The Construction Of Rural Inclusive Financial System In Less Developed Areas

Since the financial market reform,there have been a series of financial exclusion problems in China's rural areas,such as the outflow of funds,insufficient supply of financial services,difficult access to financial services,financing difficulties and so on,seriously hindered the development of rural economy and the "three rural issues".With the rapid pace of building a well-off society in an all-round way,how to solve the Rural Financial Exclusion,help rural development and protect the poor people equally and fairly enjoy financial services is particularly urgent.Inclusive Finance proposed the direction of China's rural financial reform.Inclusive finance refers to equality of opportunity and the business principle of sustainability,with affordable cost to provide effective and appropriate financial services to all sectors of society and groups,especially farmers,small and micro businesses,urban low income groups,the poor and other vulnerable groups.Inclusive Financial could reduce poverty,promote to share the fruits of economic development and financial stability.The development of Inclusive Finance has become a consensus in the world,has become China's financial development strategy.Promote Inclusive Finance,focusing on rural areas,difficulties in rural areas.But how to develop Inclusive Finance in rural areas,how to build a rural inclusive financial system,China is still exploring.Most of the existing research is to consider the rural Inclusive Finance construction at the national level,ignoring the Chinese regional rural financial development is imbalance,in fact,the economic development of China's provinces and regions are very different,the development of rural finance is also very different.Therefore,the study of rural Inclusive Finance,can not just stay at the national level,but also to pay attention to local factors.Based on this,this article take Lankao County as an example,to explore how to build the inclusive financial system in underdeveloped areas,and promote the development of inclusive finance.Lankao County is China's first inclusive financial reform pilot area,financial products and services are accelerating innovation,financial infrastructure is accelerating,the inclusive financial system is taking shape.The thesis consists of five parts.The first part is the introduction,including the research background and significance,research ideas and methods.The second part is the literature review,therelated theories,and the discussion on the construction of rural inclusive financial system,mainly from the connotation of Inclusive Finance,measure,effect and system research of the previous research scholars at home and abroad were summarized,the mainstream of the development of rural financial theory is expounded,discusses the rural inclusive financial system framework and construction of power.The third part is the analysis of Lankao County,the development of Inclusive Finance,mainly through the questionnaire survey,combined with statistical data,reviews the development of Inclusive Finance from three aspects: the coverage of financial services,the availability of financial services,the satisfaction of financial services for farmers and enterprises.The fourth part is the analysis of the construction of inclusive financial system in Lankao County,mainly from the micro,meso and macro level of the analysis of the construction of inclusive financial system,to explore the construction of financial system.The fifth part is the main conclusions of this paper and suggestions based on the conclusions of the research to promote the development and construction of rural inclusive finance.The study shows that the establishment of inclusive financial system is a systematic project,involving the reform of rural property rights,the transformation of credit environment,the improvement of financial institutions service system.The driving force for the construction of inclusive financial system in the county is: financial demand pull,financial innovation driven,information technology to promote,civil power help,government policy incentives,etc.Analysis of Lankao County,the development of inclusive financial and inclusive financial system,has the following findings:(1)farmers and township enterprises on the satisfaction of financial services is relatively low;(2)financial service coverage is not high,bank outlets and ATM distribution is less;(3)the availability of financial services has improved,but still needs to be further improved;(4)Lankao County,the development of inclusive financial policy environment is good,has formed a diversified financial supply system,but the supply efficiency is not high;(5)the government led construction of inclusive financial system,but the civil participation is weak.Based on the above analysis,put forward the countermeasures of promoting the development of rural inclusive financial,perfecting the rural inclusive financial system:(1)increase the outlets of financial institutions;(2)enhance the inclusive function of financial institutions;(3)encourage the innovation of financial products and services;(4)optimizing the rural credit environment;(5)accelerate the reform of rural property;(6)increase the strength of civil participation.