,which shows the close connection between green finance and high-quality economic development.In addition,the study also found that the direct promotion effect of green finance on high-quality economic development has significant regional heterogeneity.The results of this study suggest that when formulating relevant policies,it is necessary to fully consider the actual situation of each region and tailor them to the local conditions to ensure the in-depth promotion of green finance and the overall development of the economy.

Research on Financial Management of Internet Financial Enterprises Based on Big Data

In the context of the rapid development of big data technology,the financial management model of Internet financial enterprises is undergoing a profound transformation.This paper analyzes the key aspects of applying big data technology in Internet finance,including its basic concepts,characteristics,and current state of development in the field.It examines the current situation and primary challenges faced by financial management in Internet financial enterprises,such as risk management,cost control,and data integration.To address these challenges,optimization strategies based on big data are proposed,focusing on areas such as risk control and cost optimization.By constructing a financial data analysis model,this study provides an in-depth analysis of relevant data,demonstrating the role of big data technology in improving financial management.Finally,through a case study,the effectiveness of big data applications in financial management is verified,and future development directions are discussed.

Influence of Internet Finance on the Financing of Small and Medium-Sized Enterprises in China

Small and medium-sized enterprises greatly promote the economic progress and growth of national tax revenue as well as realize the escalation of career opportunities.However,as these enterprises are relatively small scale and have low capacity to face and resist risks in addition to China's flawed financial credit system,there are many difficulties faced by these enterprises in terms of financing to achieve their own development and progress.Recently,owing to the progress of internet information,especially the expansion of its application in the financial field,it has opened up a way for handling the financing difficulties faced by small and medium-sized enterprises.According to the specific financing situation of small and mediumsized enterprises in China,this study analyzes the impact of internet finance on the financing of small and medium-sized enterprises in China and formulates strategies to effectively deal with the financing difficulties of small and medium-sized enterprises in China,thus promoting the sustainable progress of small and medium-sized enterprises.

Research on the Coordinated Development of Inclusive Finance and Financing for Small and Medium-sized Enterprises

As an important force in promoting economic and social development,small and medium-sized enterprises play a crucial role in enhancing China’s economic strength,creating employment opportunities,and promoting industrial structural transformation.However,due to their inherent weaknesses,small and medium-sized enterprises often face difficulties in financing within the traditional financial service system.This makes it difficult for small and medium-sized enterprises to inject vitality into the development of the market economy by expanding their financing scale.Since 2013,China has vigorously developed inclusive finance and extended the services of traditional financial institutions to small and medium-sized enterprises,providing policy guidance,resource support,and technical support to alleviate the financing difficulties of small and medium-sized enterprises.Based on this,this article focuses on the current financing problems faced by small and medium-sized enterprises and specifically elaborates on how to lower the financing threshold for small and medium-sized enterprises and broaden their financing channels through inclusive finance,in order to promote the development of inclusive finance and a virtuous cycle of financing for small and medium-sized enterprises.

Analysis on Supervision of the Internet Finance: A Case Study of Yu Ebao

By taking the hottest topic Internet financial product—Yu Ebao as an example,an in-depth analysis is made on its innovation and comparative advantages in this paper. Based on this,combing and sorting out the current related disputes regarding Yu Ebao supervision,putting forward views with evidence,clear requirement is made upon the attitudes towards supervision over Yu Ebao viewing from commercial banks and supervision aspects.

Thoughts on Accelerating the Construction of First-Class Undergraduate Majors:Taking Finance as an Example

This article analyzes the path to constructing first-class undergraduate majors in finance,using the finance major as a case study.Through analysis,it aims to offer reference and inspiration for enhancing the quality of finance education in China and supporting the healthy development of the financial industry.The article begins by examining the current status of finance majors,followed by an analysis of the necessity for establishing first-class undergraduate programs.Finally,it provides a detailed exploration of the specific methods for building such programs in finance.The findings indicate that accelerating the construction of first-class undergraduate finance majors is a long-term and challenging task that requires the combined efforts of the government,universities,industry,and various social sectors.Through comprehensive and innovative reforms in areas such as training objectives and positioning,curriculum development,teaching teams,and practical instruction,the quality and level of finance education can be effectively elevated,thereby cultivating more high-caliber financial professionals who meet the demands of the times.

Current Situation of Digital Inclusive Finance in China

Inclusive finance is not only an innovation in financial service concepts but also an institutional arrangement to address the imbalance in social and economic development.Therefore,it is particularly necessary to study the current development status,development level,and challenges of inclusive finance and to conduct research on these issues.Overall,inclusive finance has demonstrated a positive momentum of development,but improvements are still needed in terms of market players,products and services,and the external ecosystem.China’s inclusive finance is still in its infancy,making it essential to accelerate its development and promote inclusive finance in the country.

An Analysis of Digital Finance in Promoting the Development of New Quality Productivity

As a product of the deep integration of financial technology and the digital economy,digital finance plays a significant role in promoting the development of new quality productivity.This paper first elaborates on the connotations of new quality productivity and digital finance and analyzes the mechanisms by which digital finance promotes the development of new quality productivity from both theoretical and practical perspectives.The aim is to explore the value digital finance brings to the development of new quality productivity,along with the challenges it faces,in order to propose corresponding policy recommendations.

Research on the Impact of Digital Finance on Energy Efficiency in China

Digital finance and green technology innovation(GTI)serve as powerful engines for promoting energy efficiency(EE)and economic development.This paper explores the mechanism by which digital finance impacts EE based on panel data from 30 provinces in China spanning from 2011 to 2019.The results demonstrate that digital finance can significantly enhance EE,with a particularly pronounced effect in the eastern region.Through mechanistic analysis,it is evident that GTI serves as the transmission pathway through which digital finance influences EE,accounting for 45.3%of the effect.The policy implication of this study suggests that China should expedite the digitization of financial markets to further harness the development of digital finance,particularly in pursuit of its technological innovation and green,lowcarbon environmental protection effects.