The Regional Difference Research On China’s Rural Financial Exclusion

Financial exclusion is a phenomenon which someone cannot obtain financialproducts and services due to personal reasons, geographical restrictions, industryorganization or other factors.Compared to developed countries, developing countriesare more likely to cause financial exclusion, because the system is not perfect, theeconomic development level is not high, the financial system is not perfect and otherfactors.In one country, compared to the city, the rural area’s financial subject whoenjoyed the financial products and services is far less than the city,because of itsgeographical location, low income level, low education level and other factors, so thedevelopment of rural finance is more easily lead to Financial Exclusion.Of course,financial exclusion problem exists not only in developing countries, there are alsoexist in developed countries.Financial exclusion is not just in the development processof rural finance.But compared to the city, because of the two element structure, ruralfinancial exclusion phenomenon is more serious.Financial Exclusion in rural areas fully illustrates the existing economic systemis not perfect, the distribution of resources is uneven,rural financial resources is notenough and the government’s coordination and management in rural finance is failurein the process of the development of rural economy.Currently, Domestic and foreignscholars’s study on financial exclusion are most focus on the field of financialdepth,but the research on Financial width is rarely.Financial depth refers to the growthof financial assets, financial width is mainly refers to financial products and servicesavailable.Therefore, this article analyze financial exclusion from the microperspective of farmers,Research on regional differences of financial exclusion in ruralareas and explore the path to financial exclusion crack,not only broadens the scope ofthe study of financial exclusion, provides a theoretical guide and reference forfinancial width,but also has some practical significance in improving rural financialexclusion and realizing the rational allocation of financial resources in rural areas.In this paper, we use the rural financial as the main object of study, in the contextof building inclusive financial system,studied the regional difference of rural financialexclusion problem in our country.First, This paper constructs a scientific and reasonable index, using the methodof variation coefficient,calculate the Rural Financial Exclusion index.comprehensivestatistics of Financial Exclusion in rural areas,compared the rural financial servicecondition in different region,and discusses the reason of rural financialexclusion.Second,this paper carried out system clustering analysis and calculationmethod of Ward on the China’s Rural Financial Exclusion,while evaluate theefficiency of Chinese rural financial using the envelopment analysis (DEA).Theresults found that, China’s rural financial exclusion region marked differences, ratio offinancial resources are not balanced, the overall financial exclusion from east to West rejection step increasing phenomenon.The degree of Financial Exclusion in eastregion is lesser, followed by the central region, and the western region financialexclusion phenomenon is more serious.Third, the paper calculates the Pearsoncorrelation coefficient of the influence factors and the Financial Exclusion,the resultsfound that, per capita net income,per capita household consumptionexpenditure,communication level in rural areas and farmer’s education level factorsmore obviously impact on financial exclusion phenomenon.Finally, this paperanalyzes the formation mechanism and transfer effect of rural Financial Exclusion,andon this basis, according to the specific circumstances of rural Financial Exclusion ofChina, puts forward the path and countermeasures of Rural Financial Exclusion fromthree aspects.One way is building inclusive financial system;Second way is toimprove the rural finance ecological environment; third way is adopt the mitigationstrategy which suit the local conditions.