Analysis of Policy Financial Assets Model under the Concept of Rural Revitalization in Xinjiang

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Airong Yang, Yong Xia

Abstract

In recent years, with the rapid development of rural finance in Xinjiang, the problem of resource allocation and support has become increasingly prominent, which restricts the development of rural economy in Xinjiang. Based on this, this paper combs the policy financial asset model under the concept of Rural Revitalization in Xinjiang, and defines the concept of rural financial deepening. This paper analyzes the current situation of rural financial deepening in Xinjiang, and theoretically explains the reasons of rural financial repression in Xinjiang. This paper constructs a comprehensive evaluation index system of financial deepening and carries out empirical analysis. The results show that the total financial investment in Xinjiang has played an important role in promoting the deepening of rural finance, and the effect is very obvious. However, in the process of rural financial deepening in Xinjiang, the two dimensions of financial structure and financial efficiency did not play their due role, but became obstacles to its deepening.

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