Di Yi Cai Jing·2025-06-20 13:58Core Viewpoint - The article emphasizes the importance of inclusive finance and its evolution through digital technology, highlighting the ongoing challenges faced by small and micro enterprises in accessing affordable financing [1][3]. Group 1: Current State of Inclusive Finance - Despite the growth in the scale of inclusive microloans in China, issues of financing difficulties and high costs remain significant challenges for small and micro enterprises [1]. - The rapid development of digital technology is seen as a turning point for improving the accessibility and balance of inclusive finance services [1][3]. Group 2: Role of Digital Technology - Digital technology provides financial institutions with efficient tools to reduce operational costs and enhance service efficiency, potentially alleviating the conflict between inclusive finance and commercial interests [1]. - The digital transformation of credit services is crucial for accurately identifying and meeting the financing needs of key demographics, thereby improving service quality for small and micro enterprises [3]. Group 3: Measuring Inclusivity and Accessibility - Inclusivity in finance is characterized by the broad coverage of services to meet diverse needs, while accessibility focuses on ensuring that more individuals can effectively obtain financial services [3]. - Two key standards for measuring accessibility are the rationality of risk coverage and the alignment with real-world financing needs [3]. Group 4: Challenges and Opportunities - China is recognized as a leader in digitalization, with smartphone penetration at 85% and digital payment users at 80%, surpassing many developed countries [6]. - However, challenges such as urban-rural digital disparities and intense market competition are present, necessitating a combined approach of traditional and digital services to ensure no one is left behind [6]. - The advanced digital infrastructure in China presents unique advantages for development, particularly in the insurance sector, where effective solutions rather than mere product sales are emphasized [7].