Financial Digitalization Risk Analysis and Countermeasures: The Case of China

Abstract

In the context of the accelerated digital transformation of global finance, the complexity of the financial system is increasing, and various risks are showing new characteristics. This study takes China as a case to deeply analyze the risks faced in the process of financial digitization, it includes cross-industry risk contagion and systemic vulnerability upgrading, international fintech asset shocks and market pricing distortions, digital risk concealment and regulatory adaptability lag. In view of these problems, this paper puts forward some countermeasures, such as constructing a penetrating joint defense and joint control system, establishing a three-dimensional cross-border defense system, and creating a new paradigm of intelligent supervision. The results show that these measures can effectively deal with the risks of financial digitalization, improve the efficiency of financial supervision, and ensure the stability of financial markets. This study provides a theoretical and practical reference for risk prevention and control in the development of financial digitalization in China and helps to promote the steady development of the financial industry.