With the advent of the era of digitization and intelligence,
intelligent cities are put on the agenda. Digital finance is innovative finance
perfectly integrated with digital technology, which can inject inexhaustible
power into the sustainable, healthy and stable growth of China’s economy. After
consulting the relevant literature, it is found that the impact of digital
finance or new urbanization on regional economic growth has been studied by
most scholars, but the relationship between the three has rarely been studied
by scholars. In this paper, the three are discussed together, and the two
models of fixed and mesomeric effect are selected to empirically analyze the
relationship between digital finance, new urbanization and regional economic
growth, which is the innovation of this paper. In this study, it is found that
in addition to significantly promoting regional economic growth, digital
finance also plays a role in promoting regional economic growth by promoting
the process of new urbanization. After further analysis, it is found that
digital finance not only affects regional economic growth, but also has
heterogeneity. Different from most previous concepts, digital finance has a
greater impact on the economic growth of the western region than that of the
eastern and central regions, which shows that
digital finance plays a significant role in narrowing the regional
economic gap. This provides new ideas for building digital China, narrowing the
economic gap between the eastern and western regions and realizing balanced
economic growth.
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