Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

The Impact of Financial Development on International Trade in China

Authors
Zhaoyu Zhou1, *
1Jilin University of Finance and Economics, Changchun, China
*Corresponding author. Email: zhouzhaoyu75@gmail.com
Corresponding Author
Zhaoyu Zhou
Available Online 15 May 2023.
DOI
10.2991/978-94-6463-142-5_18How to use a DOI?
Keywords
China; Financial development; International trade
Abstract

With the deep integration of the world economy resulting from globalization, finance and trade interact with each other and jointly affect the economic development of a country or region. However, there are few studies on the impact of financial development on international trade in China. This review investigates the effects of different aspects of financial development on international trade in China through three parts. Also, it analyzes the relevant data on financial growth over the past decade. After reviewing previous research, the author also puts forward some discussions based on the unique national conditions of China and an empirical analysis of time series data. It is found that moderate expansion of financial scale, the upgrading of financial structure, and the improvement of financial efficiency are beneficial to the development of China’s international trade. In addition, the government should minimize its intervention in financial growth.

Copyright
© 2023 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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Volume Title
Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
15 May 2023
ISBN
978-94-6463-142-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-142-5_18How to use a DOI?
Copyright
© 2023 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.

Cite this article

TY  - CONF
AU  - Zhaoyu Zhou
PY  - 2023
DA  - 2023/05/15
TI  - The Impact of Financial Development on International Trade in China
BT  - Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)
PB  - Atlantis Press
SP  - 164
EP  - 171
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-142-5_18
DO  - 10.2991/978-94-6463-142-5_18
ID  - Zhou2023
ER  -