The Report in the 20th National Congress of the Communist Party of China(CPC)emphasizes the digital economy development acceleration and the high-level openness promotion.Utilizing a dataset that integrates Peking University's Digital Financial Inclusion Index,Chinese Industrial Enterprise Database,and Chinese Customs Import and Export Database,this study examines the role of digital financial inclusion in facilitating enterprise import expansion and its working mechanism.Research findings indicate that digital financial inclusion substantially enhances enterprises'import scales,with a more pronounced effect on small-sized enterprises.The working mechanism mainly includes financial constraint alleviation and consumption stimulation,both of which are more significant for smaller enterprises.Additionally,the import expansion effect of digital financial inclusion is more pronounced in non-state-owned enterprises and in China's Eastern regions.These findings enrich relevant economic effect studies of digital financial inclusion and provide policy implications for a financial security mechanism optimization in ex-panding imports.
digital financial inclusionsenterprises'importsenterprise sizes
万方数据
