新质生产力的发展能否反哺金融业?OACHSSCD

This study empirically examines the feedback effect of new quality productive forces on the financial sector from the perspective of local bank credit risk prevention and control.Research has found that the development of new quality productive forces in provincial areas can improve the quality of enterprise operation,thereby helping to curb credit risks for local banks within their jurisdiction.In addition to direct impact,the development of new quality productive forces in the province can also indirectly contain its credit risk through two ways:reducing the willingness of local banks to bear risks and decreasing their dependence on traditional interest bearing businesses.Optimizing the provincial industrial structure and enhancing the level of market integration can help strengthen the inhibitory effect of new quality productive forces on credit risks.In addition,at the micro level,new quality productive forces are characterized by supporting the weak and helping the poor.For weak local banks with small asset size,severe employee redundancy,and low digitalization levels,the risk curbing effect is stronger;at the macro level,the new quality productive forces can play a channeling and guiding role that enhances the inhibitory effect of stringent financial regulations on credit risks in local banks.