Study On Rural Inclusive Finance In Alar

Since its proposal in 2005,inclusive finance has attracted the attention of policy makers,experts and scholars at home and abroad.The concept of inclusive finance was introduced into China in 2006,and has made rapid development in China since then.In 2013,the third plenary session of the 18 th central committee of the communist party of China formally included the development of inclusive finance in the party's programmatic document,which indicated that the "development of inclusive finance" has become a national strategic measure.Inclusive finance is committed to providing fair and effective financial products and services for all sectors of society.Inclusive finance has played an important role in enhancing social welfare,improving the living standards of residents in rural and poverty-stricken areas,eliminating the urban-rural gap and supporting the development of small and micro businesses.This paper takes the xinjiang production and construction corps division facility alar nine round field as the research object,through the questionnaire survey from the farmers basic situation,the usage of financial products and services,financial institutions service situation,the financial needs at present situation,the farmer awareness of financial services in five aspects of the alar rural inclusive finance development has carried on the investigation,according to world bank design inclusive financial index system,selected the official account,regular savings and formal credit as indicators,from the three sides facing the alar rural inclusive financial development level to carry on the comprehensive evaluation.The results show that the development of rural inclusive finance in alar is characterized by high formal savings,low formal accounts and low formal credit.Then,on the basis of the survey data,empirical analysis is applied to analyze the micro-factors influencing the development of inclusive finance in alar rural areas from five aspects,including the gender,age,family income,education level and basic financial knowledge.Regression results showed that female group,low-income groups,low education group and lack of basic financial knowledge group is the alar rural inclusive finance social vulnerable groups in the process of financial development,at the same time these groups are also rural inclusive financial development target groups,these groupsactive in the local rural areas,rural inclusive financial development is of vital significance,given full attention to respond to these groups.Then combined with the research results and the empirical analysis result,inclusive finance in rural areas are the alar female participation in financial activities is low,farmers own lack of funding,education level restricted the rural financial development,financial knowledge,low penetration rate,network coverage is low,the financial environment and poor infrastructure,and the problems of rural financial institutions in the service level is not high;According to the alar inclusive rural financial problems put forward should strengthen the women's participation in the independence of the financial activities and ideas,and promote rural economic development,pay attention to the education level of farmers,universal basic financial knowledge,improve the network coverage in rural areas,strengthen financial environment and infrastructure construction,improve the level of rural financial institutions service seven suggestions,in order to effectively promote the development of rural inclusive financial efficiency.