Analyses of Sustainable Development of China’s Finance Based on Commercial Banks

DOI

10.2991/aebmr.k.220307.456How to use a DOI?

Keywords

sustainable development; commercial banking; sustainable finance; SMEs

Abstract

China’s economy has developed exceedingly fast over the years. However, behind the fast-growing economy, sustainable development seems lagging. To motivate further development in sustainable development, analysis of sustainable financing, in the scope of commercial banks, the credit providers of all the enterprise will be most effective. This paper will analyze China’s sustainable development and finance progress, investigate the current problem thesis, and provides suggestions in the scope of commercial banks, using the power matrix and impact value chain theory analysis. Challenges that sustainable developments in finance are attracting more sustainable experts to leverage their support to the banks’ operation, insufficient ranges of sustainable products, limited SMEs and the wider public engagement and insufficient strengths in sustainable financing unit comparing to international standard. These problems can be tackled by taking corresponding actions, such as implementing sustainable recruitment plan, actively cooperating and supporting with product development experts, establishing a fast track for green financing of small and medium-sized enterprises, and closely monitoring government reports, guidelines and reports, so as to obtain a higher market share and improve the influence of commercial banks and sustainable financing.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Tianqi Luo
PY  - 2022
DA  - 2022/03/26
TI  - Analyses of Sustainable Development of China’s Finance Based on Commercial Banks
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2805
EP  - 2810
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.456
DO  - 10.2991/aebmr.k.220307.456
ID  - Luo2022
ER  -