An Analysis Of The Development Of Inclusive Financial Development In Rural Areas Of Anhui Province And Its Influencing Factors

2020 is a crucial year for the realization of a well-off society in an all-round way.The ability of the rural population to lift poverty out of poverty is the key to building a well-to-do society.The inclusive financial policy is an important measure to help the rural poor get out of poverty.Its implementation is related to achieving the goal of a well-off society in an all-round way.To achieve this,the development of inclusive finance is highly valued by the country.At the Third Plenary Session of the 18 th CPC Central Committee in 2013,the concept of “inclusive finance” was formally introduced.In 2016,inclusive finance was included in the “Plan for Development of Inclusive Finance Development(2016-2020)”.It is strongly supporting the development of inclusive finance.The basic connotation of inclusive finance is to “provide financial products and services to all groups of society,especially those groups that are vulnerable to financial exclusion,such as poor people,disadvantaged groups,small and micro enterprises,etc.” Among them,the poor and vulnerable groups are mainly concentrated in In rural areas,therefore,rural areas and rural residents have become key service targets in the development of inclusive finance.As a major agricultural province,Anhui Province has experienced weak development in rural areas.Some remote areas cannot effectively enjoy financial services.In regions with high economic development,there is a problem of excessive concentration of resources.In order to solve the problems in the course of rural development,the Hui Finance has become an important measure.In recent years,Anhui Province has been actively promoting inclusive financial policies to provide financial services to rural areas.Overall,financial support for agriculture has achieved good results and the level of financial services has continued to increase.However,imbalances in the supply and demand of financial services and problems of financial exclusion still exist.In order to better promote the development of rural inclusive finance in Anhui Province,we need to understand the current level of rural inclusive finance in Anhui Province and what factors will affect the development of inclusive finance in rural areas.This paper uses qualitative and quantitative methods for the rural population in Anhui Province.The development level of Huihui Finance was measured and the influencing factors were analyzed.Based on the theory of inclusive growth,endogenous financial growth theory and rural financial development theory,this paper analyzes the achievements made in the development of inclusive financial development in rural areas of Anhui Province and the problems existing in the development process.Then use qualitative and quantitative methods to construct a reasonable index system,use the improved level analysis method COV-AHP to determine the index weights,and calculate the development level of inclusive finance in rural Anhui based on inclusive financial development index.Finally,the selection of influencing factors is selected to analyze which factors affect the development of inclusive finance in rural areas.The research results show that: First,rural inclusive finance in Anhui Province is still at a medium-to-low level,but overall it shows an upward trend.Second,according to the empirical analysis of the influencing factors,it can be obtained that macro environment and investment environment factors will affect the development level of rural inclusive finance.However,the influence of macro environmental factors on the development level of inclusive finance is a gradual process,and the impact of the latter stage is even greater.The investment environment can improve the development level of inclusive finance in rural areas in the short term.Third,the development of inclusive financial development has a positive impact on the macro-environment,indicating that the development of inclusive financial development will have a positive impact on the level of economic development,government support,and informationization.Through analysis,there are still problems such as unbalanced service,unsound system,and unbalanced supply and demand in the development process of inclusive finance.Combined with the empirical analysis of the factors affecting rural inclusive finance,this paper improves the investment environment,improves the macro environment,and actively develops.Starting from the perspective of rural insurance and perfecting laws and regulations,we will increase the availability of people’s financial products and services and further promote the development of inclusive finance in rural areas.