Research On The Influence Of Digital Inclusive Finance Development On The Income Gap Between Urban And Rural Areas In China

With the steady and healthy development of China’s economy in recent years,China’s economic strength is gradually increasing,and it has gradually taken the lead in the world.Although China’s economic aggregate is constantly improving and people’s living standards are also improving,what deserves our attention is that the development between regions is unbalanced and the gap between the rich and the poor still exists.So,how to narrow the gap between the rich and the poor,has become the main problem to overcome in our country.In 2016,China as the host of the G20 summit,China will pratt &whitney financial development on the agenda,and with all the participating countries drew up the G20 pratt &whitney financial senior principles,pratt &whitney financial is not only conducive to the sustainable development of economy,but also help to narrow the income gap between rural and urban areas,promote the rational,fair distribution of financial resources.In the context of the trade war between China and the United States,narrowing the urban-rural income gap through financial means is in line with China’s current national conditions.By guiding financial resources toward poor areas,the imbalance of income distribution can be alleviated.As an emerging financial means combining digital information technology and inclusive finance,we need to make clear how effective it is in reducing poverty and whether it can achieve the goal of narrowing the urban-rural income gap.To be successful analysis of the above problems,This paper not only analyzes the development of pratt &whitney financial in China,but also the opportunities of challenges.At the same time,it also summarizes the current situation of urban-rural income gap in different regions of China.In addition,through the consideration of the relationship between pratt &whitney financial,the income gap between city and countryside areas and the mechanism of action,this paper puts forward the hypothesis that with the continuous development of pratt &whitney financial,the income gap between city and countryside areas in China will be gradually reduced.This paper uses 2012-2018 Beijing university pratt &whitney financial index,and and the relevant data of 31 provinces and municipalities in China,according to the features of different areas in China,will be divided into municipalities directly under the central government in China,Eastern central,the west has carried on the empirical research and analysis,and got the corresponding conclusions: from the national level,the popularization and progress of pratt &whitney financial is conducive to narrow the income gap between city and countryside areas;From the regional perspective,the digital financial inclusion in the municipalities has no obvious impact on the income gap,but the development of pratt &whitney financial in the eastern,central and western regions shows obvious effects on narrowing the urban-rural income gap.At the same time,based on the current situation of the development of pratt &whitney financial in China,this paper puts forward some Suggestions.Secondly,the construction of electronic digital infrastructure in rural areas should be constantly improved to complete the hardware.Furthermore,a new credit system that fits digital inclusive finance should be established to reduce default risk.Finally,strengthen the construction of legal and regulatory systems to protect user information security.