Abstract
The growth of digital finance improves SMEs’ financing conditions and business circumstances and has a crucial role in upgrading the industrial structure of China. This paper takes China’s 30 provinces from 2011 to 2019 as samples and studies the effect of digital finance on upgrading China's industrial structure from both theory and demonstrative two aspects. The results reflect that digital finance stimulus the optimization and upgrading of China's industrial structure as a whole. Furthermore, digital finance in the eastern region has a significant positive impact on the industrial structure. However, digital finance plays an inhibitory role in upgrading the central and western regions in the industrial structure.
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Acknowledgments
We thank the funding sponsored by the Key Project of Educational Science Planning in Heilongjiang Province (ZJB1421217) and General Project of Teaching Reform of Higher Vocational Education in Heilongjiang (SJGZY2019172).
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Qu, Y., Xie, H., Liu, X. (2022). Does Digital Finance Promote the Upgrading of Industrial Structure. In: Hassanien, A.E., Xu, Y., Zhao, Z., Mohammed, S., Fan, Z. (eds) Business Intelligence and Information Technology. BIIT 2021. Lecture Notes on Data Engineering and Communications Technologies, vol 107. Springer, Cham. https://doi.org/10.1007/978-3-030-92632-8_79
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DOI: https://doi.org/10.1007/978-3-030-92632-8_79
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