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.
Cite this article
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 -