Research On The Impact Of Fintech On The Competitiveness Of Joint-stock Commercial Banks In China

With the implementation of the innovation-driven strategy,China's economy has shifted from stable growth to high growth to medium-high growth.China is now in a critical period of healthy development of the new normal economy.The report to the19 th National Congress of the Communist Party of China(CPC)said that the financial system should be "deepened to enhance the financial sector's ability to serve the real economy" and that "efforts should be made to accelerate the building of an industrial system featuring coordinated development of the real economy,scientific and technological innovation,modern finance and human resources." Scientific and technological innovation cannot be separated from the development of the financial industry,and the progress of science and technology will also promote the prosperity of the financial market.As Banks are also an important part of the financial industry,fintech is particularly important for its position in the market.In order to study the impact of fintech on the competitiveness of joint-stock commercial Banks,after comprehensive consideration,this paper will use ahP to establish the competitiveness evaluation index model of Joint-stock commercial Banks in China from the perspective of fintech.First from the financial,joint-stock commercial Banks,the competitiveness and efficiency of science and technology aspects elaborates the current research results,the shareholding commercial Banks in China's financial development and the status of science and technology have a preliminary understanding,after the introduction of commercial Banks competitive theory and competitive factors,and then to model,this article selects 12 share-holding commercial Banks from 2014 to 2018 to study the corresponding data,the application of analytic hierarchy process(ahp),divided into the traditional competitive science and technology competitiveness and financial indicators,App from non-interest income,bank activity,card number,the proportion of highly educated workers,relevant keywords library and measure financial technology innovation of science and technology,etc,to assign points 12 Banks competitiveness ranking and analysis,finally come to the conclusion that China merchants bank,citic bank and everbright bank three financial science and technology competitiveness is stronger,occupy the dominant position in the market,and how to improve the level of financial technology gives corresponding Suggestions for Banks.