Unveiling the Concealed Risks: The Influence of Digital Finance on Cyber Financial Crime in China.

Digital finance has emerged as a pivotal catalyst for economic growth in China, profoundly altering social structures and behaviors. Despite its benefits, it has also engendered financial risks, thereby complicating social governance. This study utilizes a panel dataset from China's provinces spanni...

Full description

Bibliographic Details
Published in:Crime & Delinquency Vol. 72; no. 6/7; pp. 1636 - 1665
Main Authors: Chai, Mengran, Wu, Lin
Format: Article
Published: Sage Publications Inc. Jun2026
Subjects:
Online Access:View this record in EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=193016811&site=ehost-live
header:
  @attributes:
    shortDbName: ssf
    uiTerm: 193016811
    longDbName: Social Sciences Full Text (H.W. Wilson)
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        00111287
        CRD
      jtl: Crime & Delinquency
      issn: 00111287
      maglogo: Y
    pubinfo:
      dt: Jun2026
      vid: 72
      iid: 6/7
      pid: 344
      pub: Sage Publications Inc.
    artinfo:
      ui:
        193016811
        10.1177/00111287241287137
      ppf: 1636
      ppct: 29
      formats:
      tig:
        atl: Unveiling the Concealed Risks: The Influence of Digital Finance on Cyber Financial Crime in China.
      aug:
        au:
          Chai, Mengran
          Wu, Lin
        affil: Wuhan University, China
      su:
        China
        Income distribution
        Computer fraud
        Urbanization
        Public administration
        Development economics
        Economic conditions in China
        Online banking
        Financial inclusion
      sug:
        subj:
          Income distribution
          Computer fraud
          Urbanization
          Public administration
          China
          Other General Government Support
          Personal and commercial banking industry
          Commercial Banking
          Development economics
          Economic conditions in China
          Online banking
          Financial inclusion
      keyword:
        cyber crime
        cyber finance risk
        digital finance
        judgment document
        cyber crime
        cyber finance risk
        digital finance
        judgment document
      ab: Digital finance has emerged as a pivotal catalyst for economic growth in China, profoundly altering social structures and behaviors. Despite its benefits, it has also engendered financial risks, thereby complicating social governance. This study utilizes a panel dataset from China's provinces spanning 2011 to 2021 to analyze the influence of digital finance development on cyber financial crime rates. The results reveal a positive correlation: an increment of one unit in the digital finance index is associated with a 0.058 unit increase in cyber financial crime rates. These findings are robustly supported by tests for endogeneity and robustness. Variations in impact are observed across urbanization levels and average wage brackets. And the study identifies income distribution and traditional financial demand as the mechanisms of the effect. Furthermore, this study presents strategic recommendations to enhance financial inclusion, facilitate income redistribution, strengthen cyber crime governance, and integrate digital and traditional finance for the advancement of financial modernization.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: N
    holdings:
      @attributes:
        islocal: N