Measurement Of Inclusive Finance Development Level Of China

The essence of finance is to serve the real economy,and to improve the capital allocation structure and efficiency.But due to the nature of financial profit-driven feature,financial resources and capital allocation are often more inclined to large enterprises or enterprises with strong resources background,thus the financial exclusion appears,which causes most of the micro,small and medium enterprises and vulnerable groups cannot obtain the necessary and appropriate financial products and services.As its restricting affect on economy,"inclusive finance" was born and developed.The social background for the development of inclusive finance in China lies in the "pyramid" type of social structure,while the corresponding financial service presents an "inverted pyramid" structure.The financial services to the middle-lower groups and small and micro enterprises are far from enough.Thus there is a structural contradiction between supply and demand.The main content of this paper is to measure the development level of inclusive finance in China and to analyze the influencing factors.The first two chapters of this paper are to summarize the existing literature and other foundation of paper.The third chapter set up a measure index system of financial development,and analyzes the factors that affect the development level of inclusive finance.The forth chapter puts forward the policy suggestions to promote the development of inclusive finance.In the fifth chapter,the author analyzes the shortcomings and prospects of the study.