Research On The Coupling Relationship And Influencing Factors Of Financial Development And Rural Revitalization In Anhui Province

The 20th National Congress of the Communist Party of China proposed to comprehensively promote rural revitalization,which is of great significance for realizing the modernization of "agriculture,rural areas and farmers" and promoting the common prosperity of all people.The question of source of funding must be resolved before the rural revitalization strategy can be put into action.It is impossible to sustain the financial support from the state alone in the long run,and it is difficult to meet the financial needs in rural revitalization,so financial support is urgently needed.At the same time,the implementation of the rural revitalization strategy has broadened the investment channels of financial institutions and provided new space for financial development.The study of the coupling relationship between financial development and rural revitalization in Anhui Province and the analysis of the coupling mechanism between them will help the Anhui provincial government and relevant departments to make scientific decisions,build a long-term mutual promotion mechanism between them and improve the coupling and coordinated development of finance and rural revitalization.Firstly,on the basis of systematically expounding the coupling mechanism of financial development and rural revitalization,the evaluation index system of financial development and rural revitalization in Anhui Province is constructed.The entropy method is used to measure the weight of each index,and the level of financial development and rural revitalization in Anhui Province from 2011 to 2020 is calculated.Secondly,the grey correlation analysis and coupling coordination degree model are used to empirically analyze the relationship between the two from the two dimensions of time and space,and the factors affecting the coupling and coordinated development level of the two are studied by constructing the panel data measurement model.Finally,based on the research conclusions,policy recommendations are proposed to improve the level of coupling and coordinated development of the two.After empirical analysis,the research conclusions mainly have the following four points: Firstly,the temporal trends of financial development and rural revitalisation in Anhui Province are similar,but there are large differences in spatial regions,and the three regions of northern,central and southern Anhui show obvious tendencies of consolidation.Secondly,the correlation between financial development and rural revitalization in Anhui Province is high,among which traditional financial services have a greater stimulating and driving effect on the process of rural revitalization,while the driving effect of insurance and foreign investment on rural revitalization needs to be improved.Thirdly,the degree of spatial distribution of coupling degree has changed from "low in the south and high in the north" to "strong in the east and weak in the west" in 2011.The level of coupling and coordination between financial development and rural revitalization in Anhui Province is generally low and has significant spatial unevenness.Fourthly,the factors affecting the level of coupling and coordination between financial development and rural revitalization are complex,with financial,fiscal,integrated urban-rural development and economic development all having different degrees of positive influence on the coupling and coordination degree of the two,and there is regional heterogeneity in the influence of each factor on the coupling and coordination degree.Based on the research conclusions,the following suggestions are put forward: to improve the financial product system for serving rural revitalization;to enhance the capacity of financial services related to agriculture and sink financial services related to agriculture;to strengthen the construction of rural financial infrastructure and take multiple measures to improve the leading role of central cities.