Empirical Study On The Factors Influence The Construction Of Rural Inclusive Financial Service System

The emphasis of the inclusive finance system in the third plenary session of the 18th CPC central Committee,which is an significant task in the field of the financial reform and development.China has always attached great importance to the progress of the rural financial work and put the resolution to carry out the key areas in the countryside.Fortunately,it has made some achievements in recent years.At present,the development of the rural inclusive finance services system is only at the primary level because of its characteristics.Therefore,it also need a long time to achieve a comprehensive inclusive finance services system in China's rural areas.Build inclusive financial service system in rural areas has important theoretical and practical significance:on the one hand help alleviate the financial exclusion of backward areas,optimizing the rural financial environment;on the other hand help to expand the coverage of financial services,to improve the infrastructure of financial institutions,the balance of supply and demand;in still another aspect in favor of disadvantaged groups in rural areas enjoy equal rights of financial services,improving the quality of life in rural areas and narrow the wealth gap and promote the rational allocation of resources,and promoting rural economic development.At present,most of the researches for rural inclusive finance service system are based on normative analysis.The research content mainly discusses its problems and solutions form the macro view,and there are few empirical analysis and researches from the microscopic view.Therefore,this article attempts to take Fujian province as an example,using literature study and systemic evaluation to obtain the questionnaire survey data,then analyze the influencing factors of this system by the regression analysis model and factor analysis model,and summed up the following seven factors.This paper can be divided into six parts.The first part introduces the research background,the significance and the main content of this paper.The second part mainly explains the content on development of rural inclusive services system,which help to understand the developmental environment and have a more comprehensive understanding of this system.In the third chapter,it firstly investigates the development history through systematic analysis,and then endeavors to take Fujian province as an example to analyze the current situation of rural inclusive system in China,including demand,supply,infrastructure,financial institutions and financial policies.In chapter 4,as the analysis of data collection,it puts forward some influence factors to sum up rural inclusive system by the regression analysis model.In the fifth chapter mainly introduce feasible measures of this system from foreign experience and domestic practice.Chapter 6 draws a conclusion.The results of this study:the first,through a combination of theory and practice the way,we can understand the current situation of the development of inclusive financial system in rural areas of Fujian province are as follows:1.the financial needs of farmers diversified multi-level features;2.farmers credit as the main channels of private lending,from the formal financial institutions can not meet the demand for loans;3.financial institutions in the financial service coverage to be expanded,infrastructure needs to be further improved;4.types of financial products and financial services for the lack of selectivity;5.the national government introduced policies to the popularity of each corner,failed to form a whole network and efficient financial structure.The second,using factor analysis and multiple regression to build a mathematical model derived factors inclusive financial service system in rural areas affected are:1.financial information and communication technologies;2.lending channel;3.support government policies and regulations;4.sustainable development of financial institutions;5.household characteristics;6.transaction costs;7.financial needs of those rights awareness.In these seven factors that affect a large partial regression coefficient is more important is that financial needs of those rights awareness and support government policies and regulations and financial development institution of these three areas.The third,through the empirical results of the analysis and summary puts forward relevant suggestions:1.financial service system to establish moderate competition;2.improve the sustainability of the development of financial institutions;3.strengthening infrastructure construction;4.Improve the rural financial environment;5.perfect the construction of the system of policies and regulations.