Traditional Culture Encyclopedia - Traditional stories - What are the meanings of inclusive finance and inclusive finance?

What are the meanings of inclusive finance and inclusive finance?

"inclusive finance" has been ringing in people's ears since 20 13. Many people don't know inclusive finance, so what is inclusive finance? Let's continue to watch.

What is inclusive finance?

Inclusive finance refers to providing appropriate and effective financial services to all social strata and groups with financial services needs at affordable cost according to the requirements of equal opportunities and the principle of sustainable business.

Special groups such as small and micro enterprises, farmers, urban low-income people, poor people, the disabled and the elderly are the key service targets in inclusive finance.

Vigorously developing inclusive finance is an inevitable requirement for China to build a well-off society in an all-round way, which is conducive to promoting the sustained and balanced development of the financial industry, promoting mass entrepreneurship and innovation, boosting the transformation and upgrading of economic development mode, and enhancing social equity and social harmony.

20 18 On August 5th, the China inclusive finance Innovation Report (20 18), which was compiled by the National Finance and Development Laboratory in cooperation with the National Party Media Information Platform and Weizhong Bank, was released in Beijing. On June+10, 5438, the China Insurance Regulatory Commission of the Bank of China issued an excerpt from the China inclusive finance Development Report.

What is the meaning of inclusive finance?

Inclusive finance attaches great importance to eliminating social poverty, but this does not mean that inclusive finance is a charity activity for low-and middle-income groups. Pan Guangwei, Chairman of the Party Committee of China Banking Association, stressed that inclusive finance is not a public welfare and aid, but a way to help the beneficiaries improve their hematopoietic function, adhere to the sustainability standards of commercial services, adhere to the close combination of socialization and support policies, and constantly improve the incentive and restraint mechanism to ensure the sustainability of the development trend. Inclusive finance must attach importance to the standards of sales market, and in the whole process of developing the trend of inclusive finance, it must meet the requirements of many people, so as to effectively benefit the suppliers.

That's all. I hope it helps you.