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The Impacts of Internet + Rural Financial Industry on County Economy and Industrial Growth Algorithm

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  • Yuanhui Huang
  • Yimao Ye
  • Lele Qin

Abstract

In recent years, commercial banks and rural financial institutions in and below the county area have developed rapidly, and the number of outlets has increased rapidly. But for the vast rural areas of the country, the number of outlets is still limited. At present, there are still a large number of areas with zero financial coverage in rural the country. The development of the financial industry in a region not only affects the level of local economic growth but also has a good effect on improving the income level of local residents and changing the way of local economic development. To better develop rural finance and county economy, this paper constructs an artificial neural network model and FA model to predict the rural finance industry, and four indicators are selected to test the performance measurement of the model. The hit rates of the five models are 54.65%, 53.75%, 59.78%, 65.1%, and 73.08%, respectively. The model proposed in this paper has the highest hit rate and can predict rural finance more accurately as well, allowing for clearer changes in county economic and industrial growth.

Suggested Citation

  • Yuanhui Huang & Yimao Ye & Lele Qin, 2022. "The Impacts of Internet + Rural Financial Industry on County Economy and Industrial Growth Algorithm," Discrete Dynamics in Nature and Society, Hindawi, vol. 2022, pages 1-12, June.
  • Handle: RePEc:hin:jnddns:6842974
    DOI: 10.1155/2022/6842974
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