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Financial inclusion, financial education, and e‐commerce in rural china

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  • Calum G. Turvey
  • Xueping Xiong

Abstract

This letter examines the state of financial inclusion in rural China. It shows that despite China's efforts at being financially inclusive there is substantial variability across and within provinces. With strong reliance on electronic technologies, China's rural and farm communities use internet technologies only half as much as all users, and less than 2% access credit through the internet. From a policy perspective, China should address problems of financial education and rural credit access.

Suggested Citation

  • Calum G. Turvey & Xueping Xiong, 2017. "Financial inclusion, financial education, and e‐commerce in rural china," Agribusiness, John Wiley & Sons, Ltd., vol. 33(2), pages 279-285, April.
    • Handle: RePEc:wly:agribz:v:33:y:2017:i:2:p:279-285
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    File URL: http://hdl.handle.net/10.1002/agr.21503
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    References listed on IDEAS

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    1. World Bank, 2003. "Rural Financial Services : Implementing the Bank's Strategy to Reach the Rural Poor," World Bank Publications - Reports 14677, The World Bank Group.
    2. Xiong, Xueping & Turvey, Calum G. & Li, Chongguang, 2013. "Financial Inclusion and Rural Financial Services in China," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151275, Agricultural and Applied Economics Association.
    3. Beck, Thorsten & Demirguc-Kunt, Asli & Martinez Peria, Maria Soledad, 2007. "Reaching out: Access to and use of banking services across countries," Journal of Financial Economics, Elsevier, vol. 85(1), pages 234-266, July.
    4. Chakravarty, Satya R. & Pal, Rupayan, 2013. "Financial inclusion in India: An axiomatic approach," Journal of Policy Modeling, Elsevier, vol. 35(5), pages 813-837.
    5. Mandira Sarma, "undated". "Index of Financial Inclusion," Indian Council for Research on International Economic Relations, New Delhi Working Papers 215, Indian Council for Research on International Economic Relations, New Delhi, India.
    6. Beck, Thorsten & Levine, Ross & Loayza, Norman, 2000. "Finance and the sources of growth," Journal of Financial Economics, Elsevier, vol. 58(1-2), pages 261-300.
    7. Turvey, C. G., 2017. "IFAD RESEARCH SERIES 10 - Inclusive finance and inclusive rural transformation," IFAD Research Series 280048, International Fund for Agricultural Development (IFAD).
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    Cited by:

    1. Yu, Lili & Niu, Ziheng & Gao, Yang & Tian, Borui, 2019. "Support policy preferences of grain family farms: evidence from Huang-huai-hai plain of China," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 23(5), October.
    2. Kouladoum, Jean-Claude & Wirajing, Muhamadu Awal Kindzeka & Nchofoung, Tii N., 2022. "Digital technologies and financial inclusion in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 46(9).
    3. Guo‐Hua Cao & Jing Zhang, 2022. "The entrepreneurial ecosystem of inclusive finance and entrepreneurship: A theoretical and empirical test in China," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 1547-1568, January.
    4. Sotirios Zygiaris, 2022. "The Impact of Innovation Systems on E-commerce Capacity," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 276-289, March.
    5. Lee, Chien-Chiang & Lou, Runchi & Wang, Fuhao, 2023. "Digital financial inclusion and poverty alleviation: Evidence from the sustainable development of China," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 418-434.
    6. Zhao, Chunkai & Wu, Yaqian & Guo, Jianhao, 2022. "Mobile payment and Chinese rural household consumption," China Economic Review, Elsevier, vol. 71(C).
    7. Warda Najeeb Jamal & Rana M. Zahid Hafeez & Owais Shafique & Razi Razzaq & Gulfam Asif & Muhammad Waqas Ashraf, 2021. "Impact Of Microcredit Finance On The Socioeconomic Status Of The Underprivileged Populace Of Punjab: Through The Mediating Effect Of Knowledge Sharing Ability And Financial And Legal Awareness," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 10(4), pages 113-125, December.

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