Digital Inclusive Finance Empowering Rural Revitalization in China: A Case Study of Fujian Province

Abstract

Digital inclusive finance has emerged as a transformative force in China’s rural development, providing broad-based financial services through digital technology and thus contributing to the country’s rural revitalization strategy. This paper examines the theoretical mechanisms by which digital inclusive finance can empower rural revitalization and analyzes China’s progress in building digital financial infrastructure and adoption in rural regions. The study further presents Fujian Province as a case study, highlighting specific programs and platforms, such as Gutian County’s “Minfu” inclusive finance service network and Longyan’s “e-Longyan” digital finance platform, that illustrate the successful integration of digital finance with rural revitalization initiatives. Empirical evidence from Fujian shows that digital finance has improved access to credit for farmers and micro-entrepreneurs, supported agricultural modernization and rural industries, and spurred rural e-commerce and entrepreneurship. Comprehensive development of digital inclusive finance, coupled with supportive policies, can play a vital role in narrowing the urban-rural divide and achieving China’s rural revitalization goals.