The Impact of Digital Finance on the Resilience of Open City Economic Development
- 1 Hangzhou Wickham International School, Hangzhou, China
Abstract
With the acceleration of digitization, digital finance has become a vital force in driving global economic development. Against this backdrop, this study explores the impact of digital finance on the resilience of open city economic development. The study finds that digital finance, by providing more convenient and efficient financial services, promotes economic innovation, advances the optimization of the economic structure, and enhances the resilience of urban economies against risks and recovery capacity. Meanwhile, digital finance also plays a positive role in promoting social inclusiveness, reducing poverty, and improving the quality of life. These findings have significant research implications for understanding how digital finance influences the resilience of urban economies.
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