This paper utilizes the inter-provincial panel data of 30 provinces from 2011 to 2022 to explore the impact of FinTech on the construction of the modern industrial system for the manufacturing industry.The findings are summarized as follows.(1)Fintech is conducive to promoting the construction of the modern industrial system for the manufacturing industry.(2)FinTech promotes the construction of the modern industrial system for the manufacturing industry by improving the allocation of innovation factors and alleviating the mismatch of capital factors.(3)The role of FinTech in supporting the construction of the modern industrial system for the manufacturing industry is more prominent in the regions with better digital infrastructure,higher levels of marketization,and more prominent levels of bank digitization.This paper verifies the positive role of FinTech in the construction of the modern industrial system for the manufacturing industry and provides a theoretical basis and experience for accelerating the high-quality development of the manufacturing industry and better serving the Chinese path to modernization.
国家科技期刊平台
NSTL
万方数据
维普
