Evaluation And Research On The Development Of Rural Inclusive Finance In Central China

The reform and development of rural finance has always been playing an important role in our government,and it's of great significance to promote the development of rural inclusive finance to optimize the allocation of financial resources and speed up economic transformation and upgrading in rural areas.In the third plenary session of the 18 th CPC central committee,the government decided to develop inclusive finance in a national strategic degree.The state council has proposed to create a sound and diversified financial institutions system,innovate financial products and services,promote financial infrastructure,improve laws and regulations of inclusive finance and other plans.Besides the state council has required that the government of provinces,autonomous regions and municipalities should play a incentive role in the police guidance and strengthen public awareness of the education and the protection of rights and interests along with the ministries and the departments directly under the state council.Inclusive finance aims to help all those who need financial service but excluded from the traditional financial system to enjoy the service in diversified ways.The paper chooses the the rural area of central six provinces as the research object,because it has the prominent dual economic structure and the highest proportion of rural population,and it's the most important agricultural production base in China.So the study on the development of inclusive finance in rural areas of central six provinces can not only help its own rural finance,but also provide great experience for other rural areas'.Firstly,the paper briefly explained the background,purpose and significance of the research,summarized the research achievements of inclusive finance at home and abroad,and mentioned its innovation and deficiency.Secondly,it introduced the stages of the development of inclusive finance and its related theories,provided theoretical support for the following research.Thirdly,the paper conducted a study on the current situation of the central rural areas' financial inclusive from demand,supply,infrastructure construction and the government.Then it selected nine indexes of three dimensions to construct the evaluation system of rural inclusive finance development,got the inclusive financial index of the rural areas in central six provinces from 2009 to 2015,and analyzed the result.Fourthly,through a random variable model,the paper empirically analyzed the factors affecting the development level of the central rural inclusive finance.It founded that the main factors are farmers' income,information technology,transport facility and the fiscal agriculture expenditure.Fifthly,it summarized the experience to develop rural inclusive finance from three foreign successful cases.Finally,based on the above research,it proposed nine measures to optimize the development of rural inclusive finance in the central rural areas from four aspects.