Proceedings of the International Conference on Financial Innovation, FinTech and Information Technology, FFIT 2022, October 28-30, 2022, Shenzhen, China

Research Article

Coupling Coordination Degree Between Financial Ecological Environment and New Urbanization in Jiangsu Province with an Approach to AI Quantization

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  • @INPROCEEDINGS{10.4108/eai.28-10-2022.2328442,
        author={Bowen  Sun},
        title={Coupling Coordination Degree Between Financial Ecological Environment and New Urbanization in Jiangsu Province with an Approach to AI Quantization},
        proceedings={Proceedings of the International Conference on Financial Innovation, FinTech and Information Technology, FFIT 2022, October 28-30, 2022, Shenzhen, China},
        publisher={EAI},
        proceedings_a={FFIT},
        year={2023},
        month={4},
        keywords={component; jiangsu province; new urbanization; financial ecological environment; coupling coordination},
        doi={10.4108/eai.28-10-2022.2328442}
    }
    
  • Bowen Sun
    Year: 2023
    Coupling Coordination Degree Between Financial Ecological Environment and New Urbanization in Jiangsu Province with an Approach to AI Quantization
    FFIT
    EAI
    DOI: 10.4108/eai.28-10-2022.2328442
Bowen Sun1,*
  • 1: University of Sydney
*Contact email: bsun5554@uni.sydney.edu.au

Abstract

The coupling coordination of the financial ecological environment and new urbanization moves through the following stages. Firstly, new urbanization needs financial support to promote infrastructure construction. Traditional financial tools need to be innovated with new urbanization development to promote the new urbanization process. The two systems are being advanced through continuous promotion together. In 2014, Jiangsu Province was awarded a pilot for new urbanization in China by exploring standardized and innovative methods to develop new urbanization. This paper constructs index systems for Jiangsu Province's new urbanization and financial ecological environment and calculates the comprehensive index, coupling degree, coordination degree, and coupling coordination degree from 2011 to 2020. The results indicate that the coupling degree grew rapidly from 2011 to 2013 and fluctuated at a high level, while the coordination degree rose steadily. By the end of 2020, the coupling coordination degree reached a high-level stage.