An Analysis of Development Level of Financial Inclusion in Xinjiang——Based on the Financial Inclusion Development Index

doi:10.16716/j.cnki.65-1030/f.2018.05.002

Abstract

Abstract: Based on learning from domestic and foreign method, this paper calculates the inclusive development index of 15 regions in Xinjiang with area reality in Euclidean distance method. Based on this, this paper analyzed the inclusive development level and existing problems in each area under three dimensions: accessibility, usage and quality of financial services. It pointed out some factors about business sustainability, the lower development level of inclusive finance in southern Xinjiang, the backwardness of country-level inclusive finance development, consumer literacy to be promoted, and provided policy recommendations for improvement.

Key words: Xinjiang, Inclusive Finance, Financial Inclusion Development Index , Euclidean Distance Method

CLC Number:

F832.7

Ma Hong, Ayinuer·yibureyimu, Fan Juntao. An Analysis of Development Level of Financial Inclusion in Xinjiang——Based on the Financial Inclusion Development Index[J]. Finance & Economics of Xinjiang, 2018, (5): 15-24.

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An Analysis of Development Level of Financial Inclusion in Xinjiang——Based on the Financial Inclusion Development Index

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