The Influence of Covid-19 on the Development of Financial Industry Based on Statistic Analysis
- 10.2991/aebmr.k.210917.077How to use a DOI?
- Covid-19, Development of Financial Industry
This paper investigated the impact of the COVID-19 on the Chinese financial industry, which has not been thoroughly researched. This paper analyzed data from three main specific departments in the financial industry, including banking, insurance, and securities. At the same time, some comparisons between the situations before and after the outbreak of the pandemic are shown to give a general understanding of what exactly happened as evidence to support this study. However, after studying these data, although it was found that the situation in China and the world is basically the same, the difference still exists in some internal forms, just like for the banking industry, the general situation of the whole industry keeps in a good trend. Still, now consumers commonly decide to use online banks due to the pandemic. It is predicted that the most situations which are happening now will be kept for many years by changing people’s opinions. In application, this is a study focused on the impact on our daily lives, and it is a reference to those investors and researchers on financial analysis.
- © 2021, 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/).
Cite this article
TY - CONF AU - Hengyuan Zhang PY - 2021 DA - 2021/09/18 TI - The Influence of Covid-19 on the Development of Financial Industry Based on Statistic Analysis BT - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021) PB - Atlantis Press SP - 509 EP - 518 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210917.077 DO - 10.2991/aebmr.k.210917.077 ID - Zhang2021 ER -