Issue 4, Volume 3 – 1 articles

Exploring the Sustainable Path of Rural Governance: An Empirical Study on Digital Technology Empowering the “Fengqiao Experience” Model in the New Era

Understanding digital technology and digital inclusive finance in rural governance is key to exploring the sustainable development path of rural governance in China. This study constructs a multidimensional index evaluation system for the “Fengqiao Experience” rural governance model in the new era, measures the model’s rural governance level in 30 provinces in China (2011–2022), and empirically assesses digital technology’s impact on rural governance and its mechanism. The results are as follows: (1) During the sample survey period, the rural governance level of digital technology and “Fengqiao Experience” in 30 provinces in China has improved year by year. (2) Benchmark returns to reality and digital technology significantly promotes the improvement of rural governance levels, which remains valid after using GLS, replacing core explanatory variables, excluding the impact of the epidemic, and excluding municipalities directly under the central government. (3) Digital inclusive finance plays an intermediary role in the digital technology process, enabling rural governance. (4) Digital technology’s impact on rural governance has significant spatial spillover characteristics. Such technology helps improve the level of rural governance both locally and in surrounding areas. This study contributes to the understanding of the mechanism, effect, and regional differences of digital technology-enabled rural governance.