The Research On The Implementation Of The Financial Policy Of Promoting The Financial Inclusion By Changchun Municipal Government

In recent years,China has been promoting the supply-side reform of the financial industry.Under the guidance of the socialist system with Chinese characteristics,China has also explored a path suitable for the supply-side development of China’s financial industry,and in the process of reform,inclusive finance has been taken as the key reform content.In order to meet the needs of China’s financial integration with international standards and rapid development,the ability of financial services to the real economy must be substantially improved;Accelerating the development of inclusive finance is also becoming an essential development factor--inclusive finance is an effective means to promote the economic empowerment of small and micro businesses and the poor.In January 2016,The State Council issued the Document "Promoting the Development Plan of Inclusive Finance(2016-2020)",which emphasizes the need to implement the development strategy of inclusive finance from a national perspective.In July 2020,General Secretary Xi Jinping once again emphasized the need to accelerate the construction and improvement of inclusive financial system when attending the financial Work Conference,so that inclusive financial system can truly serve the real economy,thus speeding up the process of China’s financial reform.The CPC Central Committee and The State Council attach great importance to the development of inclusive finance,and ministries and commissions around the country have issued a series of relevant policies.The state has actively promoted the development of inclusive finance from top to bottom and achieved certain achievements.Inclusive finance has the property of quasi-public goods,and the effective allocation of financial resources cannot be realized only by market mechanism.In China’s economic development,the demand for inclusive financial services in various industries is gradually increasing,and the current situation that the supply is less than the demand leads to the exclusion of low-income groups and small and micro enterprises from the scope of services.In view of this,the government must use relevant means to change the situation.As the supervisor and promoter of the implementation of financial inclusion policy,the government must play a guiding and promoting role.Changchun municipal government and departments at all levels actively responded to the national call to jointly promote the implementation of inclusive finance policies,and the development of inclusive finance in Changchun has achieved initial results.This paper analysis the government push pratt &whitney financial background and research significance,to promote pratt &whitney financial research and analysis on the implementation of the Changchun city government established the fundamental key external environment,combining with the pratt &whitney financial development planning(2016-2020)"file on interpretation,combining with the current Chinese government is committed to promoting the policy basis of pratt &whitney financial reform measures To summarize the research literature of relevant scholars;Secondly,from the perspective of relevant concepts and theoretical definitions,this paper focuses on the theoretical concepts used in this paper,including financial inclusion policy,public policy implementation,government intervention theory and Smith’s four-factor policy implementation theory,which provides theoretical basis for research and analysis of this paper.From the perspective of the financial inclusion policy,this paper mainly reviews the implementation of the financial inclusion policy in China since 2013,and divides the direction of the implementation of the financial inclusion policy by taking the financial inclusion system proposed by General Secretary Xi Jinping at the National Financial Work Conference in July 2017 as the time node.Then it introduces the current situation and effectiveness of Changchun Municipal government in promoting the implementation of inclusive finance policy as well as the problems in the implementation process of inclusive finance policy in Changchun.Finally,based on the four-factor theory,literature research method and investigation method,the paper analyzes the implementation of research objects from the four perspectives of idealized policy,target group,policy implementation environment and implementation agency,and summarizes the shortcomings and reasons in the implementation process.Based on the above background and research methods,targeted optimization strategies are proposed in the hope that the conclusions of this paper can improve the implementation effect of inclusive finance policies in Changchun.