Study On The Influence Of The Development Of Inclusive Finance On Rural And Urban Income Gap In China

Since the reform and opening up, with the rapid development of China's economy, the problem of urban and rural development imbalance has become more and more serious, and the income gap between urban and rural residents in China has been gradually expanding. As an important part of China's financial system, rural finance has been in the weak position for a long time, and the rural financial problems has been be a key part of the problem of "agriculture, countryside and farmers". The financial resources concentrated in the city, the financial services in rural areas are relatively backward, the financial needs of the poor and other vulnerable groups in remote areas can not be met. How to reform the rural finance, how to improve the financial structure of two yuan in urban and rural areas, how to reduce the income gap between urban and rural areas, and how to establish a complete financial system which can take a practical role of economy in rural areas? The UN put forward the concept of financial inclusion,which pointed out that low income groups inclusion ought to be within the financial system,and expand service scope in the rural area, formed with the inclusive nature of the financial system, and that become the realistic path to solve the problem.Based on this, this paper fistly has sorted out the theory of rural Inclusive Finance and income gap, and has expound the connotation and significance of the rural financial inclusion, and then, this paper has carried on the analysis to our country rural Inclusive Finance Development Status and the income gap status between urban and rural areas. On the basis of that research,this paper has analysis the influence paths of the rural financial inclusion on the income gap between urban and rural areas. Based on the normative analysis, this paper constructs the inclusive rural financial index, and uses the fixed effect model to make an empirical analysis of the rural and urban income gap between inclusive financial development in rural areas, and finds the development of rural areas financial effectively has been narrowing the income gap between urban and rural residents in China. Finally, on the basis of theoretical analysis and empirical analysis, in order to promote the development of Inclusive Finance in rural areas and to narrow the income gap between urban and rural areas, the paper gives the corresponding policy recommendations.