Discussion on Yunnan Small and Micro Enterprises' Choice of Internet Financial Services
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DOI: 10.25236/iwass.2018.145
Corresponding Author
Rong Wu
Abstract
Yunnan small and micro enterprises are an important part of the local economy of our province and play an important foundation in absorbing employment and promoting economic development. The development of Yunnan under the “Belt and Road Initiative”has put forward higher requirements for small and micro enterprises, and its healthy and sustained growth needs to rely on Internet financial services. Internet finance is playing an increasingly important role in promoting the survival and development of small and micro enterprises with the characteristics of inclusiveness, speed and convenience. By combing the current situation of China's Internet financial services development, combined with the actual needs of Yunnan small and micro enterprises, this paper discusses the risks and adherences of small and micro enterprises in our province when choosing a variety of Internet financial services to achieve profitability. Draw on the advantages of promoting its own development and avoid the disadvantages.
Keywords
Yunnan Small and Micro Enterprises, Internet Financial Services, Transformation and Upgrading, Risk Control