The Impact of Financial Development on International Trade in China
- 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.
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 -