A Case Study of "Red Financial Credit" in Seven Banks in Huzhou, China

Abstract

Red Financial Credit is an innovative credit product under the inclusive finance concept of "Party Construction+Financial Credit" model, which is a meaningful practice of the idea of "quality development driven by quality Party construction." Through an empirical study of the operation of Red Financial Credit in Huzhou City, Zhejiang Province, the team analyzes the advantages of Red Financial Credit and the problems that occur in the process of development. By combining the local situation and relevant theories, the team proposes targeted solutions that are conducive to the sustainable development of Red Financial Credit products and the leading role of Party construction in the financial field.