Research On The Role Of Local Government Int He Development Of Rural Inclusive Finance

Inclusive finance plays a vital role in the development of rural economy.It is conducive to promoting entrepreneurship and innovation,improving people’s livelihood,ensuring employment,enhancing the sense of social equity and access,and meeting the diversified financial service needs of residents in rural areas in the process of development.China also emphasizes the need for inclusive financial support in the process of rural development in the strategy of Rural Revitalization.The government plays an important role in guiding the financial development in rural areas.Therefore,local governments have a responsible role in the development of Inclusive Finance in rural areas.However,from the current actual situation,some local governments are affected by many factors,such as the development degree of local Inclusive Finance and their own policy-making,which leads to the failure to highlight their role in the development of rural Inclusive Finance.The year 2021 is an important milestone for China to win a victory in the overall poverty alleviation and is also a key stage for the implementation of the Rural Revitalization Strategy.In essence,rural inclusive finance plays an irreplaceable role and significance in the implementation and Realization of the rural strategy.In this context,it is necessary to study the role of local governments in the development of rural Inclusive Finance.This paper takes this as the research background for analysis.Based on the new public management,public goods,Inclusive Finance and other related theories,combined with the current situation of the development of Inclusive Finance in rural areas,taking w County of Y City as the research object,this paper summarizes and analyzes the work measures and preliminary results achieved by the government of W County of Y City in the development of Inclusive Finance in rural areas,and concludes that the government of W County of Y City has insufficient policy support in the development of Inclusive Finance in rural areas Weak rural infrastructure,low activity of financial market and poor operation of supervision mechanism.Combining theory with reality,this paper explores the causes of the problems,including imperfect inclusive financial policy system,insufficient understanding of the importance of Inclusive Finance by local governments,imperfect market cultivation mechanism and imperfect supervision system.In view of the existing reasons,this paper puts forward the Countermeasures for the existing problems of the government of W County in Y City in the development of rural Inclusive Finance from four aspects: strengthening policy guidance,increasing policy support,improving infrastructure construction,strengthening the role of the government in market cultivation in rural Inclusive Finance,and giving full play to the supervisory role of local governments in the development of rural Inclusive Finance.