The Influence of Covid-19 on the Development of Financial Industry Based on Statistic Analysis

DOI

10.2991/aebmr.k.210917.077How to use a DOI?

Keywords

Covid-19, Development of Financial Industry

Abstract

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.

Copyright

© 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/).

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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  -