As a product of the deep integration of financial technology and the digital economy, digital finance plays a significant role in promoting the development of new quality productivity. This paper first elaborates on the connotations of new quality productivity and digital finance and analyzes the mechanisms by which digital finance promotes the development of new quality productivity from both theoretical and practical perspectives. The aim is to explore the value digital finance brings to the development of new quality productivity, along with the challenges it faces, in order to propose corresponding policy recommendations.
Gong Q, Ban M, Zhang Y, 2021, Blockchain, Enterprise Digitalization, and Supply Chain Finance Innovation. Management World, 37(2): 22–34 + 3.
Xie X, Shen Y, Zhang H, et al., 2018, Can Digital Finance Promote Entrepreneurship? – Evidence from China. Economics (Quarterly), 17(4): 1557–1580.
Wan J, Zhou Q, Xiao Y, 2020, Digital Finance, Financing Constraints, and Corporate Innovation. Economic Review, 2020(1): 71–83.
Shen B, Xiao H, 2023, Financial Promotion to Accelerate the Formation of New Quality Productivity. Contemporary Financial Research, 2023(12): 1–11.
Shi J, Xu L, 2024, Research on the Great Strategic Significance and Realisation Path of Accelerating the Formation of New Quality Productivity. Research on Financial Issues, 2024(1): 3–12.
Qian H, Tao Y, Cao S, et al., 2020, Theoretical and Empirical Evidence on Digital Financial Development and Economic Growth in China. Research on Quantitative and Technical Economics, 2020(6): 26–46.
Tang S, Wu X, Zhu J, 2020, Digital Finance and Corporate Technological Innovation: Structural Characteristics, Mechanism Identification and Effect Differences under Financial Regulation. Management World, 2020(5): 52–66 + 9.
Huang Y, Huang Z, 2018, Digital Financial Development in China: Present and Future. Economics (Quarterly), 2018(4): 1489–1502.
Xun Z, Wan G, Zhang J, et al., 2019, Digital Economy, Inclusive Finance, and Inclusive Growth. Economic Research, 2019(8): 71–86.
Zhang L, 2024, New Quality Productivity and the Dynamics of Chinese-Style Modernization. The Economist, 2024(3): 15–24.