Data on digital financial capability and household wealth accumulation based on the China Household Finance Survey

The data at the micro household level are selected from the 2017 and 2019 data of the China Household Finance Survey (CHFS) hosted by the China Household Finance Survey and Research Center of Southwestern University of Finance and Economics. The macro data are mainly derived from the national statistical yearbooks and provincial statistical yearbooks. In the process of data processing, this paper excludes the samples of households with household heads under the age of 18 and other data that are missing, and finally retains 18,396 valid samples for research. In addition, in order to avoid the influence of extreme values on the estimation results, this paper reduces the tail of all continuous variables such as total household assets, household size, and total household income by 1%.