| 摘要: |
| 推动数字普惠金融发展，不断优化家庭资产配置结构，对中国家庭资产保值增值和实现共同富裕具有重要意义。本文基于中国家庭金融调查（CHFS）数据和数字普惠金融指数，实证检验数字普惠金融发展对中国家庭风险性金融资产配置的影响。研究表明，数字普惠金融发展显著提升了中国家庭配置风险性金融资产的概率和配置规模，其中金融知识在两者关系中起到了部分中介的作用。进一步研究发现，随着家庭金融知识水平和互联网参与程度的提高，数字普惠金融对家庭风险性金融资产配置的影响效应凸显。因此，应当加强数字普惠金融的促进作用，不断提升家庭金融知识水平和降低金融投资风险，通过提高中国家庭的互联网参与程度等来优化金融风险资产配置结构。 |
| 关键词: 数字普惠金融；金融知识水平；家庭金融风险；金融资产配置 |
| DOI： |
| 分类号:F832 |
| 基金项目:基金项目：重庆市社会科学规划博士项目“城乡共富下金融科技消弥乡村数字鸿沟的机制识别与质效提升研究”（2022BS060）；重庆市教委人文社会科学重点研究基地项目“全要素生产率目标下数字经济促进重庆市工业企业转型的机制与路径研究”（23SKJD101）；重庆市教育科学“十四五”规划重点项目“重庆市‘一区两群’人才协同发展现状及对策研究”（2021-GX-022）；重庆市教委科学技术研究计划项目“新发展格局下全球价值链网络提升出口贸易韧性的机制与效果研究”（KJQN202100846）；重庆工商大学年度科研一般项目“乡村振兴背景下重庆市民族地区农户脱贫致富的内生动力研究”（2151008）；重庆工商大学研究生教学改革项目“新时代研究生创新创业教育与专业教育的深度融合及实践探索研究”（2022YJG0207）；重庆市教委人文社会科学项目“重庆市‘一区两群’创新人才协同发展效率及政策体系优化研究”（22SKGH211）。 |
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| Digital Inclusive Finance Development and Chinese Household Financial Risk Asset Allocation |
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LI Yu-shan1,2，ZHANG Xiu-hai1,2，WANG Li-na3，GAO Ming-lin1,21,2,3
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1.（1.Research Center for Enterprise Management，Chongqing Technology and Business University;2.School of Business Administration，Chongqing Technology and Business University;3.School of Economics，Chongqing Technology and Business University）
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| Abstract: |
| Promoting the development of digital inclusive finance and continuously optimizing the asset allocation structure of households are important for preserving the value of Chinese households’ assets and achieving common wealth.Based on the China Household Financial Survey (CHFS) data and the Digital Inclusive Finance Index，this paper empirically examines the impact of digital inclusive finance development on Chinese households’ risky financial asset allocation.It shows that the development of digital inclusive finance significantly increases the probability and allocation size of Chinese households to risky financial assets，with financial literacy playing a partly mediating role in the relationship.Further research finds that the effect of digital inclusive finance on household risky financial asset allocation becomes more pronounced as the level of household financial literacy and Internet participation increases.Therefore，the facilitating role of digital inclusive finance should be strengthened to continuously improve household financial literacy and reduce financial investment risks，and to optimize the structure of risky financial asset allocation by，for example，increasing the degree of Internet participation of Chinese households. |
| Key words: Digital Inclusive Finance；Financial Literacy；Household Financial Risk；Financial Asset Allocation |
