A Study On The Current Situation And Pattern Of Pratt & Whitney Finance In Rural Areas

In recent years, as China’s economic development, the financial industry hasbeen rapid development. For the financial sector, China’s "second five" period toimprove the country’s financial system, improve financial services as an importantpart of economic reform. And because China’s economic development is unevenbetween East and West, there are still significant differences between urban and ruralareas, the development of the financial sector in rural areas is a relatively weak link,China’s financial system in order to establish a complete rural financial reform anddevelopment imperative. In addition, due to the relatively backward rural economy ingeneral, the development of rural finance is the core of economic development inrural areas, is bound to promote rural economic development, making China’ssocialist market economic system has been further improved, for the present, China’seconomic development is important. The current adaptation status of rural farmers inrural demand and the financial system is the future development of an inclusivefinancial system, which combines the features of our countryside and developed.On the financial status of rural-based, this paper describes the basic theoryrelated to inclusive finance, mainly introduces the connotation of inclusive finance,development, theoretical support and inclusive financial objectives and significancefor rural development in China. In this paper, as an object of study Qilin District inrural areas to do specific research shows that the impact of economic development ofthe region as well as in relation to inclusive finance made investigation and analysis,and summed up the problem encountered in the development of its inclusive finance,including Cape financial benefits unmet financial needs in rural areas, the lack ofdevelopment of financial institutions for sustainable development, the development ofinclusive financial environment is not perfect. And made deep to explore these issues,the main cause of these problems occur are: rural self-development lag, lack ofprofessional talent and technology, has long been restricted urban and rural financialstructure, financial institutions established in the rural areas is still not perfect in the development of the local government’s financial sector wrong intervention.In addition,the paper also inclusive finance rural development model of success abroad to do theanalysis and summary of experience, combined with current development QilinDistrict in rural areas, clear the area of future financial development objectives, toadhere to the majority of farmers from the provision of the recent financial service tostart, maintain its effective health and sustainability in the development process ofinclusive finance for government involvement and control applications in order toachieve a reasonable role it should play.Summed up as the basis for our country should establish an effective frameworkfor an inclusive financial system, and then come up with inclusive finance in China’svast rural countryside should be clear that the development model and strategicrequirements.