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- W2366556138 abstract "Inclusive finance was proposed by UN in 2005,International Year of Microcredit,to enable the poor to have the same financial service as the rich. Nevertheless,the development of China's rural finance still lags behind inclusive finance in low coverage of rural financial organizations,the weak sustainability of development of rural financial organizations,and the limited accomplishment in eliminating poverty in rural areas. This paper believes that innovations should be made in the path of inclusive finance in China's rural areas. For example,normal agricultural financial organizations should establish the financial network of high coverage in rural areas. New rural financial organizations should expand source of funding while reducing the credit cost so as to realize sustainable development. Rural insurance should have rural reinsurance and catastrophic risks dispersion system to reduce rural poverty. Furthermore,financial infrastructure construction should be further strengthened and better outer environment should be set up for the development of inclusive finance in China's rural areas." @default.
- W2366556138 created "2016-06-24" @default.
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- W2366556138 date "2014-01-01" @default.
- W2366556138 modified "2023-09-28" @default.
- W2366556138 title "On the Development Dilemma and Transition Pathway of Inclusive Finance in China's Rural Areas" @default.
- W2366556138 hasPublicationYear "2014" @default.
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