West China's Financial And Development

In previous studies,the literature of the growth and development focus on the relationship between the financial development and economic growth,and the the work is Completed by Schumpeter, Goldsmith, wheat and Xiao Jinlong ,they stressed that if an economy, there is a strong financial sector, a healthy banking system, a dynamic stock and bond markets will improve the insurance companies and diversified financial intermediation, which will promote economic growth in the economy.Recent studies show that financial development not only benefit the economic growth, but also help to improve income distribution and poverty alleviation. Research in this area and inclusive growth theory is inseparable. Inclusive growth as a new concept of development economics becomes more and more by the international development theory and practical workers of all ages and with many policy makers agree. The so-called inclusive growth is the growth of equality of opportunity. And corresponds to the concept of inclusive growth is "inclusive financial development," or the inclusion of financial services, emphasizing the low-income areas or class (the poor) use of financial services or financial access. The development of poor and vulnerable groups and disadvantaged areas safe, easy to use credit and other financial services, is to accelerate growth and reduce income inequality and a prerequisite for poverty alleviation.Western Development decade, economic and financial development in the western region have made great achievements, the financial for the promotion of economic growth in the western region played an important role. But it also should be noted that the overall economic strength of the western region is not strong, economic growth, poverty reduction effect of the decline, the western regional development gap between urban and rural areas, the regional gap is also large, and the task of regional development is still arduous. Currently, the western development has entered a new stage. In this new stage, how to improve the ability of self-development of the western region, the sharing of development results, the new stage will be an important task in Economic Development. Financial development from the perspective of how to support the western region of Western Financial economic development, supporting the development of sharing of results, support the improvement of people's livelihood, that is placed in the western region financial workers, scholars and important issues.Firstly, the theory of inclusive finance to sort out and summarize the development of measurable indicators related to inclusive finance the integrated use of these indicators of financial tolerant of Construction of China, the western regional financial tolerant, then the use of financial inclusion and economic growth, poverty, the income gap between the correlation analysis, combined with the form of a questionnaire survey of small businesses, low income group for statistical analysis. The analysis shows: the western region lower than the national degree of financial inclusion, the majority of small businesses and low-income groups to enjoy very low on the financial, indicating that the western financial inclusion is not enough.