Digital Financial Inclusion Affects The Spatial Spillover Effect And Threshold Effect Of Relative Poverty

Poverty,as a worldwide problem,has always been an important development goal of all countries in the world to effectively solve the problem of poor people.As an important strategic idea,poverty was put forward in the 1980 s when planning the blueprint of Chinas economic and social development.On March 5,2019,the State Council Premier Li Keqiang published in 2019,the government work report of the State Council,to build a well-off society in an all-round way the task,to advance poverty engines and rural revitalization,adhere to the priority to the development of agriculture and rural areas,strengthen poverty alleviation works and rural revitalization plan as a whole cohesion,ensure timely realization of poverty crucial goals,to achieve the comprehensive well-off farmers life level.In 2020,China officially declared its entry into a moderately prosperous society in all respects,which means that the problem of absolute poverty,which has plagued China for many years,has been basically solved.At present,the core task of solving poverty has changed from solving absolute poverty to solving relative poverty based on the income distribution gap and the unequal means of living between high and low income groups.Solving relative poverty will become an important long-term strategic goal of China.In 2016,the G20 Summit proposed that Digital Inclusive Finance should be developed to help promote the deepening and development of Inclusive Finance services in China.As an effective combination of digital technology and inclusive finance,digital inclusive finance plays a huge role in alleviating relative poverty.At present our country pratt &whitney financial development is rapid,the per capita disposable income of urban and rural residents and the level of production and living consumption expenditure has significantly increased,whereas the income gap between urban and rural areas leads to the relative poverty problem is still growing,and the eastern region of pratt &whitney financial development level and relative poverty are obviously superior to the Midwest.Based on the current situation of digital inclusive finance development and relative poverty,this paper first analyzes the spatial spillover effect of digital inclusive finance development on relative poverty.The empirical results show that the impact of digital financial inclusion index on relative poverty is intensified and there is a spatial spillover effect.On this basis,this paper analyzes the three channels of economic growth,consumption gap convergence and industrial upgrading,and finds that for this region,digital inclusive finance can alleviate relative poverty by promoting economic growth,while for other regions,it can aggravate relative poverty by inhibiting consumption gap convergence and industrial upgrading.At the same time,based on the threshold effect,this paper focuses on analyzing the non-linear characteristics of the impact of digital inclusive finance on relative poverty at different stages of development and different levels of urbanization.The empirical results show that the development of digital inclusive finance presents different characteristics at different stages.In general,with the development of digital inclusive finance,its aggravating effect on relative poverty is weaker.The effect of digital inclusive finance on relative poverty in eastern China is stronger than that in central and western China,and the degree of digital support can help alleviate relative poverty in central and western China.Based on the above empirical results,this paper suggests strengthening the toplevel design of digital inclusive financial system,lowering the threshold of basic financial services such as credit,strengthening economic exchanges between regions,improving fintech innovation,deepening financial knowledge popularization,and helping alleviate relative poverty through multi-dimensional cooperation.