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Journal of Agriculture ›› 2018, Vol. 8 ›› Issue (5): 91-94.doi: 10.11923/j.issn.2095-4050.cjas18040007

Special Issue: 现代农业发展与乡村振兴

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Development Competitiveness of Rural Financial Industry in Jiangsu: Based on Factor Cluster Analysis

  

  • Received:2018-04-08 Revised:2018-04-24 Accepted:2018-04-25 Online:2018-05-18 Published:2018-05-18

Abstract: To analyze the competitiveness of the rural financial industry in Jiangsu, the author conducted factor analysis and cluster analysis on its development in 30 counties. By establishing an evaluation index system, the empirical study was carried out after the original data were processed. The results indicated that the development level of rural financial industry competitiveness in Jiangsu was 0.316, which was at a relatively low level. Based on the cluster analysis which divided the 30 counties into 4 categories of regions, it can be observed that the development levels in various regions differed sharply, and the overall rural financial industry competitiveness throughout the province remained to be improved. At last, the author proposes some measures to improve the development level of rural financial industry competitiveness in Jiangsu, such as developing non- bank financial institutions, reforming the management system in rural credit association as well as strengthening the supervision and management of rural financial credit.