| New-type urbanization is an important way for China to improve the modernization level of urban construction and governance.Comprehensively improving the quality of humancentered urbanization development can fully flow the huge kinetic energy of new urbanization that drives economic growth.In the process of accelerating the construction of new urbanization,inclusive finance has great potential.Inclusive finance is a product that meets the needs of international economic and social development,with broad inclusiveness,fairness in services and sustainable development.As a momentous part of the financial supply-side structural reform,inclusive finance can broaden the coverage of financial services and optimize the capital structure,thus furnishing strong financial support for the development of new urbanization.Exploring the impact of inclusive finance development on new urbanization can help inclusive finance empower the real economy,thereby accelerating the pace of new urbanization.Therefore,with reference to existing international and domestic academic results,this paper investigates the impact of inclusive financial development on new urbanization in Anhui Province from the actual development of inclusive finance in China and the actual situation in Anhui Province by using methods such as panel regression model and mediating effect model.First,the research background and research significance of the article are described in combination with the development of the times,and the relevant literature on inclusive finance and new urbanization is sorted out.After grasping the concepts of inclusive finance and new urbanization in China,the influence mechanism of inclusive finance development on new urbanization is analyzed based on relevant theories.Thirdly,the comprehensive evaluation index systems of the level of inclusive financial development and the level of new urbanization in Anhui Province were constructed respectively,and the index system scores were measured using statistical methods,and analyze the current situation of inclusive finance development and new urbanization construction in Anhui Province based on the calculation results.After that,taking 16 cities in Anhui Province as the research object,collecting panel data from 2009 to2019,and constructing a fixed effect model to empirically analyze the impact of inclusive finance on new urbanization in Anhui Province,and passed the robustness test.Heterogeneity analysis and indirect mechanism testing were then carried out.The research results show that:first,the overall level of inclusive finance development in Anhui Province is not high,and the development gap between prefectures and cities is large.Second,the development of inclusive finance in Anhui Province has constructive promotion effect on the construction of new urbanization,which means that the development of inclusive finance can effectively promote the construction of new urbanization in Anhui Province.Third,although there is no significant regional heterogeneity in the impact of the development of inclusive finance in Anhui Province on the construction of new urbanization,the impact is not linear.When digital inclusive finance is used as a threshold variable,the promotion effect of inclusive finance development on newtype urbanization first rises,then falls and then rises.Fourth,there is an indirect mechanism of action for the impact of inclusive financial development on the construction of new urbanization.Inclusive finance can accelerate the construction of new urbanization through the two intermediary effects of promoting the development of traditional financial institutions and stimulating the expansion of consumer demand.Based on the above research conclusions,in order to better play the role of inclusive finance in promoting new urbanization,this paper puts forward the following suggestions:(1)Improve the construction of metropolitan areas and make full use of the advantages of regional cooperation to promote the development of inclusive finance.(2)Polish the inclusive financial system and promote the high-quality development of new urbanization.(3)Promote the development of digital inclusive finance for a better new urbanization.(4)Equalization of public services in urban and rural areas,and better use of intermediary utility. |
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