Author(s)

Ruitong Liu

Corresponding Author

Ruitong Liu

Abstract

Digital finance encompasses to the adoption of digital technologies by both conventional financial institutions and online businesses to enable activities such as financing, payments, investments, and the development of innovative financial business models. The goal of high-quality economic development is to promote the transition of economy from "quantity-driven growth" to "quality-driven growth" through comprehensive reform and innovation, emphasizing sustainable development, social inclusiveness, innovation-driven growth, and environmental protection. As information technology continues to evolve at a fast pace, digital finance has progressively emerged as a key driver in the global economy and a catalyst for innovation within financial systems. It not only promotes the universalization of financial services but also significantly contributes to improving economic efficiency, optimizing resource distribution, and advancing high-quality economic development. This paper examines current state and trends of digital finance development, investigates its role in fostering high-quality economic development, and offers policy recommendations to enhance its contribution to this goal.

Keywords

High-Quality Economic Development; Digital Finance