A Study on Digital Transformation of Financial New Quality Productivity to Promote Supply Chain Modernization in the Rural Industrial Chain

Abstract

Promoting the development of new-quality financial productivity is an intrinsic requirement for the digital transformation of rural industrial chains and supply chains. This article is based on panel data from 30 provinces in mainland China from 2014 to 2024 and uses interaction effect models, mediation effect models, and other empirical tests to discuss the impact of new-quality financial productivity on the modernization of rural industrial chains and supply chains and its mechanisms. The results indicate that the estimated coefficient for financial new-quality productivity is 0.248, suggesting that financial new-quality productivity has a significant driving effect and positive moderating effect on the modernization of industrial chains and supply chains. The impact coefficients of financial new-quality productivity on the modernization of rural industrial chains and supply chains vary across regions: eastern region (0.5168) > northeastern region (0.1722) > central region (0.1570) > western region (0.0999).