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Academic Journal of Humanities & Social Sciences, 2023, 6(22); doi: 10.25236/AJHSS.2023.062218.

Research on the Impact of Inclusive Finance on Economic Growth

Author(s)

Chen Xiang, Lv Peng

Corresponding Author:
Chen Xiang
Affiliation(s)

School of Economics and Management, Shaanxi University of Science and Technology, Xi’an, 710021, China

Abstract

Since the outbreak of the global epidemic in 2020, although the current epidemic has been greatly controlled, but the global economy is still greatly affected by the financial inclusion put forward by the main idea is to make all social classes and groups can fairly enjoy the financial services, not only to the large-scale enterprises with strong capital to provide a variety of types of financial products and financial services, but also to make the "three rural" and small and medium-sized enterprises and other low-income groups to fairly enjoy the savings, settlement, loans and other required financial products and financial services, to a certain extent, to solve the problem of financial exclusion provides a good way. "Three rural" and small and medium-sized micro-enterprises and other low-income groups to enjoy a fair savings, settlement, loans and other required financial products and financial services, to a certain extent, to solve the problem of financial exclusion provides a good way to promote the current poor environment of economic growth. This paper mainly from a theoretical point of view, combined with China's financial inclusion in various regions of the development level, so as to roughly analyse the impact of financial inclusion on economic growth.

Keywords

Inclusive finance, Economic development, Financial exclusion

Cite This Paper

Chen Xiang, Lv Peng. Research on the Impact of Inclusive Finance on Economic Growth. Academic Journal of Humanities & Social Sciences (2023) Vol. 6, Issue 22: 103-107. https://doi.org/10.25236/AJHSS.2023.062218.

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