Research On The Legal Supervision Of Rural Digital Inclusive Finance In China

Since the reform and opening up,China’s medium and large-scale financial services have achieved remarkable results,which has greatly promoted the rapid and healthy development of the urban economy.Relatively speaking,rural financial supply is insufficient,lack of innovation,financial vulnerable groups such as farmers,new agricultural management entities,and small-scale enterprises related to agriculture have long been financially excluded.At the beginning of this century,the development of inclusive finance was initiated and widely carried out at home and abroad.This phenomenon has been alleviated,but the core value and inclusiveness of the various sectors and groups of society have led to high costs,high risks and low returns in their business.Rural inclusive financial construction lacks motivation.With the development of digital technologies such as mobile Internet,big data,cloud computing,and intelligent terminals,a new type of rural financial service model was born.It takes digitalization and data as the core,and uses technology commercialization,big data analysis,and machine learning.And artificial intelligence to change the financial deduction logic for the direction,providing a new way of thinking for the sustainable development of rural inclusive financial business.The 2016 G20 Summit Inclusive Financial Global Partnership(GPFI)proposed the development of a high-level principle of digital inclusive finance,combined with the favorable opportunity of rural digital inclusive financial development,and proposed a more comprehensive regulatory requirements.The development needs should be developed.This paper intends to study and analyze the problems and countermeasures of rural digital inclusive financial legal supervision.Firstly,using literature analysis method to sort out the research on rural digital inclusive financial supervision at home and abroad,to demonstrate related concepts,to analyze the advantages and disadvantages of existing research,and to summarize the process of rural digital inclusive finance growth,from the value of the times and potential risks.Analyze the necessity of its supervision;secondly,use the normative research method to demonstrate the development from the aspects of economic incentive compatibility,industrial integration theory,legal cyberspace justice,peasant financial power,functional supervision,and inclusive supervision theory.The necessity of supervision lays a theoretical foundation for the supervision countermeasures;again,using the empirical analysis method to consider the status quo of rural digital inclusivefinancial supervision,combing the existing regulatory policies and norms,and analyzing the supervision and construction practice of Lankao and Beichuan County Financial Reform Experimental Zones And further analyze the lack of systematic supervision of legal supervision,comprehensive and coordinated supervision,advanced and reliable supervision,scientific and standardized access and exit guidance,and differentiated rural financial supervision systems and their causes;,using comparative analysis to compare English,The country’s digital inclusive financial supervision experience,combined with the actual situation,learn from each other’s strengths;Finally,propose regulatory countermeasures,clarify the principles and concepts of functional integration,differential supervision,proactive and prudent supervision,and use appropriate transcendence and multi-dimensional cooperation.Coordinated rural digital inclusive supervision model,perfecting the rural digital inclusive legal supervision system from the aspects of perfecting the regulatory legal norm system,formulating standards and rules for digital technology and business,establishing market access and exit mechanisms,using big data,Cloud computing,regulatory applications,biometrics,blockchain and other regulatory technologies to establish risk prevention systems,improve the relevant supporting guarantees by improving the financial literacy of rural digital inclusive financial consumers,strengthening the construction of rural digital infrastructure,and improving the policy support system.Measures.This paper hopes to provide legal supervision and construction ideas for relevant regulatory authorities,ensure the sustainable development of rural digital inclusive finance,better serve the rural revitalization strategy,and promote agricultural supply-side reform and agricultural modernization.