Research On The Influence Of Digital Inclusive Finance On The Consumption Of Rural Residents In Central China

In recent years,my country’s economic development has entered a new normal,and consumption has become more and more prominent in the national economy.However,compared with developed countries,my country still has many problems such as insufficient domestic demand and a large gap between urban and rural consumption.At the same time,in a new contemporary society where technologies such as cloud computing and big data are constantly iterating,the connection between the construction of the financial system and the consumption of rural residents is getting closer and closer,and the concept of digital inclusive finance has gradually entered thousands of households.In the financial field,the service scope and service efficiency of financial products have been improved,and the financial exclusion in rural areas or remote areas has been alleviated,and the consumption level of residents in rural areas has been improved as a whole.As my country’s traditional agricultural area and the main production base of domestic agricultural products,the central region has a large rural population and huge consumption potential that needs to be explored urgently.By studying the impact of the development of digital inclusive finance on the consumption of rural residents in the central region,this paper will help to explore the stimulus Effective measures to increase the consumption growth of rural residents and optimize the consumption structure,improve the actual living standards of rural residents,and give better play to the role of consumption in driving the regional economy.On the basis of summarizing the research results of previous scholars,this paper firstly starts from theoretical research,gives an overview of the relevant concepts of financial inclusion and consumption theory,and deeply explores the impact mechanism of digital financial inclusion on consumption behavior.The current situation of the development of digital inclusive finance and the consumption situation of rural residents are studied.Then,based on the digital financial inclusion index of Peking University and the panel data of 80 prefecture-level cities and autonomous prefectures in the central region of my country,this paper conducts an empirical study on the internal relationship between the development of digital financial inclusion and the consumption of rural residents in the central region of China.Through the research results,we can find that,first of all,from an overall perspective,the development of digital inclusive finance has a certain role in promoting the consumption of rural residents in central my country.The promotion effect is particularly outstanding;secondly,from the perspective of different regions,digital inclusive finance in Henan and Anhui provinces is more closely integrated with the economic life of rural residents,and the optimization effect on the consumption structure of rural residents is more obvious;Qualitative analysis shows that the breadth of coverage and depth of use of digital inclusive finance has a particularly significant effect on promoting developmental and enjoyment-oriented consumption of rural residents in central my country;then,from the perspective of the impact of digital inclusive finance,payment and monetary funds It is an important channel to stimulate the consumption of rural residents in the central region and improve their quality of life.Finally,based on the research results of this paper,a series of targeted countermeasures and suggestions focusing on the construction of digital inclusive financial infrastructure in China,accelerating the digital construction of money funds,and refining the design of digital inclusive financial products.