Research On The Influence Of Digital Inclusive Finance On China’s Regional Economic Development

China has a vast rural area,a large gap from east to west and from north to south,and a great difference in geographical location,resources and environment between different regions,resulting in large differences in economic development and unbalanced development between different regions in China.The imbalance in regional economic development hinders the development of China’s economy and the realization of the goal of common prosperity.Since the 18 th Party Congress,China has put forward various development strategies,including the coordinated development of Beijing Tianjin Hebei,the development of the Yangtze River Economic Belt,the construction of the Guangzhou Great Macao Bay Area,and the economic construction of the Belt and Road.China has presented specific measures suitable for specific situations according to the development basis and conditions of each region.The report of the 20 th CPC National Congress pointed out that China has made solid progress in regional economic coordination,and established a regional economic system with complementary advantages and high-quality economic development.Economic development cannot be achieved without financial support.Finance is at the core of economic development and affects the flow of resources and the distribution of factors of production.The goal of inclusive finance is to break the boundaries of financial services and enable vulnerable groups and small and medium-sized enterprises to obtain financial support.With the development of electronic information technology,big data,internet,cloud computing and other technologies are increasingly widely used in the financial field.Digital inclusive finance has emerged,and the development of digital inclusive finance in different regions of China is also different.It is worth examining whether inclusive digital finance can stimulate the economic development of different regions of China and how they affect the development of different regions.This article selects data from Chinese provinces(excluding Hong Kong,Macau,Taiwan,and Tibet)from 2011 to 2020 to explore the relationship between inclusive digital finance and China’s regional economic development.Based on the connotation of regional economic development,this paper divides regional economic development into two dimensions,namely the scale of regional economic development representing the "quantity" of regional economic development and the level of regional economic development representing the "quality" of regional economic development.economic development and explores its impact on the economic development of various regions in China from the perspective of inclusive digital finance and its dimensions;To further deepen the research,a threshold model was selected to investigate whether inclusive digital finance caused gradual changes in China’s regional economic development,and the following conclusions were drawn.The main conclusions of this article are as follows: First,from the perspective of the scale of regional economic development,inclusive digital finance can significantly improve the scale of economic development in various regions of China.There is a significant positive correlation between the two,with the best effect in the east and the worst effect in the middle.Secondly,from the perspective of economic growth level,inclusive digital finance can improve the economic development level of different regions in China,with the best performance in the west and the worst performance in the middle.Third,the threshold regression results show that there is no threshold effect between digitally inclusive finance and the level of development in different regions of China,but there is a threshold effect between digitally inclusive finance and the level of development in different regions of China,which has a greater impact on economic growth.