Author(s)

Pingan Sun

Corresponding Author

Pingan Sun

ABSTRACT

The arrival of knowledge economy has a profound impact on China's financial industry, which not only brings new development opportunities, but also urges the financial industry to face new challenges. Under the development trend of financial globalization and service modernization, only by attaching importance to the development of financial technology and formulating corresponding financial innovation countermeasures can financial institutions provide more diversified financial services for the development of China's knowledge economy. This paper analyses the concept and characteristics of the knowledge economy, elaborates the relationship between the knowledge economy and financial institutions as well as proposes countermeasures for financial institution innovation in the context of the knowledge economy for reference.

KEYWORDS

Knowledge economy, Financial institutions, Financial innovation