Research On The Development Of Inclusive Finance Under The Strategy Of Rural Revitalization

Since the 19 th National Congress of the Communist Party of China put forward the Rural Revitalization Strategy,China has put rural work in a prominent position,and the development of rural finance has become a more and more important work in the financial industry.In 2015,the State Council issued the development plan for promoting Inclusive Finance(2016-2020),which will promote inclusive finance to rise to the national development strategy.The two national strategies are intertwined and focus on rural Inclusive Finance.A large number of studies have shown that the development of Inclusive Finance is conducive to local economic development,poverty alleviation and people’s livelihood.With the deepening of China’s reform and opening up and urbanization,profound changes have taken place in the economic structure and industrial model in rural areas.The inclusive financial development mode dominated by government support in the past has obvious disadvantages.At present,China’s counties are still facing problems such as unbalanced urban and rural development,incomplete industrial system and backward infrastructure.In order to achieve the strategic goal of rural revitalization,develop and expand the county rural economy and improve people’s living standards,it is very necessary to explore the long-term mechanism for the development of rural Inclusive Finance in the new era.The main contents of this paper are as follows.Firstly,by sorting out and summarizing the relevant theoretical research on the development of Inclusive Finance at home and abroad,this paper summarizes the theoretical basis and analysis methods conducive to the text research.This paper analyzes the influencing factors of promoting the development of Inclusive Finance from the perspectives of government support,industrial development and financial institutions.Secondly,it analyzes the practical experience of Inclusive Finance in Jiange County in recent years.By constructing the inclusive finance evaluation index body,it demonstrates that the average Inclusive Finance Development Index in Jiange County in recent years is 0.3078.Although it has reached the medium development level,the foundation is still not solid.Finally,by collecting data,this paper evaluates the development model of Lankao County,Henan Province,the first national inclusive finance reform pilot area,summarizes its innovations in system construction,digital Inclusive Finance,microfinance and risk control,and finds out the reference significance for Jiange county to do Inclusive Finance well,And put forward relevant policy suggestions,hoping to provide reference and reference experience for China to do a good job in Inclusive Finance under the background of Rural Revitalization.