| At present,the main contradiction in our society has been transformed into the contradiction between the people’s growing needs for a better life and the unbalanced and insufficient development.Regional coordinated development has been a major national policy for a long time,as a significant motivator to raise people’s livelihood and social wellbeing.The report of the Party’s 20th National Congress also points out that promoting coordinated regional development has become one of the important aspects of accelerating the construction of a new development pattern and promoting high-quality development.Financial development can promote economic development and regional coordinated development.As a type of finance,digital inclusive finance has natural advantages such as intelligence and digitalization,which is of great significance for improving the coordinated development of regional economy in China.This paper explores the development status and trend of digital inclusive finance as well as the research status of regional coordinated development,and analyzes the impact mechanism of digital inclusive finance on the overall regional coordinated development,economic growth,consumption level,government affairs and public services,and ecology.The indirect mechanism of digital inclusive finance affecting regional coordinated development is further explored from the two transmission mechanisms of industrial organization optimization and factor allocation efficiency.In this paper,based on the connotation of regional coordinated development,based on the four dimensions of regional coordinated development,in-depth excavation of 18 sub-levels of regional coordinated development index.At the same time,the panel data of 30 provinces from 2011 to 2020 were used to empirically analyze the influence mechanism,effect and regional heterogeneity of digital financial inclusion on regional coordinated development.It is found that digital inclusive finance plays a significant role in promoting coordinated development of regional economy.Further analysis shows that industrial structure optimization and factor allocation efficiency play an intermediary role in the relationship between the development of digital inclusive finance and the coordinated development of regional economy.Digital inclusive finance drives the optimization of industrial institutions and the improvement of factor allocation efficiency,and promotes the coordinated development among various industries in various regions.Further research shows that digital inclusive finance has regional heterogeneity in promoting the coordinated development of regional economy,and the impact of digital inclusive finance development on the coordinated development of regional economy in the eastern and central regions is stronger than that in the western region.Accordingly,this paper puts forward corresponding policy suggestions: first of all,continue to fully promote the application of digital inclusive finance development in all walks of life,better integrate digital inclusive finance services with all walks of life,and improve the important position of digital inclusive finance in the process of regional coordinated development;Secondly,differentiated digital inclusive finance development strategies should be formulated to narrow regional differences.Thirdly,different regions need facilitate the optimization of industrial structure and improve the efficiency of factor allocation.Finally,while developing rapidly,digital inclusive finance should be alert to industry regulation,and the introduction of relevant policies and regulatory systems should be strengthened to ensure the healthy development of digital inclusive finance across the country. |
