世界农业

中国在脱贫攻坚战中取得了全面胜利，消除了绝对贫困，但低收入群体规模依然庞大，其代际传递问题成为实现共同富裕的重要制约因素。本文基于数字普惠金融指数与中国家庭追踪调查数据，实证检验数字普惠金融对低收入群体代际传递的阻断效应。结果表明：第一，数字普惠金融发展与父代收入提升能显著提高子代收入水平，降低子代对父代的经济依赖，增强经济自主性，从而阻断低收入代际传递，其中覆盖广度的阻断效果最为显著；第二，数字普惠金融通过加速子代人力资本与社会资本积累进程，提升其收入能力，进而切断代际贫困链条；第三，该效应对农村地区、30岁以下低收入子代家庭及男性子代群体的影响尤为显著。据此，本文提出针对性政策建议，以强化数字普惠金融在阻断低收入代际传递中的积极作用。

China has achieved extraordinary milestones in constructing a moderately prosperous society and eradicating poverty, yet the low-income demographic remains substantial, with the persistent challenge of intergenerational poverty transmission casting a shadow over the march toward common prosperity.This study employs the Digital Inclusive Finance Index and China Family Panel Studies data to empirically investigate how digital inclusive finance disrupts the intergenerational cycle of low-income status.Key revelations emerge: First, the advancement of digital inclusive finance and higher parental income substantially elevate offspring earnings, weakening economic reliance on parental resources while fostering self-sufficiency and upward mobility, effectively dismantling intergenerational poverty chains.Notably, the coverage breadth of digital financial services proves most pivotal in severing this transmission.Second, digital inclusive finance acts as a catalyst for offspring human and social capital accumulation, amplifying income prospects and disrupting poverty's hereditary patterns.Third, its transformative power shines brightest in rural communities, among low-income families with offspring under age 30,and particularly within male demographics.Building on these insights, targeted policy frameworks are proposed to amplify digital finance's role as an economic equalizer, accelerating progress toward equitable prosperity.