Welcome to Francis Academic Press

The Frontiers of Society, Science and Technology, 2024, 6(4); doi: 10.25236/FSST.2024.060405.

Research on the countermeasures of digital inclusive finance to support the high-quality development of agriculture

Author(s)

Li Ying

Corresponding Author:
Li Ying
Affiliation(s)

School of Economics and Management, Guangxi Normal University, Guilin, China

Abstract

This study aims to explore the countermeasures of digital inclusive finance in supporting the high-quality development of agriculture. Firstly, this paper analyzes the positive impact of current digital inclusive finance technology in China from the perspectives of policy effect and market performance, global governance system and customer groups. Then, the current situation and pain points of high-quality agricultural development are discussed. The current situation includes that high-quality agricultural development contributes to the improvement of ecological environment and is an important way to improve the quality of agricultural products. The pain points include the lack of supply of high-quality agricultural products due to the imbalance of agricultural industrial structure, the poor path of industrial integration and the low benefit of agricultural industry chain due to the single way of industrial cohesion. The study found the impact of digital inclusive finance to support the high-quality development of agriculture. Finally, this paper puts forward a series of countermeasures and suggestions for digital inclusive finance to support the high-quality development of agriculture, including optimizing the construction of rural digital infrastructure, improving the risk supervision system and credit system of digital inclusive finance, and improving the digital inclusive finance system.

Keywords

Digital inclusive finance; Agricultural; high-quality development

Cite This Paper

Li Ying. Research on the countermeasures of digital inclusive finance to support the high-quality development of agriculture. The Frontiers of Society, Science and Technology (2024), Vol. 6, Issue 4: 32-38. https://doi.org/10.25236/FSST.2024.060405.

References

[1] Zhang, X., Yang, T., Wang, C., et al. (2020). Digital finance development and residents' consumption growth: Theory and practice in China. Management World, 36(11), 48-63.

[2] Yi, X. and Zhou, L. (2018). Does the development of digital inclusive finance significantly affect residents' consumption: Micro evidence from Chinese households. Journal of Financial Research, (11), 47-67.

[3] Zou, X. and Wang, W. (2020). The impact of digital inclusive finance on residents' consumption: An empirical analysis based on spatial econometric model. Research on Financial Economics, 35(4), 133-145.

[4] Li, Q. and Fan, Y. (2023). Construction of a financial power and high-quality development of inclusive finance. People's Forum, (22), 22-26.

[5] Zhang, H. and Wang, Y. (2021). Convergence study of digital inclusive finance and high-quality agricultural development. Financial Theory and Practice, (1), 9-18.

[6] Grossman, J. and Tarazi, M. (2014). Serving smallholder farmers: Recent developments in digital finance. Focus Note, (94).

[7] Park, C. and Mercado, R. J. (2018). Financial inclusion, poverty, and income inequality. Singapore Economic Review, Forthcoming, (05).

[8] Zhang, Y. (2019, May 8). The broad prospects of digital inclusive finance development. Chinese Social Sciences, 002 Information.

[9] Wang, H. and Zhang, X. (2020). Innovative paths of digital inclusive finance development. National Circulation Economy, (06), 162-163. DOI:10.16834/j.cnki.issn1009-5292.2020.06.075.

[10] Cao, M. (2023). Research on the path of inclusive finance supporting high-quality development of agricultural economy. Agricultural Economy, (06), 124-126.

[11] Mei, C. and Du, Z. (2017). Thoughts on advancing agricultural supply-side structural reform. Journal of Nanjing Agricultural University (Social Science Edition), (1).

[12] Li, G. (2017). On the transformation of agricultural development momentum in China. China Rural Economy, (7).

[13] Chang, J. (2023). The positive impact of digital inclusive finance on high-quality development of agriculture and rural areas. Chinese Fruit Tree, (09), 163-164.

[14] Zheng, M. (2019). Rural digital inclusive finance: Development models and typical cases. Rural Economy, (03), 96-104.

[15] He, H. (2020). Digital finance promotes the integrated development of rural industries: Advantages, dilemmas, and approaches. Journal of Northwest A and F University (Social Science Edition), 20(03), 118-125.

[16] Qin, Z. and Pan, Y. (2022). Effect analysis of digital inclusive finance on high-quality development of rural industries. Journal of South China Agricultural University (Social Science Edition), 21(05), 23-33.

[17] Guo, S. and Yao, Y. (2021). Research on financial support for high-quality agricultural development in the new era. Economic Perspective, (04), 95-102.