Calculation of Inclusive Development Index of Inclusive Financeand Its Impact on Targeted Poverty Alleviation

The marketization and policy of inclusive finance provide an entry point for the development of precision poverty alleviation work, practice inclusive finance, explore the coordinated implementation path of financial assistance for precision poverty alleviation has become a common unit in China to win the fight against poverty aims. This paper constructs the general benefit by using eight indicators, such as the number of banking institutions per 10 000 square kilometers and the ratio of deposits to GDP of financial institutions in 2004—2018, from the three dimensions of geographic dimension, population dimension and utility. The financial inclusion development index system measures and estimates the development level of inclusive finance in 27 provinces, municipalities directly under the Central Government and autonomous regions. Under this premise, multiple linear regression analysis, fixed effects and random effects models are used for empirical analysis, and the impact of the inclusive development of Hui Finance on precision poverty alleviation are disscussed. The conclusions show that each explanatory variable has different degrees of influence on the explained variables in different models, inclusive finance plays a positive role in promoting poverty alleviation, at the same time, accurate poverty alleviation also accelerates the development of rural financial reform.