Yanbian Korean Autonomous Prefecture,Pratt&Whitney Finance And Urban And Rural Economic Development Research As A Whole

The "Village Revitalization Strategic Plan(2018-2022)" adopted and implemented in May 2018 is a program document for coordinating urban and rural economic and social development.The "Planning,points out that innovative development of rural inclusive finance and the solution to the bottleneck restricting China's rural economic developlent are An effective way to achieve coordinated urban and rural economic development.The inclusive financial system is an important institutional innovation.It is an important way to build a rural financial organization system with reasonable division of labor,diversified investment,and perfect functions.The establishment of an inclusive financial system has long solved the problem that has plagued China.The issue of "agriculture,rural areas and farmers:and the realization of urban and rural economic development have important practical significance.Since the reform and opening up.the rural financial market in Yanbian Autonomous Prefecture has formed a relatively complete financial system,and the overall service status of rural financial organizations has been significantly improved.However,in recent years,due to the profit maximization of many financial institutions and the relative backwardness of rural economic development,financial institutions have a greater risk of investing in the rural economy,and the rate of return is also very low.Therefore,the inclusive financial system is still at a lower level.The initial stage.In terms of urban and rural economic development,although the urbanization process of Yanbian Autonomous Prefecture continues to develop,the development speed is slow,and the urban-rural economic gap has further expanded.This is mainly reflected in the continuous expansion of urban and rural residents'income,the gap in urban and rural residents' quality of life,and the imbalance between urban and rural investment.Wait.At present,most of the literature studies on rural inclusive finance and urban-rural economic integration are separated,ignoring the synergistic development relationship between the two.This paper argues that the evolution of rural inclusive finance and urban-rural economic integration is embedded in a system of interaction and synergy.T he two influence each other and promote each other.The development of rural inclusive finance is an important driving force for promoting the coordinated development of urban and rural economy.The coordinated development of urban and rural economy is an important factor affecting the level of inclusive financial development in Yanbian Autonomous Prefecture.The benign synergistic development of the two is the dnvms force for the sustainable economic development of Yanbian Autonomous Prefecture.The interactive mechanism of the coordinated development of inclusive finance and urban-rural economic imtegration in Yanbian Autonomous Prefecture is achieved throush two interrelated and mutually influential mechanisms.First,the impact mechanism of inclusive finance on urban and rural economic integration,and second.urban-rural economic integration.The impact mechanism of Hui Finance.In order to realize the empirical detection of the interactive mechanism of the coordinated development of inclusive finance and urban-rural economic integration in Yanbian Autonomous Prefecture,this paper constmcts a collaborative development model,and based on relevant indicators and data,measures the degree of synergv between the two.The empirical research results show that although the order of the srub-industry subsystem of Yanbian Autonomous Prefecture and the urban and rural economic co-ordination shows a clear upward trend,the synergy degree between the inclusive financial system of Yanbian Autonomous Prefecture and the urban-rural economic integration is small,and the fluctuation is obvious.It shows that a good coordinated development mechanism has not been formed between the inclusive finance of Yanbian Autonomous Prefecture and the urban and rural economic mtesration.Especially in the period from 2005 to 2013,the degree of synergy has been imsatisfactory.and it is on the verse of imbalance and mild imbalance.However,after 2013,the degree of synergy has risen sharply,even exceeding the value of 2004,reaching more than 0.65.In the primary coordination state,it can be said that the coordinated development of inclusive finance and urban and rural economic integration is gradually on the right track,and the development prospects are very good.Based on the results of empirical research,this paper proposes countemieasures and suggestions for promoting the coordinated development of inclusive finance and urban-rural economic inteeration in Yanbian Autonomous Prefecture from the aspects of constructing a complex and multi-level inclusive financial system and perfecting the mechanism ald svsteni of urban and rural economic development.:Correctly understand inclusive finance,improve legal support:moderately relax market access:strengthen macro financial policy guidance:vigorously develop various financing methods,broaden fmancine channels for small and medium-sized enterprises:sneourase financial innovation,and contimuously expand coverage and penetration of financial services Strengthen financial infrastructure construction and system construction,and improve the level of modernization of financial services.