The Impact Mechanism And Effect Evaluation Of Guangxi Financial Support For Rural Revitalization

Since the 21 st century,the Central Document No.1 has continued to focus on the work of "rural areas",and puts forward a lot of opinions on the key work involved in the process of promoting rural revitalization.The rural revitalization implementation is a major strategy for China to promote coordinated regional development and is an important starting point for achieving high quality economic development.According to development economics and the dual economic theory of urban and rural areas,the rural situation is the objective background,and how to make the rural economy fully developed is the primary problem that needs to be solved in the rural revitalization strategy.No matter what way to develop the rural economy,factor input is an unavoidable focus,especially the continuous investment of a large amount of financial capital,which objectively requires the establishment of a rural financial system with wide coverage,high degree of specialization and rich levels.Central Document No.1in 2022 clearly proposes to strengthen financial services for rural revitalization,and specifically requires all kinds of financial institutions to help rural revitalization from the aspects of funds,credit,credit,insurance,and governance mechanisms.Starting from the theory of rural finance and the theory of rural revitalization,this paper comprehensively analyzes the significance,content and tasks of promoting the rural revitalization strategy,the objective demand for financial support for rural revitalization development objects,development subjects and development paths,and the feasibility of rural financial support for rural revitalization,based on the panel data of 14 prefecture-level cities of Guangxi in 10 years,supplemented by relevant data at the provincial level nationwide.At the same time,the index system are constructed,and the PVAR model is used to empirically study the problem of Guangxi regional finance supporting rural revitalization,and the specific role of rural regional finance in rural revitalization,farmers’ livelihood and rural industrial development is examined in detail.The study found that the development trend of rural revitalization in Guangxi and various cities has been improving for a long time,rural regional finance has developed rapidly,rural regional finance has formed effective support for rural revitalization,and there is a positive role in promoting rural industrial development and rural residents’ income.At the same time,there is still an imbalance between the level of rural revitalization and the level of financial development in rural areas in Guangxi,and the support role of rural regional finance for rural revitalization is mainly concentrated in the short term.It shows that the rural revitalization construction in Guangxi still needs to be inclined to some cities,and the financial development of rural areas needs to pay attention to system construction and sustainable development,and finally draws the research conclusions and policy recommendations of this paper.