Effect Research Of Inclusive Finance Education On Financial Targeted Poverty Alleviation

Since the Eighteenth National Congress of the Communist Party of China(CPC),the CPC central committee and state council attaches great importance to poverty alleviation and development work,it is proposed that "by 2020,under the current standard of our country,the rural poor are lifted out of poverty,and all the poverty-stricken counties take off their hats to solve the regional overall poverty".In December 2013,6 innovation mechanism and 10 key work were put forward in that central deployment of poverty relief development,which required improve the financial relief service mechanism in terms of innovation and financial products and services,promotion of rural financial cooperation,improvement of anti-poverty discount loans,further promotion of small credit loans,etc.In November 2015,general secretary Xi Jinping put forward new requirements for the financial poverty alleviation work under the new normal at the conference on poverty alleviation and development."we should do a good job in this article and accelerate the reform and innovation of rural financial reform".However,due to the fact problems of limited financial knowledge level of rural residents,distortion of financial services,etc.Rural financial development is difficult,the credit availability of the peasant household is too low,the financial service coverage cost is higher,the risk is not controlled,and the credit knowledge popularization is not in place,which has long plague the financial development in county area,and the accumulated weak area is basically stagnant,so as to talk about the construction of the rural financial system.In 2008,in order to promote the financial literacy of poverty-stricken people in poverty-stricken counties and the service level of grassroots financial practitioners,to promote rural financial reform,to improve the availability of financial products and services,to improve the level of county financial development,to promote the development of county economic growth and per capita income,and to promote the development of national poverty alleviation and development,China financial education development foundation launched a public welfare project,"Jinhui Project".On the basis of "Jinhui Project",with eight "Jinhui Project" implementationof the county as the sample data,this paper makes an empirical analysis of the relationship between education and county financial development,county financial development and poverty alleviation respectively using Va R model,fixed effect model and random effect model,and puts forward some policy suggestions on improving the poverty alleviation effect of education.The main contents are as follows:First,on the basis of the description of the relevant domestic and international research on education,financial development,poverty alleviation and economic growth of rural finance,the paper introduces the theoretical analysis framework of the financial development of inclusive financial education to boost the financing of poverty alleviation,and the research on the development of financial development through financial development of education.Second,in the course of the empirical analysis,the explanation variables of the loan balance are chosen to explain the change of GDP,total industrial value,total agricultural output value,and per capita disposable income of rural residents.The results show that the county financial development has a promoting effect on growth of county economy and poverty alleviation.The paper selects the total number of farmers,financial practitioners,village cadres,primary and middle school students and teachers to analyze the impact on the loan balance.It was found that the random effect model had better explanatory power and fit to the model data,and the results showed that the number of farmers,financial practitioners and rural cadres who had been trained in Inclusive finance education had a significant impact on the loan balance.Finally,combining with "Jinhui engineering" and inclusive financial education situation in poverty-stricken areas,this paper puts forward some countermeasures and Suggestions in order to promote rural financial literacy and the common development of county finance and the county economy,as soon as possible to take off the poverty cap and approach toward riches.