Business, Management and Accounting
5 years ago

Social credit deficiency hindering Chinese finance innovation, urgent solutions needed.

Journal of Qingdao Vocational and Technical College
The Impact on the Innovation of State-owned Commercial Bank from the Deficiency in Social Credit and Some Suggestions
Yichen Li

Paper Summary

The article discusses how the lack of social credit in China is hindering the innovation of state-owned commercial banks. The researchers analyze how this deficiency is impacting financial innovation and provide suggestions on how to improve the social credit structure.

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