Yield The Measurement And Evaluation Of Inclusive Finance And Its Determinants In Xinjiang Uygur Autonomous Region Yield The Measurement And Evaluation Of Inclusive Finance And Its Determinants In Xinjiang Uygur Autonomous Region

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 our country.The article in Xinjiang Uygur Autonomous Region as the research object,constructing the inclusive financial system and applies it to the measurement and evaluation in the case of in Xinjiang Uygur Autonomous Region,including 85 countries 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 measurement and evaluation of Inclusive Finance.The paper further analyses the basic situation of financial development in Xinjiang Uygur Autonomous Region.By measure and evaluate the level of inclusive finance in Xinjiang Uygur Autonomous Region in 2014,the paper discusses the main factors influencing in Xinjiang Uygur Autonomous Region's inclusive financial development level.As can be seen,the inclusive financial level in Xinjiang Uygur Autonomous Region is generally low and exist obvious region difference.The medium and low level counties or cities of inclusive financial is the main constitution,more than 89.41%.The characteristic of regional distribution is obvious,the high level areas of inclusive finance mainly concentrate in Northern Xinjiang Uygur Autonomous Region,the low level areas mainly concentrate in Southern Xinjiang Uygur Autonomous Region.To further explore its reasons,result displays: urbanization,the level of regional economic development,the efficiency of financial development and the level of savings are the main influence factors of inclusive financial in Xinjiang Uygur Autonomous Region;the level of information,the income gap between urban and rural residents,as well as the level the of education to a certain extent also affect level of inclusive financial in Xinjiang Uygur Autonomous Region.On this basis,this paper put forward policy and suggestions for the purpose to improve financial inclusion.The research about measurement and effects of inclusive finance in Xinjiang Uygur Autonomous Region enriches the existing research results about inclusive finance.In practice,it can help some constructive policies put forward to promoting the development of Xinjiang Uygur Autonomous Region's transformation.