Since 2016, China’s digital financial inclusion efforts have significantly expanded access to rural financial services, demonstrating remarkable results in both coverage and depth. Leveraging the convenience and efficiency of digital financial inclusion platforms, rural residents now have access to a diverse range of financial services, including payments, deposits, and loans, effectively enhancing financial inclusivity and supporting income growth among rural residents. In remote rural areas where traditional financial services are less accessible, the development of digital financial inclusion shows immense potential and is anticipated to become a key driver of economic development for rural communities. This study adopts an empirical research approach, collecting and analyzing extensive panel data from prefecture-level cities in Heilongjiang, China, from 2011 to 2021. Using fixed-effects and random-effects models, we examine the impact of digital financial inclusion on rural income and find that its development significantly contributes to income growth among rural residents.

Zijie Gao, Raofeng Guo, Chen Liang, Bokang Ma. Research on the Impact of Digital Inclusive Finance on Rural Residents' Income. Academic Journal of Business & Management (2024) Vol. 6, Issue 11: 23-28. https://doi.org/10.25236/AJBM.2024.061104.

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