HE Dexu,MIAO Wenlong：Financial Exclusion, Financial Inclusion and Inclusive Financial Institution in China

Abstract：Inclusive finance is proposed for the blocked economic development in the background of financial exclusion.So, rather than the so-called persistent financial aid and subsidy policy, the design and implementation of an effective inclusive financial system must also necessarily solve the problem of financial exclusion. The main types of financial exclusion in China are economic development strategy, financial institutional arrangements, financial market structure, dominated social relations, and risk assessment constraint.Solving the problem of financial exclusion and improving financial inclusion must make the financial system break existing bottlenecks of financial risk management and own such function that provides fair financing opportunities for projects which are valuable for the development of the society.In order to truly develop inclusive finance, it is essential to adjust existing financial system, to improve risk management, and to promote stratification and the degree of competition in financial market.The basis for the effective implementation of these methods is still fair and efficient legal system and credit system.

Key words： Financial Exclusion    Financial Inclusion    Inclusive Finance

source:Finance & Trade Economics ,No.3,2015