Research and Exploration of Inclusive Finance on the Transformation of Agricultural Development

School of Economics and Management, Shandong Agricultural University, Tai’an, Shandong, China

^* Corresponding author: z2065560987@outlook.com

Abstract

This article systematically reviews the correlation mechanism and research progress between inclusive finance and agricultural development transformation. Research shows that inclusive finance supports agricultural transformation through three mechanisms: technology penetration, resource allocation optimization, and regional balanced development. The literature points out that inclusive finance can effectively alleviate the financing constraints of farmers, but it requires supporting policies such as government subsidies and the popularization of digital technology to avoid the digital divide and debt risks. There are two shortcomings in current research: firstly, excessive focus on economic benefits while neglecting ecological impacts; Secondly, there is a lack of long-term dynamic analysis. Future research should focus more on the actual needs of farmers, strengthen financial inclusiveness, and avoid one-sided pursuit of coverage. The marginal contribution of this paper resides in elucidating the function of inclusive finance within agricultural transformation and underscoring the necessity for financial instruments to be deeply integrated with real-world development demands.