Abstract:As a new driving force for economic development, digital finance has an important impact on improving the city's total factor productivity. This article selects data from 283 cities from 2011 to 2016 to deeply analyze the relationship between digital finance and urban total factor productivity. The research found that: (1) The three dimensions of digital finance can significantly promote the total factor productivity of cities; (2) Digital finance can better play its advantageous role in the western region and low-income areas, and drive cities Total factor productivity has increased significantly; (3) The depth of use of digital finance has different characteristics in the impact of urban total factor productivity in the eastern and central regions, while the impact on the western region is not significant.