Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)

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The Positive Influence of Inclusive Finance on Industrial Structure Upgrading

Authors
Han Ruoxin1, *
1Undergraduate Student of 2019, Department of Human Resource Management, College of Economics and Management, Tianjin University of Science and Technology, Tianjin 300457, China;
Corresponding Author
Han Ruoxin
Available Online 18 April 2022.
DOI
10.2991/aebmr.k.220404.006How to use a DOI?
Keywords
Inclusive Finance; Industrial Structure Upgrading; Panel Model
Abstract

This paper aims to prove that the development of inclusive finance has positive impact on the upgrading of industrial structure. The rationalization of industrial structure is an inevitable requirement for high-quality economic development, while inclusive finance promotes economic development by realizing the extensiveness of financial services. In this process, whether inclusive finance plays a role in boosting the upgrading of industrial structure. The research employs regression analysis based on the panel model. The statistical basis for the study was data from 31 Chinese provinces from 2011 to 2019. The results confirm the hypothesis that the development of inclusive finance have a positive role in promoting the upgrading of the industrial structure and the promoting effect is distinctly heterogeneous: the promotion role of inclusive finance is the most significant in the eastern area, and in the middle and western regions the role still has room for development. This conclusion can further respond to the call for common prosperity, accelerate the upgrading of the consumption structure, promote economic development, build a clean industrial environment and form a new development pattern so as to achieve the high-quality and sustainable development of China’s economy.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
18 April 2022
ISBN
978-94-6239-565-7
ISSN
2352-5428
DOI
10.2991/aebmr.k.220404.006How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Han Ruoxin
PY  - 2022
DA  - 2022/04/18
TI  - The Positive Influence of Inclusive Finance on Industrial Structure Upgrading
BT  - Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)
PB  - Atlantis Press
SP  - 28
EP  - 36
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220404.006
DO  - 10.2991/aebmr.k.220404.006
ID  - Ruoxin2022
ER  -