Measuring The Level Of County Inclusive Finance And The Analysis Of Factors

At present,the inclusive financial development level has Achieved a certain degree of improvement in our country,but with the rapid development of social economy there is still large gap.At the same time,The characteristic of regional distribution is obvious about inclusive financial,compared with the economically developed urban areas,the inclusive financial development level of county is generally low,this imbalance seriously hinder the process of inclusive financial coordination development.Therefore,when to promote coordinated development of inclusive financial,we should focus on the area of the county.Jiangsu provincial government actively respond to the call of our country,promote the inclusive financial development,branches and loans from financial institutions,jiangsu financial service level on the high side,by the end of 2014,the number of financial institutions is 12759,and increasing,the number of employees up to 228567,they have high comprehensive quality and more specialization,the provincial financial institutions'loan is 7.2 trillion,year-on-year growth of 11.7 percent,focus on agriculture field.Jiangsu provincial government introduces a number of specific measures in counties,to promote the development of inclusive financial.By the end of 2014,each county has 135.7 bank branches,in terms of agricultural field,loan is 22.43 billion,and 1.8 billion invest to the relatively underdeveloped area of the north of JiangSu Province.But,in the process of the inclusive financial development,unbalanced development phenomenon is increasingly prominent,financial institutions tend to some developed area and provide some service to local customers.So this paper focuses research the county inclusive finance,measure the inclusive financial development and evaluate the factors with 44 counties of JiangSu Province as samples.The paper futherly analyses the basic situation of financial development in JiangSu Province.we use the annual data of 2009-2014 as the empirical sample,measuring the inclusive financial development level of 44 cities in Jiangsu Province by factorial analysis.The results show that,inclusive imbalance in financial services,regional differences,the highest is 0.757 of KunShan,the lowest is-0.609 of PiZhou.The characteristic of regional distribution is obvious,the high level areas of inclusive finance mainly concentrate in the south of Jiangsu Province,low level areas of inclusive finance mainly concentrate in the north of Jiangsu Province.Considering the inclusive financial development level of Jiangsu Province has the characteristic of regional,the traditional methods may exist deviation,so this paper analysis the factors of inclusive financial by spatial econometric model,Through the empirical analysis found that inclusive financial development level and the level of economic development,internet penetration,education popularity and highway mileage that there was a positive correlation between the negative correlation with the income gap between urban and rural areas,urban and rural residents income gap,the lower the level of financial development.On this basis,measures should be taken to give consideration of to neighborhoods' inclusive financial development,coordinate regional economic development,decrease income gap between urban and rural areas,raise education popularity,expand internet penetration,so as to promote the development of inclusive finance together.