Study On The Impact Of Inclusive Finance On Local Agricultural Development In Yancheng City, Jiangsu Province

Common prosperity is not only a long-term goal of the country,but also an important part of the recent central work.The key to common prosperity lies in the prosperity of rural areas,farmers and agriculture.At present,there are still many problems about agriculture,rural areas and farmers in China,especially the insufficient promotion of rural finance and Inclusive Finance in rural areas,which affects the development of agriculture.In view of this situation,this paper studies the impact of Inclusive Finance on local agricultural development in Yancheng City,Jiangsu Province.This thesis first expounds the basic concept problem and corresponding theoretical basis problems of the thesis,and thus analyzes the mechanism of inclusive finance affecting agricultural development.Secondly,it analyzes the current situation and existing problems of agricultural development of inclusive finance in Yancheng,the agricultural development of Yancheng,and the influence of inclusive finance in Yancheng.The empirical test is carried out again,and the gray correlation analysis method and the JJ cointegration theory are used to test the correlation and influence effect of the inclusive finance and the agricultural development in Yancheng.Finally,the problems in the development of Yancheng are found out,and the countermeasures and suggestions of Yancheng are put forward.Main conclusions:(1)Through the empirical test of grey management analysis,Yancheng Inclusive Finance has a significant impact on local agricultural development.The factors that affect farmers’ income from large to small are financial scale,financial support for agriculture,number of financial institutions,financial structure and financial efficiency,and the factors that affect agricultural output value from large to small are:number of financial institutions,financial structure,financial support for agriculture,financial scale and financial efficiency.(2)After the regression analysis and the second verification of the co-integration theory,the thesis further refines various financial inclusion factors and verifies impact of the results of this analysis on agricultural economic development.(3)At present,the agricultural development of Yancheng city is in a growth trend and needs inclusive financial support.The intensity of inclusive financial support for agriculture in Yancheng City needs to be further strengthened.(4)At present,there are still some problems in Yancheng Inclusive Finance,such as inadequate management and service of financial institutions,imperfect inclusive financial system,insufficient innovation of Inclusive Finance,too single inclusive financial products and so on.(5)Put forward reasonable suggestions and measures to the Yancheng Government and Yancheng financial institutions on some problems existing in the current inclusive finance in Yancheng.