Financial and Economic Risk Prevention and Countermeasures Based on Big Data and Internet of Things
0
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
Given the further promotion of economic globalization, China's financial market has also expanded. However,at present, this market faces substantial risks. The main financial and economic risks in China are in the areasof policy, credit, exchange rates, accounting, and interest rates. The current status of China's financial marketis as follows: insufficient attention from upper management; insufficient innovation in the development of thefinancial economy; and lack of a sound financial and economic risk protection system. To further understandthe current situation of China's financial market, we conducted a questionnaire survey on the financial marketand reached the following conclusions. A comprehensive enterprise questionnaire from the government'sperspective, the enterprise's perspective and the individual's perspective showed that the following problemsexist in the financial and economic risk prevention aspects of big data and Internet of Things in China. Thepolitical system at the country’s grassroots level is not comprehensive enough. The legal regulatory system isnot comprehensive enough, leading to serious incidents of loan fraud. The top management of enterprises doesnot pay enough attention to financial risk prevention. Therefore, we constructed a financial and economic riskprevention model based on big data and Internet of Things that has effective preventive capabilities for bothenterprises and individuals. The concept reflected in the model is to obtain data through Internet of Things, usebig data for screening, and then pass these data to the big data analysis system at the grassroots level for analysis. The data initially screened as big data are analyzed in depth, and we obtain the original data that can be used tomake decisions. Finally, we put forward the corresponding opinions, and their main contents represent thefollowing points: the key is to build a sound national financial and economic risk prevention and assessmentsystem, the guarantee is to strengthen the supervision of national financial risks, and the purpose is to promotethe marketization of financial interest rates.
Abstract
Given the further promotion of economic globalization, China's financial market has also expanded. However,at present, this market faces substantial risks. The main financial and economic risks in China are in the areasof policy, credit, exchange rates, accounting, and interest rates. The current status of China's financial marketis as follows: insufficient attention from upper management; insufficient innovation in the development of thefinancial economy; and lack of a sound financial and economic risk protection system. To further understandthe current situation of China's financial market, we conducted a questionnaire survey on the financial marketand reached the following conclusions. A comprehensive enterprise questionnaire from the government'sperspective, the enterprise's perspective and the individual's perspective showed that the following problemsexist in the financial and economic risk prevention aspects of big data and Internet of Things in China. Thepolitical system at the country’s grassroots level is not comprehensive enough. The legal regulatory system isnot comprehensive enough, leading to serious incidents of loan fraud. The top management of enterprises doesnot pay enough attention to financial risk prevention. Therefore, we constructed a financial and economic riskprevention model based on big data and Internet of Things that has effective preventive capabilities for bothenterprises and individuals. The concept reflected in the model is to obtain data through Internet of Things, usebig data for screening, and then pass these data to the big data analysis system at the grassroots level for analysis. The data initially screened as big data are analyzed in depth, and we obtain the original data that can be used tomake decisions. Finally, we put forward the corresponding opinions, and their main contents represent thefollowing points: the key is to build a sound national financial and economic risk prevention and assessmentsystem, the guarantee is to strengthen the supervision of national financial risks, and the purpose is to promotethe marketization of financial interest rates.
참고문헌 (18)
- Y. T. Wang, "Do interest rate liberalization and financial technology development reduce commercial bank risks?", Exploration of Financial Theory, 2021(2), pp.29~40 (2021)
- X. J. Di, "The impact of negative interest rate policy on the economic system of financial market and its revelation", Shanxi Agricultural Economy, 2021(2), pp.176~177 (2021)
- H. F. Jiang, "Research on financial market structure and the efficiency of monetary policy interest rate transmission", Shanghai Finance, 2020(10), pp.49~57 (2020)
- X. Y. Wang, "Explain and analyze financial interest rate equilibrium and related issues based on mathematical models", Business Economy, 2020(9), pp.187~188 (2020)
- Y. T. Zou, "Research on the risk spillover effect of internet finance on commercial banks", Ph. D., pp.2020
- Y. L. Shang, "Discussion on the segment design of benchmark interest rate curve in my country's financial market", International Public Relations, 2020(3), pp.254~254 (2020)[DOI]
- H. F. Zhang, "Research on the market-oriented reform of financial interest rates under the new economic normal", China Journal of Commerce, 2020(3), pp.45~46 (2020)[DOI]
- H. C. Liu, "Research on loan interest rate pricing of rural small and medium-sized financial institutions based on credit risk assessment", Ph. D., pp.2019
- F. Y. Zhu, "The impact of interest rate marketization on the risk of China's financial institutions", Ph. D., pp.2019
- A. Tan, "The impact of financial institutions' interest rate pricing mechanism on small and micro enterprise financing and its countermeasures", Rural Finance Research, 2019(10), pp.76~79 (2019)
- Q. H. Li, "Can Internet finance and commercial banks achieve mutual benefit and symbiosis? Based on the perspective of interest rate linkage and systemic risk", Commercial Research, 2019(8), pp.73~80 (2019)
- J. Y. Hu, "The mechanism and implementation effect of monetary policy on Internet financial lending rates : taking P2P as an example", Shandong Social Sciences, 2019(6), pp.68~75 (2019)
- P. Su, "Judicial intervention in financial supervision and its power boundaries : taking financial loan interest rate regulations as an example", Journal of Shanghai University of Finance and Economics, 21(3), pp.122~135 (2019)[DOI]
- J. Q. Liu, "Research on financial frictions and monetary policy effectiveness in the process of interest rate marketization", Jilin University Journal Social Sciences Edition, 59(3), pp.6~17 (2019)[DOI]
- Z. D. Luo, "Asset-liability management of rural cooperative financial institutions under the background of interest rate liberalization : evolutionary characteristics, reform resistance and policy recommendations", Financial Development Review, 2018(5), pp.85~95 (2018)
- Y. Zhang, "Research on the competition of internet finance and its impact on interest rate and risk", Ph. D., pp.2018
- L. Y. Zhang, "An empirical study on the impact of Internet financial information advantages on interbank market interest rates : based on the analysis of commercial bank business decisions", Collected Essays on Finance and Economics, 34(2), pp.47~57 (2018)
- Y. Song, "The impact of interest rate marketization on China's financial operation from international experience", China International Finance and Economics (in English and Chinese), 2018(3), pp.229~ (2018)