Open AccessResearch on Sustainability of Supply Chain Financial Model in Fujian Free Trade Zone
Author(s) -
Wei Liu,
Qianqian Song
Publication year - 2019
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/295/3/032029
Subject(s) - supply chain , business , finance , intermediary , free trade zone , trade finance , economic shortage , supply chain management , china , industrial organization , economics , marketing , public finance , linguistics , philosophy , government (linguistics) , political science , law , macroeconomics
Supply chain finance combines logistics, information flow and capital flow, which can effectively solve the shortage of funds and reduce the cost of the entire supply chain. Based on the development background of Fujian province’s free trade zone and supply chain finance, this paper analyzes the current situation of SME financing in China and Fujian province, and focuses on the insufficient industrial chain of supply chain finance in Fujian Free Trade Zone. Supply chain financial intermediaries are unbalanced development, inadequate laws and regulations, and relatively weak technology. The paper proposes a comprehensive model of supply chain financing based on free trade zone, carries out QFLP financing for the real economy, develops supply chain financial services for shipping centers, and encourages intermediaries to develop supply chain financial services, improve credit system and legal system, and utilize blockchain technology to improve the informationization degree of supply chain finance and other proposals, promote the rapid development of supply chain finance in Fujian Free Trade Zone, and solve the financing difficulties of SMEs.