Abstract
In today's rapidly developing financial products and services, various financial products and services meet the basic financial needs of the public. However, in many developing countries, there is still a great number of people who are unable to access the most basic financial products and services, such as opening their own bank accounts, using online payment services, obtaining credit and insurance, etc. Therefore, the promotion of inclusive finance is particularly important which is of advantage to promote economic growth and poverty reduction, enhance social justice and social development, and strengthen the economic security of individuals and families. This essay tries to discusses the favorable and unfavorable reasons for the development of inclusive finance, as well as the impact of inclusive finance development, which using of reference to research on the inclusive finance implementation. This essay aims to spread awareness of inclusive finance and make people correctly aware of the importance of financial products and services and the necessity of promoting inclusive finance.
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