PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v8i4.11899ArticleResearch on the Development of Supply Chain Finance in the Digital Agehttps://artdesignp.com/journal/PBES/8/4/10.26689/pbes.v8i4.11899LiYun,ZhangYawen2025842025-09-10The widespread application of new-generation information technologies has driven the continuous development of supply chain finance in terms of expanding the credit base, precise risk control, and diversifying financing channels. In response to this trend, the government has successively introduced a number of policies aimed at regulating, guiding, and supporting the healthy and orderly operation of supply chain finance. These policies include improving public data open platforms, optimizing the regulatory system, strengthening risk governance, accelerating the construction of exchanges, improving the unified registration and information disclosure system, and introducing relevant supporting policies. To further promote the high-quality development of supply chain finance, it is necessary to continuously improve the risk-control system, ensure the stable operation of the financial market, enhance financial governance capabilities, adapt to dynamic market changes, and improve the information disclosure mechanism to provide institutional support for the construction of the data credit system.

Qiu J, Cui M, Pan A, 2025. Supply Chain Finance and the Sustainable Development of Enterprises—Empirical Evidence from ESG Performance. Nankai Business Review, 1–32. http://kns.cnki.net/kcms/detail/12.1288.f.20250321.1116.003.html.

Yang B, 2025. Research on the Impact of Supply Chain Finance on Enterprise Logistics Costs. Market Modernization, 2025(6): 65–67. DOI: 10.14013/j.cnki.scxdh.2025.06.036.

Li W, Wang L, Wang X, 2024, The Development of Supply Chain Finance in the Digital Age: Trends and Policy Innovations. Price: Theory & Practice, 2024(06): 190–195, 227. DOI: 10.19851/j.cnki.CN11-1010/F.2024.06.372.

Yang T, 2020, New Explorations Are Needed for Supply Chain Finance in the Digital Age. Enterprise Observer, 2020(10): 47.

Zhang X, 2021, New Paths for the Development of Bank Supply Chain Finance. China Finance, 2021(24): 53–54.

Yang H, 2019, The Development of Supply Chain Finance in China Urgently Needs to Be “Systematized”. Contemporary Financier, 2019(07): 81–83.

Zhang H, 2025, The Impact of Supply Chain Finance on the Supply Chain Efficiency of Retail Enterprises—An Analysis of the Mediating Effect Based on Enterprise Innovation Performance. Journal of Business Economics, 2025(06): 151–154.

Huang J, 2025, Research on the Impact of Supply Chain Finance on the Operating Performance of Manufacturing Enterprises. Chinese Agricultural Accounting, 35(06): 97–99.

Ling R, Pan A, Li B, 2021, Can Supply Chain Finance Improve Enterprise Innovation? Journal of Finance and Economics, 47(02): 64–78. DOI: 10.16538/j.cnki.jfe.20200816.201.

Song H, Lu Q, Yu K, 2017, A Comparative Study on the Impact of Supply Chain Finance and Bank Lending on the Financing Performance of Small and Medium-Sized Enterprises. Chinese Journal of Management, 14(6): 897–907.

Cheng C, Tian X, Xu Z, 2023, Supply Chain Finance and the Upgrade of Enterprise Efficiency—Double Evidence from Listed Company Announcements and Local Policy Documents. Journal of Financial Research, 2023(06): 132–149.

Yan J, Xu X, 2007, Analysis of the Financing Model for Small and Medium-Sized Enterprises Based on Supply Chain Finance. Shanghai Finance, 2007(02): 14–16.

Kong Y, 2024, The Application of Modern Logistics Management and Supply Chain Management in Enterprises. China Logistics & Purchasing, 2024(14): 105–106.

Wu J, 2017, The Transformation of Supply Chain Finance in the Digital Age. China Finance, 2017(18): 42–43.

Zhang W, Liu K, 2012, Can the Development of Supply Chain Finance Reduce the Financing Constraints of Small and Medium-Sized Enterprises?—An Empirical Analysis Based on Small and Medium-Sized Listed Companies. Economic Science, 2012(03): 108–118.