Research On Regional Differences Of Inclusive Finance And Its Influencing Factors In China

“Inclusive Finance”was first proposed by the United Nations.Inclusive finance means providing financial services to all groups of the whole society to meet their financial services needs.The call of the corresponding UN General Assembly by the Chinese government has also introduced corresponding policy measures in China to accelerate the promotion of inclusive finance in China,improve the coverage,availability and satisfaction of financial services for financial institutions.The creation of a systematic inclusive financial system can effectively improve the availability of financial services and the quality of services that are partially excluded from traditional financial institutions.Therefore,it is of great practical significance to study and analyze the regional differences and influencing factors of inclusive financial in China.This paper first introduces the background and significance of the research,and then systematically reviews and combs the predecessor of inclusive finance,the connotation of inclusive finance.Since the economic level of economically developed cities in China's provinces is more developed than that of non-provincial cities,and the population is relatively concentrated,this paper analyzes the current situation of China's inclusive finance development at the national and inter-provincial levels,and further develops the economic development of China's provinces.The status quo of inclusive financial development in cities(provincial cities and planned cities)and other cities is analyzed.Next,the inclusive financial index is constructed from the economically developed cities of the country,the province,the provinces and other cities to measure the level of inclusive financial development.The calculation results show that the development level of inclusive finance in China has shown an overall upward trend in the past ten years.The inclusive financial level index in the eastern region is generally higher than that in the central and western regions,while the central provinces are generally higher than the western provinces;and the provinces are economically developed.The level of urban inclusive finance development is higher than that of economically underdeveloped cities.On this basis,because the development level of inclusive finance is affected by many factors,the panel data model research shows that:increase the amount of social fixed assets investment in each province,increase the mileage of highways in each province,increase the fiscal expenditure of each province,and increase the deposit and loan of each province.The conversion rate and the government's increase in minimum social security investment can improve the development level of inclusive finance.Moreover,increasing the financial expenditures of the provincial capitals,improving the economic development level of the provinces and the overall education level of the residents can effectively promote the inclusive financial level of the developed cities and other cities,and improve the financial development level of the underdeveloped cities can enhance his Hui financial level.