Research on the Inclusive Finance of rural Development Based on Internet Finance in China

Abstract

In June 2006, new regulation of Chinese land reform introduced that part of the rural land use rights can be secured loans which would help promote inclusive finance of rural development in China. Since the rise of Internet finance in 2013, and it began to accelerate penetration of rural areas. In virtue of its low cost and convenient operation, Internet finance could promote vigorously the growth of inclusive finance of rural development. The paper analyses the development of inclusive finance of rural development in China and difficulties that have had firstly, then it analyses that how Internet finance affects inclusive finance of rural development from three aspects. In the end of the paper, it puts forward several suggestions to promote the growth of inclusive finance of rural development by using Internet technologies.