The Study On The Effect Of Rural Financial Development On Poverty Alleviation In Gansu Province

Poverty is a serious problem that is widespread in the world,particularly acute in developing countries.With the rapid development of China's economy and finance,anti-poverty has made great achievements.The main performance of the large number of people out of poverty ? poverty rate decreased year by year ? the overall improvement of the living conditions of rural residents.In 2015,China's rural poverty rate dropped to 5.7%,but poverty has not been eradicated.The State Council issued the Opinions on Stimulating the vitality of Key Groups to Promote the Increasing Income of Urban and Rural Residents,it pointed out that by 2020,under the current poverty standard,all the rural poor could be lifted out of poverty.However,as of2015,there are still 55.75 million rural poor in our country,poverty alleviation is still a long-term goal of our government and society.In order to make full use of the function of poverty reduction in rural finance,the government has carried out several reforms and adjustments to the existing financial system in rural areas.Since the 21 st century,the government has reformed the rural financial system of our country under the guidance of“the reform of stock and the increment of development”,trying to create a benign interaction between rural financial development and poverty alleviation.At present,the research on the rural financial poverty reduction effect gradually aroused the attention of scholars in different countries,the existing research is built to analyze the data in multinational and a particular country overall level,ignoring the heterogeneity of rural financial development between different regions of a country or within a particular provinces regional poverty reduction effect,and mostly is the income of rural residents in poverty as the starting point,not the poor segmentation.The manifestations of poverty in rural areas are various,including living?education and health care in all aspects of the lack of welfare.On the basis of summarizing the relevant research literature,this paper explains the theory of rural financial development and poverty,and investigates the mechanism of rural financial poverty reduction,separately from intermediary effect and financial service two aspects to carry on the discussion.Secondly,this paper introduces the current situation of rural financial development and poverty in Gansu Province,anddescribes the current situation of the use of financial means to alleviate poverty in Gansu province.On the basis of theoretical analysis,the panel data of cities(states)in Gansu Province from 2000 to 2015 were selected,and the threshold model was used to study the multidimensional poverty alleviation effect of rural financial development in Gansu province.The results show that the rural financial development has a nonlinear influence on income poverty,education poverty and medical poverty,and the threshold effect is significant.On the basis of this,according to the different threshold levels of rural financial development in different cities and counties,the direction and degree of poverty alleviation are different,and puts forward the corresponding countermeasures and suggestions for Gansu province to make use of rural financial development to alleviate poverty.