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Abstract Based on the concept of financial inclusion in the financial system， this paper constructs China’s provincial index of financial inclusion so that the financial inclusive development level can be estimated comprehensively. The measuement results show that most of financial inclusive levels in China are in the range of 25% to 35% and an increasing trend from west to east is expressed. Based on the measurement of the provincial financial inclusion level， the paper uses provincial panel data and systematic generalized moment estimation method to analyze the existence of positive social effect between financial inclusion and poverty alleviation. The empirical results show that financial inclusion plays a role in poverty alleviation through economic growth； there is a stable positive relationship between financial inclusion and poverty alleviation； and the improvement of financial inclusion level is conducive to the alleviation and elimination of poverty. The policy implication of this paper is that we should strengthen the construction of financial infrastructure and ensure the regional balance of the development of China’s inclusive finance system while regulating the standard of inclusive finance industry； financial inclusion should play a positive impact on the poverty alleviation and the low-income groups should be ensured to benefit from financial services； and we should strive to enhance the financial services level of small and medium-sized enterprises.
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Received: 22 November 2017
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2017, Vol. 56 
