Research On The Legal Regulation Of Inclusive Finance In China

Finance is the core of the economy.In the development of the modern financial industry,due to the profit-driven nature of financial institutions,financial exclusion has occurred in a wide range of countries and regions.Low-income people in urban and rural areas have become objects that financial institutions have refused to provide financial services.The self-development of this group of people also objectively affected the normal development of the social economy in the region.In order to solve the problem of financial exclusion,the United Nations put forward inclusive finance in the “International Year of Microcredit” in 2005.Pratt & Whitney emphasizes universality and accessibility,emphasizing the need to provide all-round financial services including account,credit,and transfer for low-income people who are financially excluded.In 2016,the State Council issued the“Plan for Development of Inclusive Finance Development(2016-2020)”,which clearly stated the goal of establishing a “perfect financial and legal financial and regulatory system.” At present,China’s theoretical research and practice on the legal development of inclusive finance is still lagging behind,and it is difficult to provide comprehensive and effective legal guarantees for the development of inclusive finance.This is a key issue that hinders the development of inclusive finance in China and has become a The important issues that need to be solved in the development of inclusive finance.This article analyzes the problems existing in the legal regulation of inclusive finance in China and how to further perfect it.The full text mainly includes the introduction,the main body and the concluding remarks.The main body is divided into five parts:The first part is mainly an overview of inclusive finance.First of all,explain the concept of inclusive finance,followed by the introduction of international and China’s development of inclusive finance.The second part mainly elaborates the theoretical basis for the development of inclusive finance.First,from the point of view of finance,the necessity of developing inclusive finance is based on the theory of credit economy and financial exclusion;and then,based on theperspective of jurisprudence,it is discussed from the perspectives of the right to development,justice,credit,etc.,as a system of inclusive finance.The development provides legal system support.The third part summarizes the legislative status quo and existing problems in promoting inclusive finance in China.First of all,it introduces the overall overview of China’s current legislation on inclusive finance,then analyzes its main problems,and points out that the existing legislation on inclusive finance is still not perfect and hinders the development of inclusive finance in China.The fourth part mainly introduces the legislation and practice of extra-territorial inclusive finance.First of all,from the two dimensions of developed countries and developing countries,we analyze the effectiveness of its inclusive financial legislation and practice,and secondly,it extracts the experience that is beneficial to the development of inclusive finance in China.The fifth part is related to the improvement of China’s inclusive financial legal system.It mainly includes the legal protection of citizens’ right to development in the Constitution,and the legal protection of civil credit rights in the Civil Code;the establishment of four categories including social responsibility,market access,market behavior supervision,and market withdrawal.China’s inclusive financial legal system,including laws,has improved the related supporting system for inclusive finance.