Abstract

The purpose of this study is to analyze the impact of digital inclusive finance on the economic development of Shandong Province in the background of rapid economic development. By establishing an economic development index system, this study uses a panel model for economic development data and digital inclusive financial development index from 2011 to 2020 for 16 provinces in Shandong Province to determine whether digital inclusive financial development in Shandong is the economy of Shandong Province. The effect on development was empirically analyzed. The analysis results are as follows. First, it was found that digital inclusive finance had a significant positive (+) effect on Shandong's economic development. Second, it was found that the breadth of coverage, the operational depth, the degree of digitization had a significant positive (+) effect on the economic development of Shandong Province.

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