《保险研究》20241101-《数字金融服务实体经济：信息的视角》（黄卓、胡诗云）

［摘   要］数字技术为实体经济和金融业带来了深刻变革。本文从信息的视角，深入探讨了数字技术如何变革金融业的生产方式，进而促进实体经济的发展。本文首先回顾了数字金融实践和概念的演变，提出数字金融服务实体经济的基本原理在于通过数字技术降低信息成本，提高金融业收集和利用信息的能力，进而提升金融服务效率。接下来，本文以电子支付、数字信贷、财富管理、保险科技和数字供应链金融五种典型业态为例，详细讨论了数字金融服务实体经济的具体途径。此外，本文从信息的视角探讨了数字金融带来的新风险及其监管启示。面向未来，数字金融的发展应当坚持金融服务实体经济的宗旨，围绕国家战略，发挥科技优势，推动数据要素市场建设和企业数字化转型，促进经济高质量发展与全体人民共同富裕。

［关键词］数字金融；实体经济；数字化；信息技术；新质生产力

［作者简介］黄卓，北京大学国家发展研究院教授、副院长，北京大学数字金融研究中心常务副主任；胡诗云（通讯作者），北京大学国家发展研究院博士研究生。

Digital Finance Serving the Real Economy:An Information Perspective

HUANG Zhuo,HU Shiyun

Abstract：Digital technology has brought profound changes to the real economy and the financial industry.From the information perspective,this paper delves into how digital technology transforms the financial industry,thereby promoting the development of the real economy.By reviewing the evolution of practices and concepts of digital finance,this paper proposes that the fundamental principle of digital finance serving the real economy lies in reducing information costs through digital technology,enhancing the financial industry’s ability to collect and utilize information,and thus improving the efficiency of financial services.Taking five typical business models—electronic payments,digital credit,wealth management,InsurTech,and supply chain finance—as examples,this paper discusses in detail the specific ways in which digital finance serves the real economy.Additionally,the paper explores the new risks brought by digital finance and their regulatory countermeasures.Looking ahead,the development of digital finance should adhere to serving the real economy,aligning with national strategies,leveraging technological advantages,promoting  the construction of the data market and the digital transformation of enterprises,and facilitating high-quality economic development and common prosperity.

Key words：digital finance;digital economy;information technology;digital transformation;Fintech