Study on the impact of digital finance on rural talent inflow and income growth under rural revitalization

The implementation of rural revitalization strategy is an inevitable requirement to realize the Chinese dream of the great rejuvenation of the Chinese nation. With the rapid development of digital finance, the implementation of rural revitalization strategy has injected new vitality. This paper will verify the impact of digital financial information innovation on rural talent inflow and income growth from both theoretical and empirical levels. The results show that: digital financial information innovation is an important driving force of rural revitalization; Digital financial information innovation can produce convenient and low-threshold digital financial products, reduce the threshold of financial services, promote innovation and entrepreneurship of rural residents, increase employment, promote the inflow of rural talents, and broaden the channels of rural residents' resource allocation, thus increasing residents' income. Further analysis shows that the impact of digital financial information innovation on rural talent inflow and income growth will also show significant differences due to the level of economic development, digitalization degree and urbanization rate in different regions. Therefore, promoting rural revitalization should go hand in hand with local economic and technological development.

Publication Details

Journal
Academic Journal of Business & Management
Published
2025-01-01
DOI
https://doi.org/10.25236/ajbm.2025.070226
Primary Topic
Regional Development and Environment
Type
article
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article

Study on the impact of digital finance on rural talent inflow and income growth under rural revitalization

Academic Journal of Business & Management
Regional Development and Environment
article

Study on the impact of digital finance on rural talent inflow and income growth under rural revitalization

article en

Abstract

The implementation of rural revitalization strategy is an inevitable requirement to realize the Chinese dream of the great rejuvenation of the Chinese nation. With the rapid development of digital finance, the implementation of rural revitalization strategy has injected new vitality. This paper will verify the impact of digital financial information innovation on rural talent inflow and income growth from both theoretical and empirical levels. The results show that: digital financial information innovation is an important driving force of rural revitalization; Digital financial information innovation can produce convenient and low-threshold digital financial products, reduce the threshold of financial services, promote innovation and entrepreneurship of rural residents, increase employment, promote the inflow of rural talents, and broaden the channels of rural residents' resource allocation, thus increasing residents' income. Further analysis shows that the impact of digital financial information innovation on rural talent inflow and income growth will also show significant differences due to the level of economic development, digitalization degree and urbanization rate in different regions. Therefore, promoting rural revitalization should go hand in hand with local economic and technological development.

Academic Journal of Business & ManagementVol. 7(2)
Openalex Percentile: Top 93%
Regional Development and Environment
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Study on the impact of digital finance on rural talent inflow and income growth under rural revitalization · Academic Journal of Business & Management (2025) | TGRS Research Map | TGRS