Research On The Influence Of Beijing-Tianjin-Hebei Inclusive Financial Development On Regional Economic

The coordinated development of Beijing-Tianjin-Hebei is an important development strategy in China.Inclusive finance can make up for the shortcomings of traditional financial institutions,bring preferential financial services to low-income people and small and micro enterprises,improve the allocation of financial resources,and bring new impetus to the coordinated development of Beijing-Tianj in-Hebei economy.During the important strategy of coordinated development of Beijing-Tianjin-Hebei,studying the impact of inclusive financial development on economic development has an extraordinary significance for the coordinated development of Beijing-Tianjin-Hebei regional economy.The article firstly combs relevant literatures at home and abroad,and studies the current situation of the relationship between inclusive finance and economic development at home and abroad,and then analyzes the development path of inclusive finance from micro finance,microfinance and inclusive finance.And then put the inclusive finance on the theoretical basis of economic development.Secondly,it analyzes the development status and existing problems of inclusive finance and economy in Beijing,Tianjin and Hebei.In order to measure the degree of development of inclusive finance,from the two dimensions of financial service availability and financial service use,we use the actual economic data of the Beijing-Tianj in-Hebei region from 1999 to 2017 to calculate the inclusive finance of the Beijing-Tianj in-Hebei region.According to the index,the data shows that the inclusive financial indices of Beijing,Tianjin and Hebei are growing year by year,but there is a problem of uneven development.On this basis,the panel regression analysis of the Beijing-Tianjin-Hebei region using the fixed-effects model reveals that the development of Beijing-Tianj in-Hebei inclusive finance will promote regional economic growth.Finally,based on the empirical results,combined with the actual situation of the Beijing-Tianj in-Hebei region,suggestions on how to promote the development of inclusive finance in the Beijing-Tianj in-Hebei region:First,the government should ensure that there is a comprehensive set of laws and regulations to strengthen financial infrastructure.At the same time,financial education will be carried out in depth to let the public understand and participate in the construction of inclusive finance.Second,financial institutions should lower market access standards,increase the scope of service objects,encourage financial innovation,carry out mobile finance,and stimulate financial consumption.Third,individuals should actively participate in financial markets and participate in financial activities with a positive attitude.Small and micro enterprises should also strengthen internal management and improve the internal mechanism of enterprises to bring convenience to the development of inclusive finance.