The Impact Of The Imbalance Of Urban And Rural Financial Development On The Income Gap Of Residents In China

It is the first time The Party's 17 th National Congress report explicitily put forward that it is necessary to create conditions for more people to own property income.It's a important strategy the Party propsed to promote the economic and social development well and fast when the economic growth and prosperity and growing income of residents.This new formulation has affirmed the legitimacy of people's property income and indicated that property income will become an important part of people's income.It also indicated that The Central Committee of the Communist of China concerns the increasing of the people's diversified income and the shares of the fruits of development success to more people.From the study of Chinese and foreign scholars,the financial development has a huge impact on the income of residents.So this paper is trying to analyze from the perspective of unbalanced fiancial development of urban and rural areas make effects residents property income.This paper through theoretical and empirical analysis to reveal the relationship between the unbalanced financial development and the unbalanced property income in order to put forward reasonable suggestions for China's comprehensive construction of a well-off society in 2020.In the first chapter,the background and significance of the topic and the present situation of the research are introduced.The second chapter is mainly about the definition of the property income,and then through the data to analyze the current situation of the gap between urban and rural residents property income,and then use the Gene coefficient analysis.The third chapter mainly from the two dimensions of data and theory to analyze the unbalance between China's urban and rural financial development.The fourth chapter is the main content of this paper: the first part is to analyze the influencing mechanism between unbalanced financial development ande the unblanced property income of urban and rural residents.The second part is the establishment of VAR model and analyze the interactional relations through a series of empirical analysis.The fifth chapter is to put forward some suggestions for the impacts of unbalanced financial development to unbalanced property income.Through the above analysis,the following conclusions are included in.Firstly,from the perspective of the property income of urban and rural residents,urban and rural residents' property income growth is very rapid.However,there are still some downsides like small base,low ratio,single and unreasonable source structure,large gap between urban and rural property income and so on.Secondly,from the perspective of the non equilibrium of the urban-rural financial development,this paper use three indicators,we can conclued the urban and rural financial development speed is very fast,but the development of rural finance unable to keep pace with the development of urban finance form three indicators.Thirdly,the backwardness of rural financial development will widen the property income gap between urban and rural residents.By consulting a large amount of literature,there are no experts and scholars to study the impact of financial development on the imbalance of the property income gap.Due to the difficulty of finding the data about rural areas,few scholars have defined the scope of the city and the countryside.So this paper can be said to be the inheritance and innovation of the series research on the influence of financial development on income gap.