A Study of Commercial Sustainability in China’s Inclusive Financial System-A Comparative Analysis Based on International Experience

DOI

10.2991/meess-18.2018.45How to use a DOI?

Keywords

Inclusive finance; commercial sustainability; international experience.

Abstract

“Inclusive finance” has drawn increasing attention among the international community since its conception emerged. Although China has made remarkable achievements in establishing an inclusive financial system, it is still confronted with many problems. This paper first conducts deep research into the substance of commercial sustainability in inclusive finance, then analyzes the problems it faces, and finally presents possible proposals by drawing lessons from successful cases in the international community and taking into account China’s realities. Specifically, the Graeme Bank’s success demonstrates that we can reform the credit system and establish a “five-member” leading group to reduce the default risks; learn from Wells Fargo of the America to reduce information asymmetry by use of big data and the quantitative analysis model and Brazil’s correspondent banking system provides experience in expanding service at lower operation costs by developing and improving correspondent financial institutions. Research results from this paper serve to assist the government in directly and properly tackling the current issues faced by commercial sustainability in our inclusive financial system and to promote its long-term, stable development.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Xiang Li
PY  - 2018/08
DA  - 2018/08
TI  - A Study of Commercial Sustainability in China’s Inclusive Financial System-A Comparative Analysis Based on International Experience
BT  - Proceedings of the 2018 International Conference on Management, Economics, Education and Social Sciences (MEESS 2018)
PB  - Atlantis Press
SP  - 239
EP  - 247
SN  - 2352-5398
UR  - https://doi.org/10.2991/meess-18.2018.45
DO  - 10.2991/meess-18.2018.45
ID  - Li2018/08
ER  -