Research Article
Research on the Impact of Regional Financial Technology Development on Import and Export Trade
@INPROCEEDINGS{10.4108/eai.26-5-2023.2334480, author={Heping Zheng and Pinyuan Lyu and Ruyi Zhao and Boya Zhang and Qianfeng Zheng and Xinglei Li and Lijing Qiu}, title={Research on the Impact of Regional Financial Technology Development on Import and Export Trade}, proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China}, publisher={EAI}, proceedings_a={MSEA}, year={2023}, month={7}, keywords={regional development; financial technology; import and export trade; entropy method}, doi={10.4108/eai.26-5-2023.2334480} }- Heping Zheng
Pinyuan Lyu
Ruyi Zhao
Boya Zhang
Qianfeng Zheng
Xinglei Li
Lijing Qiu
Year: 2023
Research on the Impact of Regional Financial Technology Development on Import and Export Trade
MSEA
EAI
DOI: 10.4108/eai.26-5-2023.2334480
Abstract
The global economic development showed a downward trend due to the impact of the COVID-19 pandemic, and to promote economic recovery, countries around the world have begun to digitize their trade and adopt financial technology. This research focuses on the impact of financial technology on import and export trade, using a regional financial development evaluation system constructed from data covering the period from 2011 to 2020 for 31 provinces, autonomous regions, and municipalities in China. The regional financial technology development index is calculated using the entropy method. The empirical results demonstrate that regional financial technology development can positively promote international trade by improving convenience, financing efficiency, security, and data analysis and prediction capabilities. This research provides a reference for policymakers to promote regional financial technology development and improve the efficiency and competitiveness of import and export trade.
