Analysis of Digital Financial Inclusion Promotion of Rural Economic Development

Abstract

In the context of the digital age, China has set new goals for rural economic development: to transform from a major agricultural country to a powerful agricultural country. On this basis, digital financial inclusion has become a powerful tool for achieving this goal. This paper systematically reviews the impact and pathways of digital financial inclusion on rural economic development. This paper focuses on the practical effects of digital financial inclusion in areas such as rural revitalization, high-quality agricultural development, rural economic growth promotion, and common prosperity. According to multiple studies, digital financial inclusion has effectively promoted the transformation and upgrading of rural industries and the optimization of the rural consumption structure through methods such as optimizing resource allocation and expanding the boundaries of financial services. However, issues such as unbalanced regional development and risk prevention and control still need to be optimized and resolved. This paper, by integrating multiple academic research papers, proposes methods for optimizing paths such as strengthening the infrastructure of digital financial inclusion and improving the application system, striving to achieve common prosperity and narrowing the urban‒rural gap.