A Study On The Development Of Rural Pratt & Whitney Finance In The Financial Opening Of Yunnan Province

The concept of inclusive finance is to effectively and comprehensively provide financial services to all social classes and social groups, in order to reach the people from poor areas and small enterprises who are not considered within the financial system, to provide them with the opportunities to receive the financial services with fair prices and convenience. The party’s eighteen plenary session officially includes the ‘development of inclusive finance’ into <The CPC Central Committee’s Decisions about Several Significant Issues of Deepening the Reform Comprehensively>.What is more, Yunan Province has first put its effort on developing the inclusive finance, and as a result, the coverage of financial service has been greatly improved gradually during the past few years.The State Council has agreed upon the <The Overall Scheme about Establishment of the Border Comprehensive Financial Reform Test Area in Yunnan and Guangxi>,which has been regarded as a great opportunity for the development of inclusive finance in rural areas of Yunan Province.By analyzing the development of inclusive finance from the Yunan Province,especially the current condition in the rural area during the past few years, a few problems such as demand,supply and policy support have been discovered among the development of inclusive finance. The im of this thesis is to borrow the framework of inclusive finance, with a point of view from the financial supply and demand, by including large number of research and statistical data, to analyze the demand and supply based on current condition of the inclusive finance in the open area of Yunan Province within the rural area, since so far, there is an imbalance between the supply and demand of the inclusive finance,such as deficiency of farmers’ and medium-sized and small enterprises’ ineffective demand,rigidity of financial institutions’ management system,weakness of awareness based on “country,agriculture and farmer”,the lacking of innovation on financial service and product and so on. At the end of the thesis, few suggestions will be put up with respect to the issues regardingthat more effort should been put into the political support to improve the financial demand in rural area, more reforms into financial institutions should been put forward to provide more effective financial supply, and for rural financial institutions, different supervision system and more political support should been considered to afford the‘three problems about countryside, agriculture, and farmers’ with more scope of development.