| With the unremitting efforts of the Chinese people and the victory in poverty alleviation,we have reached the great goal of building a moderately prosperous society in all respects.We have accomplished a feat of historic significance.We are working toward the goal of building a great modern socialist country and striving for the ultimate goal of common prosperity for all the people.And the development degree of new urbanization is closely related to the process of realizing this grand cause of our country.Different from traditional urbanization,new urbanization pays more attention to the quality of development of urbanization.It is not limited to the urbanization of the past population dimension.It is a urbanization with richer connotation of population,economy,public services and green ecology,and more balanced development.However,in the development process of new urbanization,insufficient funds is an important factor restricting its development.Digital inclusive finance is the product of the integrated development of inclusive finance and digital technology,which can provide high-quality and low-cost financial services for low-income people and vulnerable groups.It is of great theoretical and practical significance to study the mechanism of digital inclusive finance for new urbanization.In this context,this paper selects the digital inclusive finance index of 30 provinces(excluding Hong Kong,Macao,Taiwan and Xizang)from 2011 to 2020 and the new urbanization index calculated by the data of the National Bureau of Statistics as the research object.This paper theoretically analyzes the direct promoting effect of digital inclusive finance on new-type urbanization,the indirect mechanism of increasing local fiscal revenue through scientific and technological innovation,and the influence of regulation mechanism based on traditional financial development level.Finally,China is divided into eastern,western and central regions,and the heterogeneity of digital inclusive finance on each region is studied.The research conclusions of this paper are as follows:First,digital inclusive finance has a positive impact on new urbanization,that is,digital inclusive finance can directly promote the development of new urbanization.Second,digital inclusive finance tests the mechanism of scientific and technological innovation and local fiscal revenue increase through the intermediary model,that is,digital inclusive finance can improve urban intelligence by improving the level of scientific and technological innovation,and is more conducive to the construction of a smart city with optimized industrial structure,equal service and green civilization.Digital inclusive finance can also indirectly promote the development of new urbanization by increasing local financial tax,enterprise tax and individual tax and improving local financial supervision.Third,the effect of digital inclusive finance on new-type urbanization is influenced by the development level of traditional finance.That is,in areas with higher development level of traditional finance,residents have higher financial literacy and richer knowledge,and residents will use digital inclusive finance policies to promote new-type urbanization.Fourthly,digital inclusive finance has regional heterogeneity in promoting the new urbanization,that is,digital inclusive finance has a significant positive effect on the development of new urbanization in eastern and central regions,but has an insignificant effect on the construction of new urbanization in western regions.Based on the research conclusions,this paper puts forward some policy suggestions from the aspects of digital inclusive finance,scientific and technological innovation,and local fiscal revenue.First,increase investment in digital inclusive financing;Second,strengthen our traditional financial development dynamics;Third,the use of technology and innovation to empower smart cities;Fourth,use digital inclusive finance to foster fiscal growth points;Fifth,a sound regulatory system for digital financial inclusion. |
