Research On The Synergistic Development Of Digital Inclusive Finance And Financial Ecological Environment And Its Driving Factors

As a product of the integration of digital technology and inclusive finance,the rapid development and remarkable results of digital inclusive finance deserve recognition.However,due to the obvious differences in the level of economic development,the layout of financial institutions and financial regulation between regions,there are significant regional characteristics in the speed of development and the role of digital inclusive finance in different regions.As a fertile ground for the development of the financial industry,the financial ecological environment plays an important role in promoting the construction of digital inclusive finance,while the synergistic relationship between the two is of great significance in promoting the regional economy and the high-quality development of the national economy.The development of digital inclusive finance will be restricted and its positive effects will be inhibited.Based on this,this paper conducts a theoretical analysis and empirical research on the synergistic relationship between digital inclusive finance and the financial ecological environment in China,constructs an evaluation index system for digital inclusive finance and the financial ecological environment,measures the digital inclusive finance and financial ecological environment indices of the whole country and seven geographical regions from 2011 to 2019,quantitatively analyzes the coupled synergistic development relationship between the two using the coupling coordination model,and analyzes the synergistic development relationship between the two with the help of a geographical The index is used to quantitatively analyse the relationship between the two coupled and synergistic development,and to explore the dominant factors and interaction factors affecting the synergistic development of the two with the help of a geographical probe.This has important theoretical significance and practical value in further optimising the financial ecosystem and better promoting the development of digital inclusive finance.The results of this study show that:(1)the development of digital inclusive finance and the quality of the financial ecological environment in the whole country and the seven geographical regions are on an upward trend;the spatial layout of digital inclusive finance shows the characteristics of "driven by the three strongest,diverging from the east to the west and transitioning to the central part";the spatial layout of the financial ecological environment shows the characteristics of "decreasing from the southeast to the northwest and polarization of the central region".The spatial layout of the financial ecological environment is characterized by "decreasing levels from the southeast to the northwest and polarization of the central region".(2)The overall coordination degree of digital inclusive finance and the financial ecological environment in China is gradually on the rise and is close to the state of high-quality coordination,with a decreasing pattern of "high in the eastern coast and low in the western inland" in space,and the coordination degree of the two has transitioned from near coordination to high coordination in most regions of the country.(3)Gross domestic product per capita,social fixed asset investment,total import and export,the proportion of self-employed and private enterprises,R&D investment intensity,fiscal revenue per capita,government expenditure on education per capita and the number of branches of banking financial institutions are the main drivers of the synergistic development of digital inclusive finance and the financial ecological environment nationwide;in addition,promoting regional economic development,creating a good In addition,promoting regional economic development,creating a favorable financial rule of law environment and stimulating the interaction between the drivers can more effectively promote the development of the positive interaction between digital inclusive finance and the financial ecological environment.(4)From the perspective of the seven geographical regions,there is heterogeneity in the leading factors of synergistic development between the two systems.Based on the above research,this paper puts forward the following policy recommendations: continue to introduce relevant policies and plans to provide direction for the development of digital inclusive finance and the construction of the financial ecological environment;strengthen the research and development and application of digital financial technology to enhance the quality of the construction of digital inclusive finance and enable it to contribute to the construction of the regional financial ecological environment;improve the comprehensive evaluation index system of the financial ecological environment to continue to optimize the quality of the financial ecology and adapt to the development needs of the digital economy;rationalize the mechanism of benign interaction between the two systems,increase vitality according to local conditions and take the path of characteristic synergistic development;and establish an assessment mechanism for the synergistic development of the two to give full play to the interactive and synergistic effects of each element.