Research On The Effects Of Digital Inclusive Finance In Alleviating On Relative Rural Poverty

In 2020,China completed the historic task of eradicating absolute poverty.However,it does not mean that the problem of poverty no longer exists.On the contrary,the key point of poverty governance will turn to relative poverty,which is long-term,hidden,and complex.It is necessary to put forward new solutions to solve the problem of poverty.As an important part of financial poverty alleviation,Digital Inclusive Finance has advantages in reducing poverty and increasing the income of rural poor groups.Therefore,exploring the mechanism of alleviating rural relative poverty through Digital Inclusive Finance provides a reference for establishing a long-term governance system.Based on the research and practice of Digital Inclusive Finance and rural relative poverty,this thesis analyzes the mechanism of alleviating rural relative poverty through Digital Inclusive Finance.Firstly,the theoretical framework is established.Then,according to the current situation of Digital Inclusive Finance in China,the evaluation index is determined.The rural relative poverty index is calculated by the disposable income of rural families in each province.Finally,the fixed panel effect model is used to test the specific efficiency and direct mechanism,as well as the intermediary effect model is used to test the indirect mechanism.The results show that Digital Inclusive Finance can directly alleviate rural relative poverty.From high to low,the effect of the three sub-dimensions is coverage breadth,use depth,and digitization degree.Digital Inclusive Finance can alleviate rural relative poverty through the intermediary effect of promoting economic development and optimizing income distribution.There are regional differences in the impact of Digital Inclusive Finance on alleviating rural relative poverty,which is the strongest in the central region,the second in the eastern region,and the last in the western region.Based on the above research,this paper argues that: the government should promote the development of digital inclusive finance through the implementation of preferential policies for high-tech enterprises while strengthening the construction of digital infrastructure,enhancing the supervision of the development of digital inclusive finance,and doing a good job of popularising digital technology and financial knowledge to prevent risks.In the identification of relatively poor groups in rural areas,we should fully learn from international experience,conduct extensive pilot projects in developed regions,explore new indicators with Chinese characteristics,inherit the advanced experience in poverty eradication and strengthen the efficiency of third-party assessment in the supervision mechanism;Internet financial institutions should increase investment in digital technology and financial innovation,and deeply integrate into local economic development to achieve high-quality development of digital inclusive finance;traditional Financial institutions should accelerate digital transformation and enrich the diversity of digital inclusive finance business models.Traditional financial institutions should accelerate their digital transformation and enrich the diversity of digital inclusive finance.