Author(s)

Shiqi Li

Corresponding Author

Shiqi Li

ABSTRACT

Digital inclusive finance breaks through the barriers of traditional finance and enhances the sustainability of financial inclusion. In this paper, a dynamic panel model is built and the regression analysis on the panel data of 31 provinces and cities in China from 2013 to 2019 is performed. The results show that digital financial inclusion plays a significant role in contributing to economic development. The promotion effect in the eastern region of China is the most obvious, followed by the central and western regions. Therefore, regions should formulate unique development strategies for digital inclusive finance according to their own development status.

KEYWORDS

Digital inclusive finance, Economic growth, Dynamic panel model