The Research On The Impact Of Internet Finance On Inclusive Finance In China

Inclusive Finance footholds on Equal Opportunities and Business Sustainability principles to provide effective financial services to groups with financial services at affordable costs and play an important role in reducing poverty and achieving inclusive economic growth.G20 Hangzhou summit for the first time put forward the concept of "digital Inclusive Finance",advocated the use of information and digital technology to improve financial services coverage,availability and satisfaction,to promote Inclusive financial development.Internet finance from the beginning of the birth of Inclusive characteristics,but in the development process has a certain alienation.On the one hand,the Internet finance to play the advantages of information technology to make up for the traditional financial services short board for the development of Inclusive financial power;the other hand,"brutal growth" of Internet finance for the deviant departure from time to time,Inclusive financial development has brought severe challenges.Therefore,the study of the relationship between Internet finance and Inclusive Finance is of great significance.This paper mainly studies the relationship between the two from the perspective of Inclusive financial paradox,and provides a feasible path for the development of Inclusive Finance.In this paper,the quantitative analysis and qualitative analysis,theoretical analysis and empirical analysis of the combination of the method of Inclusive financial paradox under the perspective of Internet finance impact Inclusive financial development approach and mechanism in-depth analysis.The article first explains the theoretical mechanism of Internet financial impact Inclusive Finance,and analyzes the path of Internet finance to Inclusive Finance from the perspective of Inclusive financial paradox.And then based on Peking University Internet Financial Index and Peking University Digital Inclusive Financial Index to describe the status of the two and found that Internet finance and Inclusive Finance has a high degree of relevance.This paper makes an empirical analysis of how internet finance affects Inclusive financial development.The empirical results show that the Internet finance does promote the development of Inclusive Finance,and this promotion is achieved through the elimination of financial exclusion,different regions,different Internet financial model for the development of Inclusive financial differences,China's Internet financial development as a whole The phenomenon of target offset.Finally,the author puts forward some countermeasures and suggestions for the development of Inclusive Finance from three aspects:internet attribute,financial attribute and technology attribute of internet finance.