A Study of the Impact of Digital Finance on the High-Quality Development of Manufacturing Firms
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i3.2351
Abstract
Driven by the wave of globalisation and informatisation, digital finance, as a revolutionary financial service model, is profoundly affecting the development pattern of traditional industries.In this study, we explore in depth the impact of digital finance on the high-quality development of manufacturing enterprises, focusing on how digital finance can be used to analyse how digital finance can, through modern information technology-such as big data, cloud computing, artificial intelligence, promotes the improvement of innovation and industrial upgrading of manufacturing enterprises, promotes green development and transformation, and at the same time effectively reduces financing constraints and promotes the growth of economic benefits. Through in-depth empirical research and theoretical analysis, this paper aims to provide a new development path for manufacturing enterprises and contribute to the sustainable development of the economy.
Keywords
digital finance; manufacturing firms; high quality development; impacts
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