Author(s)

Xiaoling Song, Hongyue Guo

Corresponding Author

Xiaoling Song

Abstract

By incorporating Digital Financial Inclusion into the paper and applying the panel data of 31 provinces from 2011 to 2015, the author has made another inspection on the influential factors of income gap between urban and rural residents. Results show that, the development of Digital Financial Inclusion can obviously narrow the income gap between urban and rural residents. Factors of urbanization, industrial progress, mechanism and economy also have magnificent impacts. China should continue to deepen the practice of Digital Financial Inclusion, improve the construction of integrated platform and credit mechanism, carry out efficient supervision and preferential policies, improve the external environment of Digital Financial Inclusion, further to commonly realize the poverty reduction.

Keywords

Digital inclusive finance, Urban-rural residents’ income gap, Panel data model.