From Inclusion to Nutrition: Can Digital Inclusive Finance Impact Residents’ Dietary Nutrition in China?

In light of China’s dual national strategies of Healthy China and the Big Food View, this study examines the relationship between digital inclusive finance and residents’ dietary nutrition, with a focus on healthier and more sustainable dietary patterns. Using panel data from 31 Chinese provinces over the period 2015–2022, we employ a two-way fixed effects model to evaluate how digital inclusive finance is associated with food intake diversity and dietary structure balance. The empirical findings show that digital inclusive finance is positively associated with increased consumption of both plant-based foods (e.g., cereals) and animal-based foods (e.g., meat, milk and aquatic products), contributing to improved dietary structure balance. These findings remain robust after addressing potential endogeneity concerns and conducting a series of multiple robustness checks. Further heterogeneity analysis indicates that the depth of use and degree of digitization are significantly associated with dietary quality, while the breadth of coverage shows no significant effect. Moreover, the positive associations are more pronounced among rural residents, upper-middle income groups, and households with lower levels of human capital, groups with high e-commerce development and high levels of digitalization. These findings highlight the potential role of digital inclusive finance as a policy tool for promoting healthier and more sustainable dietary patterns, particularly among disadvantaged populations in rural China.