Inclusion Financial Development And Influence Factors Analysis Of Our Country

"Inclusion Finance" is the concept that put forward by United Nations at the 2005 annual meeting of the of micro-credit,emphasizing that everyone should be given the right to access to financial services,since its rise has caused widespread concern at home and abroad.After more than ten years' development,the connotation of Inclusion Finance has been continuously enriched,covering credit,savings,insurance and other fields.It is a multidimensional concept and has played an important role in promoting social inclusion development.With the continuous development of China's financial,Inclusion Finance 's development has also been more people's attention,the relevant subjects continue to promote Inclusion Financial work.In 2013,the Third Plenary Session of the 18th CPC Central Committee formally proposed the development of Inclusion Financial to be written into the party's program of governance,marking the development of Inclusion Finance in China into a new historical period.However,due to the lack of financial services,the lack of inclusive,the low coverage rate of financial services,the low efficiency of financial services,the low efficiency of financial services in our country.The lack of institutional supervision,the lack of competition of financial institutions and other issues,making the lack of rural financial supply and demand,small and medium enterprises financing difficulties,financing expensive and regional development differences have not been effectively resolved.Therefore,this article through 31 provinces and cities in China Inclusion Financial development level of the quantitative measurement and impact factors to explore not only a comprehensive understanding of China's current Inclusion Financial development,help to find the development gap between regions,but also on the current The development of Inclusion Finance to put forward more targeted policy recommendations to promote the rational allocation of financial resources in China to achieve inclusive growth is important.This paper first introduces the research background and significance of this article,expounds the connotation and theoretical foundation of Inclusion Financial,and then combs the domestic and foreign literatures on the financial connotation,measure and influencing factors of Inclusion Finance,then analyzes the financial supply and demand:The number of financial institutions,the number of non-banking financial institutions,the current situation of deposits and loans and insurance are described in two aspects.The number of financial institutions owned by every ten thousand people,the number of financial institutions per ten thousand square kilometers,the number of employees in financial institutions,the proportion of domestic and foreign currency deposits in GDP,the proportion of domestic and foreign currency loans to GDP,and the insurance density.The paper quantitatively measured the economic performance of 31 provinces and cities in China,including the number of employees in financial institutions,China's Inclusion Financial development level is generally low,the regional development gap,the eastern obvious advantage to lead the In the western region of the conclusion.And use of multiple regression model,the use of GMM parameter estimation of empirical analysis of China's Inclusion Financial development level of the influencing factors,by Inclusion Financial development level Inclusion Financial development affected by the early development of the degree of impact,but also by government policy,income gap,the level of education of the population,the popularity of the Internet and other factors.Because of the low incomes of the residents,the income gap between urban and rural residents,the low rate of internet use in remote areas such as rural areas,the small proportion of financial activities using Internet,and the split of mobile Internet and finance in China.The Internet has not yet played a catalytic role in the development of Inclusion Finance.Finally,the author puts forward some policy suggestions for the above analysis:China's current development of Inclusion Finance from the overall point of view,the overall strategic layout,emphasizing government policy guidance,paying attention to the coordinated development of the region;emphasizing on improving income level and education level;constructing multi-level financial supply system,increaseing product innovation,and fully mobilizing the Internet in promoting financial development and Inclusion Financial initiative,so that financial development to better promote the development of the real economy,improve the welfare of the residents and achieve economic transition and inclusive growth.