Research On The Development Mechanism Innovation And Measure Of The Inclusive Finance In Changting County

In 2005,when the United Nations system promoted the year of microcredit,the concept of inclusive finance was originally proposed to provide appropriate and effective financial products and services at affordable cost to vulnerable groups,such as small micro enterprises,farmers and low-income groups in urban and rural areas.The development of inclusive finance is helpful to solve the problems of"three agriculture",alleviate the difficulty of loans of farmers and small enterprises,and reduce the gap between urban and rural areas.Changting County as the provincial "financial poverty demonstration County" in Fujian province,the government and financial institutions actively innovate the development mechanism of inclusive finance,devote themselves to the disadvantaged groups such as small micro-enterprises,farmers and low-income groups,and make great achievements,innovate financial products,innovate the credit guarantee mode of the marketing cooperatives,and forest the mortgage loan mode.Therefore,this study intends to study the development mechanism innovation of the general benefit Finance of Changting County,summarize some successful experiences of its development,and analyze the problems existing in it,and put forward relevant policy suggestions to encourage changting county and other places in China better development finance.This study first reviewed domestic and international research results on microfinance,financial exclusion,inclusive finance,and measurement related theories.Then,based on inclusive finance related theories,a field survey of the current development of inclusive finance in Changting County was conducted.From the perspective of the government and financial service providers,the two sides introduced their innovations in the development mechanism in more detail:the government helped to innovate the external guarantee mechanism for inclusive finance,financial institutions made great efforts to innovate the mortgage guarantee mechanism,product innovation mechanism,and service mechanism;Then use factor analysis to measure the degree of financial inclusion in Changting County to verify the hypothesis that as Changting County actively adopts innovative mechanisms to carry out inclusive finance in recent years,its degree of financial inclusion increases year by year,indicating that its inclusive financial development mechanism innovation initiatives can give Area provide experience;and analyzed and found that there are deficiencies in the development of inclusive financial institutions in Changting County in the enthusiasm of large commercial financial institutions to participate in inclusive finance,agricultural insurance,the ability of new-type rural financial institutions to support inclusive finance,and local financial support capabilities,and finally,proposals on policies deficiencies,to promote better development of inclusive financial Changting County.