Research On The Impact Of Financial Development On The Promotion Of Consumption In Rural Society In Sichuan Province

In the past 40 years of reform and opening up,China's economic construction achievements have made great progress both in quantity and quality.The outstanding performance is that the economic structure will be further improved to conform to the trend of continuous development of our society.However,with "stable growth,reform,restructuring,benefiting the people,and preventing risks",it has become the main tone of China's social and economic development,and China's economic growth mode and development mode will change.The traditional investment,investment,and net exports rely on investment,net exports,and the role of net exports in increasing GDP.The contribution of consumption to the promotion of GDP is constantly increasing.In terms of horizontal comparison,after2007,global economic growth has gradually shifted to the direction of increasing consumption levels.According to relevant data,the final consumption of the United States and South Korea in 2017 is 0.691,0.481,respectively,compared with 0.391 in China.From this data alone,it can be seen that in China's social and economic development,there is consumption suppression.From the economic development process of other countries in the world,consumption suppression is a long-term constraint to a country's economic growth.Located in Sichuan,one of the inland provinces in southwest China,there are inherent shortcomings in economic development compared with China's coastal areas.Consumption suppression is a prominent factor restricting economic growth.In line with the national development trend,Sichuan also has a long-term dual economic structure.The economic development of the city has many outstanding advantages compared with the rural areas.Therefore,the growth of urban residents' consumption is heavily dependent on the expansion of the economy and the proportion of consumption.Gradually stable.The time has come to try to improve the consumption level of rural residents in Sichuan and improve the quality of consumption of rural residents.In terms of the development of consumption,the academic community generally believes that the development of finance has an important impact.However,the influence,mode of action and approach of the two have their own views.What can be seen is that with the development of Sichuan's rural economy in recent decades,rural financial development has also made progressive achievements.But these achievements stillhave a long way to go to meet the needs of rural social consumption.However,the purpose of this paper is to explore the ways and influences of rural financial development on rural residents' consumption in the context of this region of Sichuan Province.On this basis,it is proposed that rural financial development in Sichuan Province will promote the substantial consumption of rural residents.Suggest.Based on the theoretical support,this paper will analyze the impact of rural financial development on household consumption by using the relevant data collected from Sichuan Province.The first is to retrospectively analyze the existing relevant research results at home and abroad,and draw the viewpoints related to the topic of this paper.At the same time,construct the theoretical model of quantitative analysis and lay the foundation for empirical analysis.Then,starting from the description of the status quo,using statistical means to collect the indicators and data,the rural financial development in Sichuan is divided into scale and efficiency,and the consumption level of rural residents is described by the total amount,structure and the gap between urban and rural areas.Through this method,the status quo of rural social and economic development in Sichuan Province will be clearly described.However,its goal is the actual operation of rural financial development and rural residents' consumption in Sichuan Province and the areas to be improved.According to the characteristics of threshold regression analysis,this paper chooses different indicators to explain and explain.The main purpose is to analyze the nonlinear relationship between rural financial development and rural residents' consumption in Sichuan Province.Then use the quantile regression analysis method to analyze the specific relationship between the two.According to the results of the analysis,the conclusions reached in this paper are four: First,the existing rural financial services and products in Sichuan Province can meet the needs of the current rural residents' consumption.However,for the existing efficiency,it leads to One of the important reasons for the insufficient consumption of rural residents is that rural financial development is less efficient.Second,the existing deposit size in rural areas of Sichuan Province has a significant hindrance to household consumption.The specific form of expression is that the consumption of rural residents is constrained by the long-standing consumption concepts and habits,and the demonstration of urban residents' consumption levels is more important.Third,the positive effect of rural financial development in Sichuan Province on promoting rural residents' consumption.It has not been fully revealed,that is,it does not guide the consumption of rural residents very well.Fourth,the gapbetween income and consumption level of urban and rural residents in Sichuan is further widening.The specific performance is the growth of the absolute value of the two,but the relative gap.It is constantly expanding.Finally,based on the previous qualitative and quantitative analysis results,strong targeted recommendations are proposed.