Research on the Impact of Digital Inclusive Finance on Rural Economic Development

Digital technology significantly enhances the efficiency, user experience, coverage, and accessibility of financial services. It effectively addresses the issue of imbalanced and inadequate financial services, provides strong support for the advancement of inclusive finance, and facilitates high-quality development of the real economy. Currently, rural rejuvenation and digital inclusive finance are two prominent topics in China. The objective of this article is to identify and address issues by examining the correlation between digital inclusive finance credit and the rural economy. This paper employs a fixed effects model to examine the correlation between digital inclusive financial credit business and the additional value generated by the primary industry. The results indicate a strong negative association between the digital inclusive financial lending business and the added value of the primary industry. The government should prioritize the simultaneous progress of digitalization and finance in rural areas in order to establish a more comprehensive rural economic and financial system.