Discussion on the impact of digital inclusive finance on high quality economic development: Empirical research based on cities in the Yangtze River Delta

Abstract

The article combines the two main development lines of digital inclusive finance and high-quality economic development in the new era, with 41 cities in the Yangtze River Delta region as the research object. The digital inclusive finance development index is used to measure the level of digital inclusive finance development in cities, and the entropy weight TOPSIS method is used to measure the level of high-quality economic development in cities. A panel model is used to analyze the impact of digital inclusive finance on high-quality economic development. The conclusion is that the development level of digital inclusive finance is on the rise in all cities, but the regional development imbalance is also very obvious. Digital inclusive development has a positive promoting effect on the high-quality economic development of the Yangtze River Delta region. In addition, there is regional heterogeneity in the promoting effect of digital inclusive finance on high-quality economic development. With the improvement of urban level in the Yangtze River Delta region, the promoting effect of digital inclusive finance on high-quality economic development continues to improve. To this end, relevant policy recommendations are proposed. Firstly, to accelerate the development of digital finance and promote high-quality economic development. Secondly, to increase government investment and strengthen new infrastructure construction. Thirdly, to focus on information technology construction and enhance the level of digital technology. Fourthly, to deepen regional coordinated development and improve the quality of economic development.