Study on the Impact of Digital Inclusive Finance on Assisting Rural Low-Income PopulationsAn Analysis Based on CHFS and DFIIC Data

Objective/Meaning The introduction of digital inclusive finance, the continuous promotion of income generation among rural low-income populations, the stimulation of their consumption capacity, and the optimization of the debt structure of low-income groups in rural areas can further improve China’s current assistance mechanism for rural low-income populations.

Methods/Procedures Based on the 2019 data from the China Household Finance Survey (CHFS) and the 2019 provincial-level data of the Peking University Digital Financial Inclusion Index of China (PKU-DFIIC), this study conducts a quantitative analysis and evaluation from a micro perspective, and concludes that there exists an impact relationship of digital inclusive finance on the assistance to rural low-income populations.

Results/Conclusions Focusing on assisting low-income rural populations, the government should continue to promote the development of digital inclusive finance, promote income generation for residents, drive rural consumption, improve the debt structure of rural households, enhance the disposable income level of low-income rural populations, and prevent large-scale poverty return.