FinTech-Driven Trust Rebuilding and Ecosystem Construction in Qingyuan's Manufacturing Supply Chain Finance

Abstract

Manufacturing serves as the cornerstone of regional economies. However, the financing difficulties faced by Small and Medium-sized Enterprises (SMEs) at the end of the supply chain, particularly the lack of trust mechanisms, have become a core bottleneck restricting high-quality manufacturing development. As a "bridgehead" for the deep integration of northern Guangdong into the Guangdong-Hong Kong-Macao Greater Bay Area, Qingyuan City's "Manufacturing as Priority" strategy urgently requires innovation in financial service models. Traditional supply chain finance models, due to over-reliance on the corporate credit of core enterprises, information asymmetry, and difficulties in movable property supervision, fail to allow credit to effectively penetrate to multi-level SMEs, resulting in prominent trust fractures. The rapid development of Financial Technology (FinTech), especially the integrated application of technologies like blockchain, the Internet of Things (IoT), and big data, has provided a new paradigm for solving this dilemma. Grounded in the industrial characteristics of Qingyuan's manufacturing sector, this paper, from the perspective of trust rebuilding, deeply analyzes the intrinsic mechanism of FinTech empowering supply chain finance. The study posits that the core empowerment logic of FinTech lies in shifting supply chain finance from its traditional reliance on "entity credit" to being driven by "objective credit" and "digital trust." This is achieved by rebuilding "transfer trust" through blockchain, "asset trust" through IoT, and "risk trust" through big data, thereby realizing the transparency of transaction processes, the trustworthiness of movable assets, and the dynamic assessment of risks. On this basis, the paper further explores the implementation path for constructing a regional supply chain finance ecosystem characterized by multi-party participation (financial institutions, core enterprises, SMEs, technology platforms, and government supervision), synergistic governance, and shared value. The aim is to provide a financial support solution with theoretical and practical value for the transformation and upgrading of the manufacturing industry in Qingyuan and similar regions.