Based on the background of the digital transformation of commercial banks, the advantages and benefits of this study are to study the promotion effect of digital finance on the production efficiency of commercial banks from four aspects: technological innovation, financial innovation, deep integration of technology and finance, and industry advantages. This study verifies that digital finance has a positive impact on the total factor productivity of commercial banks. In order to study the impact of the development of digital finance on the efficiency of commercial banks, this paper puts forward two assumptions. Using the “text mining method” and taking the total factor productivity of commercial banks as the explanatory variable and the digital finance index as the core explanatory variable, this paper empirically studies the impact of digital finance on bank efficiency. Through empirical research, it is believed that through the analysis of total factor productivity, digital finance has strongly promoted the improvement of the total factor productivity of commercial banks through the technology spillover effect. The impact of digital finance on banks is therefore heterogeneous.

Financial inclusion is a crucial link in achieving the Sustainable Development Goals (SDGs). Strengthening the capability of financial institutions to provide inclusive financial services can help to narrow the inequality gap and increase access to opportunities. Digitalization, with its competitive advantages and rapid growth, may be a powerful tool to foster financial inclusion and sustainable development. This paper examines the effects of bank digitalization on sustainable financial inclusion and explores two underlying incentive mechanisms in banks: profit driven and risk aversion. We construct a basic model and a mechanism model and exploit a nonlinear attempt, heterogeneous estimation as well as supplementary variable and instrument variable methods for a robustness test. The results of the basic model demonstrate that bank digitalization has significant positive effects on financial inclusion and the current financial inclusive effects are sustainable. The mechanism models designed as the mediation effect panel model suggest that digitalization enables banks to expand the business probability frontier of profit-driven behavior and pursuit of credit portfolio diversity in risk aversion behavior, thereby promoting sustainable financial inclusion. As a result of digitalization, vulnerable groups can benefit from sustainable financial inclusion, while financial inclusion feeds back into banks’ sustainable development. This paper conforms to the trend of the development of digitalization and provides theoretical and empirical support for banks to build digitalization and realize sustainable financial inclusion, which contributes to the “triple-win” financial ecology for improving banks’ performance, increasing the rights of vulnerable groups and promoting sustainable development throughout society.

Rapid urbanization and industrialization in Chinese cities have substantially elevated carbon emissions, and transportation plays a major role in these emissions. Due to data availability, research on the impact of both high-speed rail (HSR) and other urban transportation modes on urban carbon emissions is rare. Using a relatively large panel of 194 Chinese cities from 2008–2013, we examine the impact of HSR, conventional rail, bus, roads, and subways on urban carbon emissions. We further document the interaction of these transport modes with geo-economic variables, and more accurately measure HSR’s impact on emissions using a comprehensive accessibility metric. During this time, China developed, constructed and began to operate an extensive HSR network. Our results show that increases in HSR lead to rises in carbon emissions, emissions per GDP unit and per capita. We also find that transportation’s impact on carbon emissions differs by city size and region, and transportation modes significantly interact with GDP, population and urban area to affect carbon emissions. These interactions imply that the government’s promotion of HSR over conventional rail may have unintended consequences and boost urban carbon emissions.

Urban rail transit is an important transportation infrastructure that mitigates the congestion of the central city and realizes compact city space development. However, the literature on the spatiotemporal coupling of urbanization and rail transit from the urban scale and its influencing factors is still uncommon. Taking Beijing as an example, based on the theory of coupling coordination, we have constructed a comprehensive indicator system for regional urbanization (hereafter RU) (including population, economy, and spatial urbanization) and rail transit (hereafter RT). On this basis, we use the entropy method, coupling coordination degree model, and spatial autocorrelation analysis method to explore the spatiotemporal characteristics of the overall and pairwise coupling coordination between population, economy, spatial urbanization, and rail transit. Finally, we analyze the spatial correlation and standard deviational ellipse analysis of the coupling coordination degree between RU and RT. The results indicate the following: (1) In addition to population urbanization, the other urbanization indicators and the RT level all show a downward–rising–falling trend from 2006 to 2017, among which the level of economic urbanization is the highest. The degree of coupling coordination between RU and RT is unbalanced development and shows a trend of first rising and then falling. (2) The degree of coupling coordination between RU and RT presents an imbalanced distribution in various regions, and the coupling coordination degree in the central urban areas is significantly higher than that in the outer suburbs. (3) From 2006 to 2017, the spatial correlation of the coupling coordination degree between the various systems has a similar changing trend. Moreover, the distribution of the spatial agglomeration points of the coupling coordination degree between RU and the RT is similar, showing a decreasing trend from the central urban area to the surrounding urban area. Therefore, relevant departments can rationally plan the construction of urban rail transit according to the coordination relationship between RU and RT and the spatial aggregation degree to realize the benign and sustainable development between urban especially suburbanization and rail transit.

In this research, the influences of railways, roads, waterways, and civil aviation on the digital economy were analyzed using traffic, urban, and enterprise data in the integrated transport system. Regression was performed through the generalized spatial least square method (GS2SLS) in the empirical section to solve the endogeneity problem. It was verified that transportation infrastructure can promote the digital economy. While the development of railways, waterways, and roads is expected to rise by 1%, the digital economy will be increased by 0.0049, 0.0048, and 0.0031, respectively, and civil aviation’s effect is not significant. The robustness test results were still remarkable. From the industry level of cities, it was found that transportation infrastructure mainly promotes the development of the digital economy by upgrading the industrial structure. At the enterprise level, promoting entrepreneurship and facilitating the digital transformation of enterprises have become the main driving forces for the development of the digital economy, and strengthening labor flow is a vital promotion mechanism at the factor level of cities. In addition, a significant single-threshold effect is observed in promoting the digital economy by transportation infrastructure. In the cities that cross the threshold of the economic development level, the progress in the digital economy increases from 0.0027 and 0.0035 to 0.0059 and 0.0061 for 1% development of railways and roads; the promotion of the digital economy by transportation infrastructure is more evident in cities with a permanent-residents population of more than 3 million. Developing the digital economy and transport infrastructure is essential for economic recovery and sustainable development.