The Impact of Internet Finance on the Real Economy

Abstract

Due to the improvement of information technology, the emergence of 5G network, and the rapid development of global informatization, the Internet economy, as an emerging force, has developed rapidly, and gradually formed a network economy and society with Internet as the center. By April 2023, the number of Internet users worldwide has reached 8.5 billion. In this case, more and more people advocate Internet finance, the real economy has been affected to a certain extent. The real economy is the source and cornerstone of social development, marking the economic development level of a country or region. How to improve the growth of the real economy has been the focus of the municipal government. Therefore, the purpose of this study is to explore the impact of Internet finance on the real economy, find out the reasons for the slow development of the real economy, and explore how to use Internet finance to promote the development of the real economy. By using iterature review and some data from the Internet, this article finds that Internet finance will promote and hinder the development of the real economy.