Research On The Rural Inclusive Finance Of Guangdong Province And Its Influencing Factors

In recent years,social,economic and political problems caused by Uneven Income have become increasingly prominent,and Uneven Income has gradually become a major problem facing all countries in the world.In the search for solutions,the "Inclusive Finance" proposed by the United Nations in 2005 has attracted widespread attention from countries around the world,especially developing countries.As the opposite of Financial Exclusion,Inclusive Finance aims to make rural residents,the urban poor,small and medium-sized micro enterprises and other groups excluded by traditional financial institutions enjoy high-quality financial services conveniently,quickly and with dignity.Inclusive Finance has developed rapidly in China both in theory and in practice.Financial regulators also put forward the work requirements for financial institutions to develop Inclusive Finance,and require rural cooperative organizations to regularly report on the content and effectiveness of inclusive finance.Inclusive Finance has become an important indicator to evaluate the work of financial institutions.Under this background,how to evaluate the level of inclusive financial services in rural areas more scientifically and objectively? What factors affect the level of inclusive financial services in rural areas? What is the transmission mechanism of influence? How should rural cooperative organizations promote inclusive finance? These are very worthy of study.Based on the data of rural cooperative organizations in Guangdong Province from 2014 to 2017 and the yearbook data of various regions in Guangdong Province,this paper constructs the evaluation index of rural inclusive financial service level,introduces COV-AHP method,determines the weight of each index,and then obtains the evaluation index of rural inclusive financial development in 17 regions in Guangdong Province from 2014 to 2017.It is found that the ratio of daily average deposit to local GDP,the ratio of daily average loan to local GDP,the number of bank cards owned by each farmer and the balance of deposit per capita of permanent residents are the most important four indicators in the evaluation system of rural inclusive financial development level.Due to the development of institutional restructuring,credit risk elimination and other work,the level of inclusive financial services in rural areas of Guangdong Province showed a trend of first restraining and then improving in 2015 and 2017.The level of inclusive financial services in rural areas in different regions is also different.In the Pearl River Delta,the level of inclusive financial development in rural cooperative institutions is the highest,followed by that in northern Guangdong,then the western Guangdong,and the lowest in northern Guangdong.The restructuring of rural cooperative institutions in Guangdong has achieved substantial results,effectively reducing their credit risk and improving their profitability.The level of inclusive financial services in rural areas has also begun to rise up?Secondly,according to the level of rural inclusive financial services in different regions and the macro data of different cities,this paper makes an empirical study on the influencing factors of the level of rural inclusive financial services.The results show that: from the perspective of the whole province,the level of inclusive financial services of rural cooperative institutions is significantly positively affected by local financial expenditure,financial competition environment and local industrial structure;the level of inclusive financial services in rural areas of Guangdong Province is affected by different factors due to different regions and the support to the agriculture,countryside and farmers.And the level of economic development in the east,northwest and northwest of Guangdong Province has a great impact on finance subsidy,and the sustainability of operation needs to be improved.At present,the support of rural cooperative institutions to agriculture,rural areas and farmers still depends on the financial support.Finally,this paper summarizes the results of the evaluation index system,and puts forward policy suggestions according to the significant factors.