Research On The Measurement Of Inclusive Financial Development Level And Its Influencing Factors In Heyuan City

Inclusive finance is an inclusive financial service system that can provide all social members with equal and sustainable financial services in an effective and all-round manner,especially small and micro enterprises that are excluded from the formal financial system,rural residents,low-income urban groups,and poor people.Since the concept of inclusive finance was introduced into China,inclusive finance has achieved significant development in China;the State Council even introduced the "Plan for Development of Inclusive Finance(2016-2020)" in January 2016,from the national perspective to make development plans.Although the development of inclusive finance has received great attention from the country and given strong support in terms of credit,finance,and taxation,there are still many problems in the practice of inclusive finance across the country,and the overall framework for the development of inclusive finance in all regions is still unclear.Academic research on inclusive finance is also focused on the national and provincial level,or on the vertical comparison between municipalities,but less systematically and in-depth analysis of a city as a case.This article takes Heyuan City as an example.First,through the literature review of related theories on the development of inclusive finance and rural finance,we introduce the framework of the inclusive financial system from the perspectives of inclusive financial demand,supply,and external support.Second,we briefly introduce After the current situation of economic development in Heyuan City,the prevailing financial system framework was used to analyze the status quo of the development of inclusive finance in Heyuan City,summarizing the problems in its development;subsequently,from the availability of financial services,usage,financial and service quality,etc.Dimensional construction of inclusive financial index,the use of level analysis,regression analysis and other methods Heyuan City jurisdiction over five counties of inclusive financial development level and influencing factors for empirical analysis.The study finds that the development of inclusive finance in Heyuan City is affected by a number of factors.The scores of inclusive financial indicators in all counties have risen in recent years.However,traditional financial institutions are still the main providers of financial services.The government’s financial input is insufficient,and people’s livelihood projects have more outstanding debts.As a result,the basic public service supply capacity is insufficient at this stage and the development of inclusive finance is limited.Finally,according to the above analysis,from the three aspects of improving the financial demand,supply and external support,we put forward to increase the strength of financial poverty alleviation,accelerate the process of agricultural industrialization,establish a multilevel financial service system,innovate the inclusive financial products,increase the intensity of the loan,promote agricultural insurance,increase the support of the government,suggestions on quick credit system construction,improvement of information level and improvement of financial environment.