Research On Inclusive Finance In County Region

Shanxi Province is famous for its coal resources,but the traditional resource-consuming development is not sustainable,and the transformation development is an inevitable requirement.In the GDP ranking of all provinces in China,Shanxi Province continues to lag behind,and the industry relying on coal resources is too single,which leads to the constant loss of local population after the coal is almost exhausted.From the internal perspective of Shanxi Province,the geographical location and resource endowment are not the same,the distribution of financial resources in each region is also quite different,especially the development of rural finance is not uniform.Contains 11 cities in Shanxi Province,the vast rural areas,the number reached more than 2000,but the body of the financial system is still state-owned commercial Banks,there are serious monopoly,and the degree is not enough,the development of rural financial market competition is relatively insufficient,lead to enterprise financing channel is not selective,too much reliance on bank loans,Both companies and banks are exposed to greater risks.To foster a perfect inclusive finance network at county level,in order to promote inclusive finance forward,in shanxi county finance development process to occupy an important seat.Therefore,this paper studies the inclusive finance level in Shanxi Province.In order to have a detailed understanding of the development of inclusive finance in Shanxi Province,this paper divides Shanxi Province into 11 regions in Shanxi Province,Datong,Shuozhou,Xinzhou,Taiyuan,Yangquan,Jinzhong,Luliang,Changzhi,Linfen,Yuncheng and Jincheng,according to the administrative divisions of the prefecture-level city,Data related to inclusive finance at county level from 2015 to 2019 were collected.Using variation coefficient method to analyze and evaluate pratt&whitney financial development level of county,Shanxi Province,and empirically tested using panel data model the main factors that affect the level of financial development of Shanxi Province county pratt&whitney,to find and improve the corresponding influencing factors,aims to balance the differences between regions,improve the level of county in Shanxi Province as a whole pratt&whitney financial.The research finds that the development in Shanxi Province is backward compared with that in the eastern region,but it has begun to actively explore the field of inclusive finance.Taiyuan city of Shanxi Province shows a unique trend.Other prefecture-level cities and counties in Shanxi Province radiate inclusive finance development with Taiyuan as the core.Income gap between urban and rural residents,logarithm of per capita GDP,loan-deposit ratio,financial correlation ratio and national education level have significant impact on the combination of the development level of inclusive finance.