Study On The Influence Of Digital Transformation Of Inclusive Financial Business Of Beichuan County Rural Credit Cooperatives On Its Business Performance

Since the reform and opening up,China has made great progress in the economy.However,due to China's vast territory and complex terrain,economic development in remote areas lags far behind first-and second-tier cities.In order to promote the development of remote areas and backward towns,help local residents get rid of poverty and improve their quality of life,China has begun the prelude to fight against poverty.Many studies have shown that inclusive finance can effectively improve the productivity of poor people and improve their quality of life by means of "borrowing eggs and laying eggs".Although Pratt&Whitney Finance can help the poor to get rid of poverty and get rich,the development of inclusive finance is greatly restricted.The financial resources of inclusive financial institutions still have a higher quality of life,good financial status and management.The situation of non-low-income people is tilted,and a large number of poor people who need funds have difficulty accessing financial services through normal channels Due to information asymmetry and incomplete information,financial institutions face the problem of information collection cost,information screening cost and operating cost.The operation of inclusive financial institutions is difficult to continue.In order to solve these problems,the concept of digital inclusive finance emerged.Digitizing inclusive finance,reducing the cost of information circulation,saving the cost of each loan,and providing profit margins for financial institutions'inclusive business.In 2014,Beichuan County Rural Credit Cooperatives began to implement the digital transformation strategy of inclusive financial business,opened up the practice and experiment of digital inclusive finance in backward urban areas,and provided research materials for the development of digital inclusive finance in China.This paper hopes to observe whether the digitization of inclusive financial business has a positive impact on the organization's operation by studying the changes in the performance of credit unions before and after the digital transformation of Beichuan County Rural Credit Cooperatives.This article has conducted many visits to Beichuan County Rural Credit Cooperatives.A clear and thorough understanding of the entire process of transformation,the main problems encountered during the period and how to solve these problems,provide empirical materials for the digital transformation of rural credit cooperatives in other regions.At the same time,the main financial data was obtained in Beichuan County Rural Credit Cooperative for research on business performance.This paper uses the data envelopment model(DEA)to analyze the financial data of Beichuan County Rural Credit Cooperatives from 2012 to 2018 and conduct business performance evaluation.It is found that,after the digital transformation of the inclusive financial business,the business performance of Beichuan County Rural Credit Cooperatives is better,and the fluctuations are reduced and more stable.