Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

Promoting Common Prosperity through Digital Finance: Analysis based on the Zhejiang's Common Prosperity Demonstration Zone

Authors
Qinyi Yu1, *, Jiale Chen1
1School of Finance, Zhejiang Gongshang University, Hangzhou, China
*Corresponding author. Email: 2006070136@pop.zjgsu.edu.cn Email: 2006070144@pop.zjgsu.edu.cn
Corresponding Author
Qinyi Yu
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-298-9_3How to use a DOI?
Keywords
Digital Finance; Common Prosperity; Factor Analysis; Logistic Regression; Improvement Recommendations
Abstract

This article explores the role of digital finance in promoting common prosperity, using Zhejiang Province as a case study. Through factor analysis and logistic regression studies on the data, it is found that improving the convenience of daily life significantly influences residents' satisfaction with common prosperity policies. Moreover, addressing the issues of residents' mistrust and lack of financial knowledge and policy understanding, recommendations are provided for the government, communities, and residents. This research provides empirical analysis and policy recommendations for leveraging digital finance to promote common prosperity.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
10.2991/978-94-6463-298-9_3
ISSN
2352-5428
DOI
10.2991/978-94-6463-298-9_3How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Qinyi Yu
AU  - Jiale Chen
PY  - 2023
DA  - 2023/11/30
TI  - Promoting Common Prosperity through Digital Finance: Analysis based on the Zhejiang's Common Prosperity Demonstration Zone
BT  - Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
PB  - Atlantis Press
SP  - 14
EP  - 20
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-298-9_3
DO  - 10.2991/978-94-6463-298-9_3
ID  - Yu2023
ER  -