Data-driven FinTech and agile supply chain systems: Mechanisms and impacts

This article analyzes data from Chinese listed companies (2008–2022) to explore how data elements and FinTech innovations shape agile financial systems and enhance supply chain efficiency. Results reveal: (1) Data-driven agile financial systems significantly improve supply chai efficiency through FinTech tools like blockchain and AI; (2) Corporate innovation capabilities and financing constraints mediate this relationship, amplified by new quality productivity models; (3) State-owned enterprises benefit more from FinTech-integrated systems, while firm size positively moderates outcomes;(4)In addition, corporate debt ratio plays a key threshold role in agile financial system and supply chain system. The study highlights data elements as core assets in optimizing financial agility and fostering resilient supply chains.