Research On Financial Poverty Alleviation In Biyang County

Poverty alleviation has always been an important work content of the Chinese government.The results of poverty alleviation work are directly related to the realization of China's ambitious goal of "guaranteeing development and promoting harmony".Finance is one of the core competitiveness of a country.The financial system to help poverty alleviation is a useful exploration of poverty alleviation in the new era.In March 2016,the State Council Leading Group Office for Poverty Alleviation and Development and other seven departments jointly issued the "Implementation Opinions on Financial Assistance for Poverty Alleviation",proposing to "closely focus on the basic strategy of "precise poverty alleviation and precision poverty alleviation",and comprehensively improve and enhance financial services for poverty alleviation.To enhance the accuracy and effectiveness of financial services for poverty alleviation." As an important tool to promote poverty alleviation,"financial poverty alleviation" began to be promoted nationwide.In this context,financial institutions represented by banks have gradually become an important force in poverty alleviation and have taken on more and more poverty alleviation responsibilities.According to the 2017 China Banking Social Responsibility Report released by the China Banking Association,as of the end of 2017,the basic financial service coverage rate of impoverished counties in administrative villages has reached 95.83%;the model of financial poverty alleviation has become more diverse.As a major measure in poverty alleviation,"financial poverty alleviation" has provided strong support for winning the fight against poverty.Biyang County is located in the central part of Henan Province and was recognized as a provincial poverty-stricken county in 2011.In response to the spirit of the central poverty alleviation work,the county mobilized the county's strength in 2016 to comprehensively promote financial poverty alleviation.After more than two years of solid progress,the poverty alleviation work has achieved outstanding results: the overall poverty incidence rate in the county has dropped significantly,the poverty-stricken households' loan acquisition rate has increased significantly,the poverty-stricken population has been decreasing year by year,and no povertystricken households have returned to poverty.While affirming the achievements of Biyang County's financial poverty alleviation work,the problems that arise in the financial poverty alleviation work deserve our attention.In the process of financial poverty alleviation,Biyang County faces major problems: the financial total poverty alleviation funds are small,the funding period is unreasonable,the financial institutions are facing higher risks and the poor households do not know the financial poverty alleviation work.In response to these problems,in the next stage,Biyang County should increase efforts to improve the research and development of financial products for poverty alleviation,strengthen the business level of grassroots financial workers,and improve the level of refined supply of funds to ensure that poverty reduction effects can be sustained.Studying the role of "financial poverty alleviation" in poverty alleviation work in Biyang County and the problems exposed,it has considerable reference value for the local government and financial institutions to carry out the work,and has certain significance for consolidating poverty alleviation results.Biyang County is a microcosm of China's vast rural areas.It summarizes Biyang's financial poverty alleviation experience and can provide some reference for similar areas in the country.Poverty alleviation is a systematic and long-term work.Financial poverty alleviation is one aspect of poverty alleviation work.It needs to be summarized and improved,and relevant theories and practices should be enriched and improved.