Analysis of the Interaction between China s FinTech Innovation Efficiency and Government Supervision from the Perspective of Game Theory

In recent years, FinTech has become a new force in the financial industry. The development of FinTech is undoubtedly an improvement in both financial product and services. New technologies such as P2P finance, blockchain and mobile payment are gradually approaching daily life, and the increasing demand of users also test the innovation and competitiveness of FinTech companies. Innovation efficiency directly affects the development of finance and also affects economic development. Therefore, from the perspective of innovation efficiency and government supervision of China s FinTech, this paper analyzes the strategic choices among financial technology enterprises and governments by means of game theory model, and discusses the interaction between innovation efficiency of Chinese FinTech and government supervision. In summary, to improve the innovation efficiency of China s FinTech enterprises, we need to start from two aspects, one is the financial technology enterprise itself, and the other is the government. As the financial market is in a constantly changing environment, financial technology companies and governments should also change from time to time and make corresponding adjustments in a timely manner. Therefore, the level of China s financial technology innovation efficiency and regulatory issues are the core issues of China s financial technology development.