Research On Financial Targeted Poverty Alleviation In Ledu District,Haidong City,Qinghai Province

Targeted poverty alleviation has entered a critical stage,and finance is playing an increasingly important role in promoting the poverty-stricken people getting rid of poverty and the sustainable development of the regional economy and society.Ledu District,Haidong City,Qinghai Province is a national poverty county,and it is also an area where many ethnic groups inhabit such as Han,Tibetan,Mongolian,Hui,and Tu.In addition,it is one of the key areas for poverty alleviation and development in Liupanshan Area.It is a very large impoverished region with a deep degree of poverty,and the poverty returning rate is very high.Therefore,whether it is possible to fundamentally resolve the issues of poverty and poverty returning during the “13th Five-Year Plan” period presents a huge challenge to the entire society.The People's Bank of China,as the leading agency for financial poverty alleviation,plays a guiding role in assisting financial support for targeted poverty alleviation to achieve the goal of overcoming poverty,which is of great importance and significance.Under the new situation,how to construct the theoretical framework of financial services and poverty alleviation in impoverished areas to achieve the innovation of the model and path is worthy of further exploration.Although the current financial targeted poverty alleviation work in Ledu District of Haidong City,Qinghai Province,has achieved initial success,the difficulties,contradictions and problems during which are inevitable.How to effectively play its policy role in the phase of poverty alleviation in a comprehensive way and achieve the goal of getting rid of poverty and further development needs to be further studied.Moreover,it is of reference value for the poverty alleviation in similar poverty-stricken areas.Therefore,the paper takes Ledu District of Haidong City,Qinghai Province as the research object,combining with the author's own job and the actual situation of Ledu District,analyzes the solutions to the difficulties and problems together with causes of the current financial support for targeted poverty alleviation from the perspective of central bank policy support.The per capita GDP,urbanization rate,supply of credit funds and other indicators are selected to construct a multivariate measurement modeland a white test is performed on the regression results.The research shows that increasing the supply of credit funds has positively contributed to accelerating poverty alleviation,and can effectively promote the targeted poverty alleviation in Ledu District so that the poverty-stricken population can truly achieve poverty alleviation on time.