Modern Economics & Management Forum

With the advent of the digital economy era, digital finance has become a critical driver of high-quality development in urban economies across China. This paper analyzes the positive impacts of digital finance on urban economic development, including facilitating capital circulation, optimizing economic structures, and expanding forms of financial services. Additionally, the paper highlights that promoting inclusive finance, innovating service concepts, and accelerating resource allocation are key pathways for advancing high-quality urban economic development in the context of digital finance. As an important direction for financial services, digital finance requires deep integration with urban industries. Local governments should increase support, financial institutions need to accelerate the digital transformation of traditional businesses, and collaborative efforts from all parties are essential to jointly promote high-quality development of urban economies.