Research On The Measurement And Influencing Factors Of Inclusive Financial Development In Guizhou Province

In recent years,the development of inclusive finance in Guizhou Province has achieved remarkable results.The level of credit support for inclusive finance has continued to improve,ranking first in the country.The financial infrastructure has been gradually improved,the financial promotion economic ecological environment has been continuously optimized,the insurance wealth management business has been continuously expanded,the development of science and technology in the financial field and the wide application of financial digital technology have been continuously improved and developed,but we should still be realistic,The overall development level of inclusive finance is still low,and there is still much room for improvement.First of all,financial institutions do not attach importance to inclusive finance,the coverage rate of financial institutions set up for business handling is not sufficient,and the division and function of inclusive finance handling are not clearly divided and the responsibility requirements are not clear.Therefore,the service quality of the outlets that financial institutions can cover is relatively low,and the work efficiency is also relatively low,which can not really benefit more target demand groups.Secondly,the traditional financial service products are single and lack of pertinence,and the number of characteristic financial products designed for residents in poor areas and small and micro enterprises is insufficient,which exacerbates the situation of backward financial development and financing difficulties for small and micro enterprises.In addition,the types of traditional financial service products are isolated and uncorrelated,and there are few typical financial products for residents and small and micro enterprises in poor areas,which aggravates the lag of economic development and financing,and increases the difficulties of small and micro enterprises and target groups in using products and services.Second,the government support in the field of inclusive finance is insufficient,especially the lack of policy support for the establishment and development of new financial institutions.Finally,low credit activity,imperfect credit system and imperfect loan guarantee mechanism for small and micro enterprises restrict the development of inclusive finance in Guizhou Province to some extent.Based on the above reasons,this thesis measures the development level of inclusive finance in Guizhou Province and analyzes the influencing factors in order to promote the sustainable development of inclusive finance in Guizhou Province.This thesis is divided into five chapters to analyze and explain the development level of inclusive finance in Guizhou Province and its influencing factors.The first part mainly introduces the research background,significance,ideas,methods and possible innovations and deficiencies of this thesis.The second part collects and collates relevant literature and materials of current domestic and foreign research on the measurement of the development level of inclusive finance and the factors affecting the development of inclusive finance,and focuses on the definition of inclusive finance and relevant theoretical basis.The third part expounds and reflects on the current development situation and existing problems of inclusive finance in Guizhou Province,and establishes the inclusive finance development indicator system of Guizhou province with 10 specific indicators from three aspects of inclusive finance penetration,service availability and utility,and then measures the development level of inclusive finance in Guizhou province through entropy method.Guizhou inclusive Finance Development Index(IFI)was obtained.In the fourth part,based on the inclusive finance development index and 7 indicators that will affect the development of inclusive finance in Guizhou Province and the specific data of the development of inclusive finance in 9 cities and states of Guizhou Province from 2011 to 2021,the panel data regression model is used to conduct regression analysis and stability test on the factors affecting the development level of inclusive finance in Guizhou Province and each city and state.The fifth part summarizes the main conclusions of this thesis,and based on the previous theoretical research and empirical conclusions,combined with the actual situation and characteristics of Guizhou Province at the present stage,puts forward countermeasures and suggestions in line with the development significance,in order to provide a certain reference for Guizhou Province to continue to vigorously develop the inclusive financial system,promote economic growth and solve the problems of people’s livelihood in the future.