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Regional Development of China’s Inclusive Finance Through Financial Technology

Author

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  • Md. Morshadul Hasan
  • Lu Yajuan
  • Appel Mahmud

Abstract

Financial technology, commonly used the term as FinTech, is a key emerging driver of inclusive finance. This is also one of the emerging issues of finance as well as financial research. This research is done with the purpose of showing the present status of China’s FinTech in inclusive finance development. In addition, the study raises regional disparity and critical issues related to the inclusive development. A secondary data analysis methods are systematically carried out to demonstrate the present situation of internet finance in the development of inclusive finance in China, as well as the developing status of different provinces through internet finance. The ultimate finding of this research is that, despite significant development in China’s financial system, there is still a development inequality between the most and least developed regions. This study also identifies some important issues that should be taken care of by the policy makers. This research is done from authentic data also sources with appropriate explanations, which help the readers, academicians, researchers, and others to get comprehensive understanding of China’s FinTech and its influence on inclusive development.

Suggested Citation

  • Md. Morshadul Hasan & Lu Yajuan & Appel Mahmud, 2020. "Regional Development of China’s Inclusive Finance Through Financial Technology," SAGE Open, , vol. 10(1), pages 21582440199, February.
    • Handle: RePEc:sae:sagope:v:10:y:2020:i:1:p:2158244019901252
    DOI: 10.1177/2158244019901252
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    References listed on IDEAS

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    4. Zhang, Jiaping & Zhang, Huirong & Gong, Xiaomei, 2022. "Mobile payment and rural household consumption: Evidence from China," Telecommunications Policy, Elsevier, vol. 46(3).
    5. Yasheng Chen & Mohammad Islam Biswas, 2021. "Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19," Sustainability, MDPI, vol. 13(22), pages 1-17, November.
    6. Owusu-Agyei, Samuel & Okafor, Godwin & Chijoke-Mgbame, Aruoriwo Marian & Ohalehi, Paschal & Hasan, Fakhrul, 2020. "Internet adoption and financial development in sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 161(C).

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