Financial Inclusion Empowers Case Study Of Rural Revitalization In Lankao County,Henan Province

In 2005,the concept of Financial inclusion was officially launched.Since then,with the help of the United Nations,many places in the world have carried out the exploration of new financial models.Practice shows that the development of Financial inclusion helps to improve the access,use and satisfaction of regional financial services,so as to reduce poverty,improve people’s livelihood and promote the economy.In 2015,China issued the Development Plan for Promoting Financial inclusion(2016-2020),which raised Financial inclusion to the national strategic level.Under the general environment of the country actively promoting Financial inclusion,the report of the 19 th National Congress of the Communist Party of China proposed the strategy of rural revitalization.As a major Grand strategy project of the country,rural revitalization has a large amount of funds invested.In the development,we need not only to rely on the protection of financial funds,but also the tilt of financial resources.Financial inclusion,as a more equitable and efficient method of allocating resources,can effectively address the demand for funds in rural revitalization.The Central Committee of the Communist Party of China and the State Council have proposed in multiple meetings and policy documents to increase financial support for rural revitalization,and have tirelessly explored it in practice.In addition,there are few relevant studies on the county Financial inclusion enabled rural revitalization cases in the existing studies.Studying the practice path and constraints of Financial inclusion enabled rural revitalization can provide development ideas and demonstration guidance for other regions to use Financial inclusion to enable rural revitalization.Therefore,it is absolutely necessary to study the case of Financial inclusion enabled rural revitalization.This paper takes Lankao County,Henan Province,the first national level Financial inclusion reform pilot area in China as the research object for in-depth analysis.Since the pilot area was successfully declared in December 2016,through continuous trial and innovation,the development of Financial inclusion in Lankao County has achieved certain results,and various economic indicators are improving,but there are also some problems to be solved in the development process.Therefore,It is of great practical significance to clarify the system mechanism and practice path of Financial inclusion enabling rural revitalization in Lankao County,and deeply analyze the constraints of its development.This paper uses the literature analysis method,case analysis method and data analysis method,refers to the relevant literature at home and abroad and combs the relevant theories of Financial inclusion and rural revitalization,combines the case introduction to explore and analyze the problems existing in the process of Lankao County Financial inclusion empowering rural revitalization,and finally comes to the conclusion that the top-level design of Financial inclusion is not perfect,the driving force of financial institutions is insufficient The poor effect of multi entity credit collaborative governance and the challenge of Financial inclusion digital innovation will restrict the development of Financial inclusion enabling rural revitalization.Through case analysis,this paper proposes to accelerate the legislative process of Financial inclusion,establish an effective credit collaborative governance system,solidly promote the digital inclusive process and improve the financial literacy of rural residents.