In view of the vigorous development of the digital economy, as one important means of the fusion of finance and information technology, FinTech plays an important role in supporting the development and upgrading of new quality productive forces. Based on the panel data of Chinese listed companies from 2011 to 2022, this paper builds the multidimensional index system of FinTech development and empirically studies the effects of the development of FinTech on the new quality productive forces of firms, and then investigates the mechanisms influencing FinTech development. Results show that the development of FinTech has a significantly positive promotion effect on the improvement of the new quality productive forces of firms and the robustness check ofa series of potential endogeneity alleviates the influences of confounding factors to some extent. Heterogeneity analysis also shows that the promoting effect of FinTech development is more significant for firms in central and western regions as well as non-state-owned enterprises. There search provides strong empirical evidence to reveal the role mechanism through which FinTech empowers new quality productive forces and offer useful advice to promote coordinated regional development and differentiate FinTech policies.

Jiarun Yang. Research on the Impact of FinTech on New Quality Productive Forces. Academic Journal of Business & Management (2026), Vol. 8, Issue 1: 198-207. https://doi.org/10.25236/AJBM.2026.080126.

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