Abstract Taking the construction of smart cities as the starting point, the paper attempts to explore the impact of smart city construction on my country’s urban financial resilience. The results indicate that the construction of smart cities can significantly enhance urban financial resilience, and this conclusion remains robust after a series of sensitivity tests. Mechanism tests reveal that the construction of smart cities can promote the enhancement of urban financial resilience by fostering the development of digital finance, alleviating corporate financing constraints and curbing corporate financialization. Heterogeneity analysis shows that the role of smart city construction in promoting urban financial resilience is related to the administrative level, geographical location, urban size and financial activity level of the city. Among the urban groups with higher administrative levels, poor location advantages, smaller scale and low financial activity, the construction of smart cities has a more obvious effect on promoting urban financial resilience. The conclusion provides empirical evidence for strengthening financial resilience through urban governance model reforms in China, and also offers theoretical support and policy references for high-quality financial development.
2024, Vol. 41 
