Digital Inclusive Finance Helps Developing Countries Narrow the Urban-rural Income Gap Analysis——Taking China as an Example

Abstract

With the rapid development of digital technology, finance, and technology integration today, a new type of large-scale financial digitization has emerged, increasing the breadth and depth of services, increasing the comfort of the financial services sector, and enabling residents to participate equally in the financial system and obtain necessary financial resources. Extensive digital financing has enabled information exchange and reduced costs. It can promote better management. The concept of digital fusion funding is an innovation in the development of traditional financing. This is a modern development vision focusing on the interests of the group. Their honesty and tolerance are of great importance to achieve social equality. Many studies have shown that the development of digital economic integration may effectively assist developing countries to reduce the revenue gap in the village. China is the largest developing country with the world's largest population. For example, China can summarize how the integration of digital economy affects urban-rural income gaps, identify problems and signs of experience in developing countries.