Research on the Impact of Digital Inclusive Finance on the Revitalization of Rural Industry: Taking Anhui Province as An Example

In the No.1 Central Document of 2024, it is proposed that we should unswervingly lay a solid foundation for agriculture. In the work of “agriculture, rural areas and farmers” in the new era, we should always adhere to the main line of promoting the overall revitalization of rural areas. Based on the panel data of 58 counties in Anhui Province from 2018 to 2022, this paper constructs the evaluation system of rural industrial revitalization level, uses the entropy method to calculate the rural industrial revitalization index of each county, and combines the digital inclusive financial development index of Peking University to empirically analyze the impact of digital inclusive financial development on rural industrial revitalization in Anhui Province by using the fixed effect model. The results show that the development level of rural industry and digital inclusive finance in Anhui Province has increased steadily from 2018 to 2022, and digital inclusive finance has played a significant role in promoting the overall level of rural industry revitalization and the revitalization of the primary and tertiary industries in Anhui Province. The coverage breadth, use depth and digitization degree of digital inclusive finance have a positive and significant impact on the level of rural industry in Anhui, among which the coverage breadth has the strongest impact. Therefore, it is necessary to continuously improve the innovative digital inclusive financial service system and stimulate the vitality of rural industry and service industry.