The Impact Of Digital Inclusive Finance On The Upgrading Of Chinese Industrial Structure

The world today is undergoing profound changes unprecedented in a century,and the fourth industrial revolution is in full swing.Modern information technology is emerging one after another.With the help of big data,cloud computing,and artificial intelligence technology,digitalization and high-quality economic development are promoted in an orderly "grafting",so that the two complement each other and complement each other.Traditional finance is increasingly showing a trend of in-depth integration with Internet high-tech,thereby bringing technological empowerment and business innovation.Under the balance of supply and demand in the real economy,the development of digital inclusive finance can not only optimize the financial supply structure,but also realize the coordinated development of inclusive finance and the development of the real economy by optimizing the supply and demand structure of the real economy.In this regard,the study of digital financial inclusion is not only in line with the topic of the times,but also of great significance.Abandoning outdated production capacity and developing high-efficiency industries are the focus of our work at present,improving industrial quality,upgrading,replacing and reorganizing industrial elements,and forming a new industrial structure to meet the needs of long-term development of the industry.At present,in order to accelerate industrial transformation and promote the transformation and upgrading of industrial structure,we have implemented a series of measures,such as promoting the development and growth of strategic emerging industries,accelerating technological transformation of enterprises,encouraging enterprises to merge and reorganize across industries,regions and ownerships,and further develop and expand the service industry,vigorously support the development of small and micro enterprises.As a new business form and a new tool in the financial field,digital inclusive finance is of great significance to solving the problems of industrial structure and realizing the optimization of industrial structure.Therefore,using digital inclusive finance as a powerful tool to improve the quality of the industrial structure has become an important national strategy.Studying the mechanism of digital inclusive finance on the transformation and upgrading of industrial structure helps to clearly understand its role value,and has strong practical significance and role value.This paper focuses on the optimization and upgrading of industrial structure promoted by digital inclusive finance,and focuses on the impact path of digital inclusive finance on the upgrading of industrial structure.The mechanism of action of the three industries.Then,from the perspective of industrial structure upgrading,it proposes how to use digital inclusive finance as a starting point to optimize industrial institutions and achieve high-quality economic development.Through theoretical and empirical research,it is found that: first,digital financial inclusion has a weakening effect on the proportion of the primary industry,but will significantly increase the proportion of the tertiary industry;second,digital financial inclusion mainly encourages technological innovation,small Enterprise entrepreneurship,urbanization rate,and Internet broadband access rate are several paths to reduce the proportion of the primary industry and at the same time promote the development of the tertiary industry.Third,the influence coefficients of the depth of use of digital inclusive finance and the degree of digitalization have a higher negative impact on the proportion of the primary industry,and the coverage of digital inclusive finance also has a significant impact,with a relatively low negative impact.The breadth of coverage,depth of use,and degree of digitalization of digital finance are closely related to the development of the tertiary industry,and the influence coefficient of the depth of use of digital financial inclusion is greater than the other two dimensions.But no matter what kind of index it is,it has a significant negative correlation with the proportion of the primary industry,on the contrary,it has a significant positive correlation with the proportion of the tertiary industry.Fourth,whether it is an area with a high urbanization rate or an area with a low urbanization rate,the digital financial inclusion index will have a significant effect on the proportion of the primary industry and the proportion of the tertiary industry.In areas with a low level of urbanization,the negative impact of digital financial inclusion on the primary industry is higher,and in areas with high urbanization rates,the positive impact of digital financial inclusion on the tertiary industry is stronger.