The Impact of Bank Credit and Technological Innovation on Economic Growth in Jiangsu Coastal Areas

Abstract

Jin, Y. and Shi, D., 2020. The impact of bank credit and technological innovation on economic growth in Jiangsu coastal areas. In: Bai, X. and Zhou, H. (eds.), Advances in Water Resources, Environmental Protection, and Sustainable Development. Journal of Coastal Research, Special Issue No. 115, pp. 35-38. Coconut Creek (Florida), ISSN 0749-0208.Regional innovation capability is the core and driving force of regional economic development, especially its key role in economic growth has been confirmed by many related research results. With the continuous progress of the society, the pace of economic and financial development has accelerated, the living standard of people has improved obviously, and the consumption demand is also strengthening. Only when the economy develops to a certain extent can financial development promote the improvement of the quality of economic growth. It is even more necessary to encourage innovation, protect innovation and help innovative talents to stand out in the social environment. Therefore, Jiangsu coastal areas should adopt a point-axis development model, further improve the financial structure, promote the integration of financial resources, and support the innovative and coordinated development of coastal areas in order to achieve the overall and coordinated development of Jiangsu economy.