Research on the Promoting Role of Rural Financial Innovation in Rural Economic Growth under the Rural Revitalization Strategy

Abstract

The Rural Revitalization Strategy is a major strategic measure to solve the "Three Rural Issues" in China, and rural financial innovation plays a crucial role in this process. This paper deeply analyzes the internal relationship between rural financial innovation and rural economic growth, elaborates in detail on the main models and development status of rural financial innovation, explores its promoting mechanism for rural economic growth, including aspects such as improving the efficiency of resource allocation, promoting agricultural industrialization, and facilitating the upgrading of rural consumption. At the same time, it analyzes the challenges faced by current rural financial innovation, and based on theoretical analysis, puts forward targeted policy suggestions. The aim is to provide theoretical support and practical guidance for further promoting rural financial innovation and achieving the sustainable and healthy growth of the rural economy.