The Impact of Digital Financial Inclusion on the Resilience of the Forestry Industry

Based on the provincial panel data of 31 provinces in China from 2011 to 2018,this paper deeply studied the relationship between digital financial inclusion and forestry industry resilience. The results showed that digital financial inclusion significantly promoted the resilience of the forestry industry,and it maintained the original conclusion after a series of tests. Mechanism analysis showed that forestry fixed asset investment was an important path for digital inclusive finance to improve the resilience of forestry industry. From the perspective of regional heterogeneity,in forestry non-functional areas and cities with low urbanization rate,it’s more obvious that the impact of digital inclusive finance on the resilience of the forestry industry. From the perspective of dimensional heterogeneity,the degree of digitalization was slightly insufficient to improve the resilience of the forestry industry compared with the coverage breadth and depth of use of digital inclusive finance. Therefore,in the process of promoting forestry modernization,we should pay attention to the driving role of digital inclusive finance,promote the reform of digital inclusive finance in a reasonable and orderly manner,and improve the resilience of the entire forestry industry chain.