Measurement Of The Development Level Of Index Of Financial Inclusion In Shandong Province And Its Influencing Factors

The development of inclusive finance is conducive to stimulating the consumption of low-and middle-income households in China and the economic operation of small and medium-sized enterprises,which has played an important role in promoting domestic economic development.After more than ten years of development,the concept of Inclusive Finance has also gradually expanded,covering areas such as finance,securities and insurance gradually.For the measurement of inclusive financial level,scholars at home and abroad have not reached a consensus.Domestic scholars tend to focus on the macro level for measuring the level of inclusive finance,but specific articles on measurement of inclusive financial level in certain cities in a certain province are still in the minority.From the perspective of meso-level,it measures the development level of Inclusive Finance in 17 cities in Shandong Province from 2006 to 2015,studies the development of inclusive finance from the perspective of regional finance,and analyzes the influencing factors.Drawing on the existing research results,this article starts from the three perspectives of theory,status quo,measurement model construction and empirical analysis,and studies the level of inclusive finance in Shandong Province.And researcher empirically analyzes several factors that have a large impact on the level of inclusive finance in Shandong Province.In theory,this article elaborates on the concept and development of inclusive finance and basic theory of inclusive finance.In terms of the status quo,this article explains the basic economic situation,financial development,development achievements and problems in Shandong Province.In terms of empirical analysis,this paper draws on previous research results,selects a new evaluation index system,measures the inclusive financial level of each city in Shandong Province,and analyzes from a quantitative perspective:(1)Development of Inclusive Finance in 17 cities in Shandong Province The level is in the middle-upper level.(2)There is a difference in the level of Inclusive Financial development level among the cities.Finally,researcher selects eight factors as variables and then uses the Grey Correlation Analysis Method to analyses the interactions,the variable such as urbanization level and education level.Finally,researcher found that the variables obtain the grey correlation degree ranking results.In view of the current situation of inclusive financial development in Shandong Province,this article proposes to strengthen investment in fixed assets,start from the whole process of the project,and do a good job of supervision.People also should do a good job of complementarity between regional cities and give play to the leading role of large cities when promoting the convenience of transportation.For "people-oriented",we should promote the level of urbanization through the creation of a "personality" and multi-level urban industrial system.Using the Internet to promote Inclusive Financial construction development will actively guide the extension of digital Internet facilities to rural areas and make risk monitoring under big data.