Research On Targeted Financial Poverty Alleviation In Zhangye City

It has been five years since general secretary Xi Jinping put forward the concept of "targeted poverty alleviation" in 2013.It is less than two years before 2020 when China will complete the building of a moderately prosperous society in all respects.No matter what stage poverty alleviation is,it is indispensable to inject funds.Injecting funds into poor areas and people through financial poverty alleviation can effectively make up the deficiency of financial poverty alleviation.Therefore,financial poverty alleviation plays an increasingly prominent role in poverty alleviation work.Zhangye city,which is located in hexi corridor of gansu province,is a typical representative of the underdeveloped area in western China.Taking zhangye city as the research object,this paper investigates the current situation of targeted financial poverty alleviation in zhangye city by taking advantage of the internship in zhangye people's bank.The survey found that although the targeted poverty alleviation in zhangye city has achieved some results,there are still many problems.From the perspective of supply side: 1.Financial institutions are small in size,with low autonomy and high operational risks;2.The single supply entity is difficult to meet the demand of poor areas;3.The rural credit system is not sound and the risk compensation mechanism is not perfect.From the perspective of demand: 1.Poor farmers' low financial knowledge level and weak sense of poverty alleviation lead to low demand for targeted financial poverty alleviation;2.Poor credit environment and high default risk discourage financial targeted poverty alleviation;3.Small scale of enterprises in poor areas,weak anti-risk ability and imperfect financial management system;4.Imperfect financing guarantee mechanism.Therefore,this paper believes that: increase the financial knowledge popularization,improve the credit environment;Optimizing the financing guarantee means and promoting the rural land reversal;Accelerating the construction of risk compensation mechanism;Increase the autonomy of financial institutions in targeted financial poverty alleviation;We will increase support for rural mutual aid cooperatives and increase targeted financial poverty alleviation measures with the non-bank sector as the mainstay.