A Study On The Relationship Of Inclusive Finance System And Economic Growth

In recent years,inclusive finance has gradually become an important work to promote the development of China's financial industry.Its purpose is to provide high-quality financial products and services to people at different levels of society and the general public,and thus promote the rapid,healthy and orderly development of China's financial industry.The concept of inclusive finance and inclusive finance was first proposed by the United Nations in the report of the Global Financial Conference.Later,China formulated the development plan for inclusive finance from 2016 to the 1920 s,and for the first time defined the important implementation strategy of inclusive finance at the national level.Inclusive finance has a certain correlation with China's high-level policy trends.The development of inclusive finance has many advantages.It is mainly reflected in the following: to optimize the allocation of resources and promote social equity,so that all people in the society can enjoy the results of economic and social development,and it has a positive role in promoting social stability and sustainable and healthy development.Therefore,it is of great practical significance to study whether and how inclusive finance can promote economic development.Taking Huludao City,Liaoning Province as an example,this article summarizes the development stage of inclusive finance,thus forming an overall understanding of the development level of inclusive finance,and selects indicators according to the use of inclusive financial services and geographical coverage.Based on the empirical analysis of Eviews software,it is concluded that the per capita loan balance is a positive impact on economic growth.On the basis of the negative impact on economic growth of the inclusive financial index of the number of outlets per ten thousand square kilometers of financial institutions,reasonable suggestions are given at this stage,which will help to formulate relevant policies for the development of inclusive finance in Huludao City,and further promote the economic development of Huludao City.