金融新质生产力、数实融合与中国式现代化  

Financial New Quality Productivity,Digital-Real Integration and Chinese-Style Modernization

作　　者：孙兴昌 Sun Xingchang

机构地区：[1]天津商业大学马克思主义学院,天津300134

出　　处：《企业经济》2025年第4期140-150,共11页Enterprise Economy

基　　金：天津市哲学社会科学规划基金项目“新时代以党的自我革命跳出历史周期率的理论逻辑与实践路径研究”(项目编号:TJDJQN22-003)。

摘　　要：中国式现代化是全面推进强国建设的必由之路,亦是实现民族复兴伟业的应然之举。甚于此,本文从理论层面梳理金融新质生产力与中国式现代化的关系,并以2013—2023年期间我国(未含港澳台)278个地级及以上城市为研究样本,通过多种计量模型实证检验金融新质生产力对中国式现代化的影响效应。研究发现:金融新质生产力可推动中国式现代化,且该效应呈现“数字基础建设发达地区﹥数字基础建设落后地区”“产业结构高级化较高﹥产业结构高级化较低地区”的区域异质性特征;数实融合在金融新质生产力推动中国式现代化的过程中发挥中介作用;金融新质生产力对中国式现代化的影响存在边际递增的单门槛效应。故而,建议以“新”致远,助力中国式现代化发展;以“数”强“实”,加速中国式现代化进程;多点施力,因地制宜发展金融新质生产力,以期最大化释放金融新质生产力对中国式现代化建设的红利效应。Chinese-style modernization is the only way to comprehensively promote the construction of a powerful country,and it is also a natural move to realize the great cause of national rejuvenation.This paper analyzes the relationship between financial new quality productivity and Chinese-style modernization from the theoretical level,and takes 278 cities at the prefecture level and above in China(excluding Hong Kong,Macao and Taiwan)from 2013 to 2023 as research samples to empirically test the influence of financial new quality productivity on Chinese-style modernization through a variety of econometric models.The research finds that the financial new quality productivity can promote Chinese-style modernization,and this effect shows the regional heterogeneity characteristics of"developed areas of digital infrastructure>backward areas of digital infrastructure","high level of industrial structure upgrading>low level of industrial structure upgrading".The integration of digital and real plays an intermediary role in the process of promoting Chinese-style modernization with financial new quality productivity.The integration of digital and real plays an intermediary role in the process of promoting Chinese-style modernization with financial new quality productivity.There is a single threshold effect of marginal increase in the impact of financial new quality productivity on Chinese-style modernization.Therefore,it is proposed to promote the development of Chinese-style modernization with"innovation"and speed up the process of Chinese-style modernization by strengthening"real"with"digital".More efforts should be made to develop financial new quality productivity in line with local conditions,so as to maximize the dividend effect of financial new quality productivity on Chinese-style modernization.

关 键 词：中国式现代化 金融新质生产力 数实融合 数字化转型 

分 类 号：F124[经济管理—世界经济] F832