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SWOT-based Analysis of Digital Inclusive Finance in Guangdong Province

In: Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

Author

Listed:
  • Tianyao Han

    (Nanshan Affiliated School of Beijing Normal University)

Abstract

Digital financial inclusion has been added as part of China's financial structure with the goal of developing China's modern financial system. Guangdong Province is also responding positively to the healthy development of digital financial inclusion based on China's Internet development goals. This paper selects the 2011–2020 digital inclusive finance index of Guangdong Province and conducts a SWOT analysis to explore the advantages, disadvantages, opportunities, and challenges of the development of digital inclusive finance in Guangdong. It is found that Guangdong Province has a good economic foundation and policy advantages in the development of digital inclusive finance, but there are problems such as obvious regional development differences and insufficient credit supervision measures. Based on this, the article puts forward corresponding countermeasures, such as reducing regional development differences, popularizing the concept of credit in the new era, strengthening information supervision, and so on, in order to provide suggestions for the development of digital inclusive finance in Guangdong Province.

Suggested Citation

  • Tianyao Han, 2023. "SWOT-based Analysis of Digital Inclusive Finance in Guangdong Province," Advances in Economics, Business and Management Research, in: Amalendu Bhunia & Rubi Binti Ahmad & Yifeng Zhu (ed.), Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023), pages 227-233, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-298-9_25
    DOI: 10.2991/978-94-6463-298-9_25
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