Institutional Evolution,Development and Dynamic Trend of Microfinance Institutions in China
Based on a historical review and conceptual reconstruction of China's micro finance,this study first constructs multidimensional observation indicators for service coverage(geographic penetration),financial service,and operational sustainability,then scientifically analyzes the development status and dy-namic trends of new rural financial institutions and microcredit companies from 2008 to 2018,and finally explores the regional differences and practical obstacles in the development of micro finance.Research shows that during this period,the inclusive functions of micro financial institutions have been well im-proved,and the financial inclusiveness in different regions has significantly increased.However,their own operational sustainability continues to decline.The overall stability of the operation and development of new rural financial institutions is better than that of microcredit companies.At present,it is urgent to improve the policy support and legal regulatory system related to micro finance,promote diversified development of fi-nancial business according to local circumstances,strengthen risk warning and disposal methods,strengthen information disclosure,establish rating mechanisms,and consolidate the sustainable development foundation of micro financial institutions.
万方数据
维普
