The Exploration of Finance Contributing to High-Quality Regional Economic Development

-- A Case Study of Hubei, China

DOI

10.2991/978-94-6463-488-4_20How to use a DOI?

Keywords

Regional economic development; financial economy; regional finance

Abstract

Under the background of regional economic integration, the agglomeration effect of financial industry is increasingly obvious. Promoting the coordinated development of regional finance is of great significance to improving the quality of economic development. This report takes Hubei Province, China as an example, through the analyze of various financial data and economic indicators in recent years, combined with financial practice cases, the report explores how finance can better contribute to the high-quality development of regional economy from three aspects. It shows that in the current stage of regional economic development, financial institutions are facing several problems such as lack of vitality in credit approval, limited product types, and difficulties in providing continuous financial services. Based on this, a series of financial measures to contribute regional economic development has been listed, such as more government support, continuous upgrading of financial products, strengthening the spatial layout planning of business, etc.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jingyi Huang
PY  - 2024
DA  - 2024/08/29
TI  - The Exploration of Finance Contributing to High-Quality Regional Economic Development
BT  - Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
PB  - Atlantis Press
SP  - 180
EP  - 187
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-488-4_20
DO  - 10.2991/978-94-6463-488-4_20
ID  - Huang2024
ER  -