Fintech Empowering the Real Economy: The Key Pathway to Driving High-Quality Development of China’s Economy

In the context of the transformation toward high-quality development of China’s economy in the new era, fintech, leveraging core technologies such as artificial intelligence and blockchain, reconstructs the financial ecosystem and serves as a key engine in addressing the dilemmas of “difficult financing, high costs, and narrow coverage” faced by small and medium-sized enterprises in the real economy. This article systematically delineates the internal mechanisms through which fintech empowers the real economy. By constructing a fintech index via integrated text mining methods and drawing on multi-dimensional empirical evidence, it reveals three core empowerment pathways-corporate financing, consumption investment, and resource allocation-while analyzing the specific roles of fintech in promoting economic development. It provides theoretical references for establishing a virtuous cycle of “technology-finance-industry” and holds strategic significance for cultivating new quality productive forces.