Research On The Influence Of The Development Of Inclusive Finance On The Income Gap Between Urban And Rural Residents In Qinghai Province

Finance is an indispensable part of modern economic society,the core of modern economy and the booster of economic development.After decades of development,China's financial sector has made great achievements,but the financial system is still not perfect,the financial resources allocation is not balanced,which will affect the economic development and expand the gap between China's rich and poor.In 2005,the United Nations put forward the concept of inclusive finance,which provides useful ideas for the development of finance in China.The goal of inclusive finance is to benefit farmers and small businesses,so that rural residents,low-income groups and small and micro businesses who are excluded from the traditional financial system can enjoy due financial services with dignity.To some extent,inclusive finance improves the deficiencies of the previous financial system and enhance the equity of financial services for all social strata.Qinghai is a multi-ethnic and underdeveloped province.In June 2016,with the approval of the head office of the people's bank of China,Qinghai province was set up as the country's first provincial-level pilot financial inclusion reform zone,and pilot work was carried out.The development of inclusive finance plays a positive role in gradually eliminating the urban-rural dual structure,narrowing the income gap between urban and rural residents and maintaining social equity and stability.Therefore,it is of actual meaning to study the influence of the development of inclusive finance on the income gap between urban and rural residents in Qinghai province.Firstly,this thesis summarizes the existing literature from three aspects: the concept of inclusive finance,the measurement of development level and its impact on the income gap between urban and rural residents.on the basis of summarizing the inclusive financial and related theory of urban and rural residents income gap,and analyzes the inclusive financial development on the direct and indirect effect mechanism of the income gap between urban and rural areas.Then the development status of inclusive finance in Qinghai province is described and analyzed statistically.Then based on the selected availability of financial services and financial services using two dimensions of eight indicators built inclusive financial development index system of Qinghai province,according to the measure of 8 city in Qinghai province in2012-2018 inclusive financial development index,and carries on the overall analysis and contrast analysis of each state,found that inclusive financial development in qinghai province showing a low level of development but a rising trend overall levelof financial development;The development of inclusive finance in Xining city is at a relatively high level,and the gap between different cities is large.Thirdly,This thesis makes a statistical analysis of the urban-rural income gap in Qinghai province,and finds that the urban-rural income gap in Qinghai province is still large and the decreasing range is not significant in recent years.Finally,Fourth,in order to deeply explore the impact of the development of inclusive finance on the income gap between urban and rural residents in Qinghai province,this thesis then use fixed effects model of Qinghai province in 2012-2018,inclusive financial development studies empirically the influence of the urban-rural income gap,the empirical results show that the inclusive financial development in Qinghai province is significantly narrow the gap between the income of urban and rural residents.Finally,the thesis is according to the results,combining with the situation of Qinghai province,policy Suggestions are put forward from the following aspects: making full use of policy advantages,improving the inclusive financial system,increasing economic investment and policy support to the western and southern rural areas of Qinghai province,and strengthening the awareness of financial demanders to accept appropriate financial services.