The Measurment And Evaluation Of Inclusive Finance And Its Determinants In Shanxi Province

All the time,it is the important objective for the reform of rural financial services in China to improve the level of financial services and achieve the full coverage of it in rural areas.With the deepening of the rural financial system reform in China,But the problems of the development of China’s rural finance are still very prominent:the limited and uneven distribution of financial outlets in rural areas, the outflow of rural capital, the farmers long standing problem of "loans difficulty", the inclusion of financial is very low. In 2013,In the report some important problems on comprehensively deepen reform decision,the Third Plenary Session of the eighteen stated that we should develop inclusive finance,encourage financial innovation and rich level financial markets and products.It is the first time that "inclusive finance"is written to the party’s governing platform,and inclusive finance gradually become the focus attention of government and the academic.Shanxi Province is the largest resources of our country,presents the special and typical characteristics of regional economy.The article in Shanxi Province as the research object,constructing the inclusive financial system and applies it to the measurement and evaluation in the case of Shanxi Province including 96 counties or cities.This has realistic guiding significance to improve the level of inclusive finance and accelerate the economic transformation.First of all,the article summarizes the achievements of scholars abroad and inside in The measurment and evaluation of Inclusive Finance.The paper futherly analyses the basic situation of financial development in Shanxi Province.By measure and evaluate the level of inclusive finance in Shanxi Province in 2012,the paper discusses the main factors influencing Shanxi’s inclusive financial development level.As can be seen, the inclusive financial level in Shanxi is generally low and exist bovious region difference.the low level counties or cities of inclusive financial is the main constitution, more than 63%, the medium level areas of inclusive financial account for 28%; many counties or cities have distinctively differences between supply and demand in different kinds, with different degrees of hierarchy polarization. The characteristic of regional distribution is obvious, the high level areas of inclusive finance mainly concentrate in central Shanxi and Taiyuan area, the low level areas of inclusive finance mainly concentrate in Southeastern Shanxi and South Shanxi area.To further explore its reasons, result displays: urbanization and government regulation are the main influence factors of inclusive financial in Shanxi, the level of regional economic development, information and urban and rural income gap also affect level of inclusive financial in Shanxi.On this basis,this paper put forward policy and suggestions for the purpose to improve financial inclusion.The research about measurment and effects of inclusive finance in Shanxi province enriches the existing research results about inclusive finance; In practice, it can help some constructive policies put forward to promoting the development of Shanxi’s transformation.