Research on the Impact of Digital Finance on the High-quality Development of China's Economy

Abstract

At present, China's economy is in a period of transformation and development. Facing multiple challenges at home and abroad, it is particularly important to explore a new path of high-quality economic development. The rise of digital finance has provided a new perspective on this. The present paper aims to study the supporting role of digital finance in the high-quality development of China's economy and reveal the action mechanism between the two. Through the literature analysis method, this paper sorts out the relevant literature of digital finance to support high-quality economic development, defines the concept of digital finance and high-quality economic development, analyzes the economic and ecological effects of digital finance from the perspective of macro to micro, and points out the possible research directions in the future. The research results show that digital finance plays a positive role in promoting the high-quality development of China's economy by improving the efficiency of financial services and promoting technological innovation.