Research On The Implementation Of Inclusive Finance Policy In Y County Of M City

Developing inclusive finance is an important support and inevitable requirement for implementing the national rural revitalization strategy and serving agriculture and rural areas.China has also attached great importance to the development of inclusive finance.From the current stage,inclusive finance is based on the principles of equal opportunity and commercial sustainability,under the premise of affordable costs,targeting groups in need of financial services,including "agriculture,rural areas,small and medium-sized enterprises,self-employed businesses,low-income groups,and special groups,to effectively,comprehensively,and continuously provide timely,convenient,and differentiated financial services at reasonable prices.In order to achieve a balance between the supply and demand of financial resources,narrow the gap between the rich and the poor,and promote a harmonious social development of the financial system.Currently,governments and financial institutions at all levels have done a lot of effective work in promoting the development of inclusive finance in the county,such as introducing differentiated financial regulatory policies,increasing the number of rural branches of financial institutions,and reducing fee standards,and have achieved great results.From the overall level,China’s inclusive financial industry has achieved significant results.However,it should be noted that the current development of inclusive finance in county areas is still unsatisfactory,and the development of inclusive finance in county areas is still at an initial stage.This article takes Y County of M City as an example to analyze the implementation status of inclusive financial policies in Y County.Combining the results of questionnaires and interviews,and based on the analysis of micro research data,we identified the problems in the implementation of the inclusive financial policy in Y County: the lack of sustainability of the policy itself,the risk of arbitrage in the policy,and the insufficient implementation of the policy;Lack of coordination and overall planning in policy implementation,insufficient supply of rural inclusive finance,and fewer types of inclusive financial services;The awareness of target groups is not strong,and the construction of their own credit system needs to be improved;The promotion of inclusive financial policies is not in place,the construction of financial infrastructure is not perfect,and the popularity of digital inclusive finance is low.By drawing on advanced domestic experience and combining my own practical work experience in relevant departments,I propose suggestions to improve the implementation of inclusive financial policies in Y County: first,improve the sustainability mechanism for inclusive financial development,strengthen the supervision of policy arbitrage,and increase the strength of policy implementation;The second is to strengthen the coordination and overall planning of the policy implementation process,increase the capital investment of financial institutions,and guide commercial institutions to innovate financial products;Third,strengthen the understanding of policies among target groups and guide them to accumulate their own credit;Fourth,improve policy advocacy,improve financial infrastructure construction,and vigorously develop digital inclusive finance.To comprehensively improve the development level of inclusive finance in Y County and provide inspiration for better promoting inclusive financial work in the county.