The Benefit of Manufacturing Industry in Henan Province to help Targeted Poverty Alleviation

• Guo YU ^[4] ; Jinhuan CHEN ^[1] ; Weijian LI ^[2] ; Weiming CHEN ^[3]
  1. [1] University of Technology

     University of Technology

     Rusia

     
  2. [2] Australian National University

     Australian National University

     Australia

     
  3. [3] University of Arizona

     University of Arizona

     Estados Unidos

     
  4. [4] Zhengzhou University of Aeronautics

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• Localización: Revista de Cercetare si Interventie Sociala, ISSN-e 1584-5397, Vol. 70, 2020, págs. 333-353
• Idioma: inglés
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• Resumen

  • Targeted poverty alleviation is the development of rich industrial resources in the central and western regions, bringing considerable economic benefits and achieving poverty alleviation. Henan is an important economic province in China, and its GDP ranks fifth in China, which is the first in the mid-western regions. In the context of targeted poverty alleviation, we will vigorously develop manufacturing and improve the living conditions of residents. This article systematically sorted out the status and constraints of the manufacturing industry in Henan Province, the relevant policies and measures of Henan’s financial support for the real economy, and SWOT in detail from the aspects of changes in financial aggregates to analyze the relevant results of the manufacturing industry’s efficiency improvement. Overall, the total amount of financing in Henan continues to expand, the financing structure continues to improve, financing costs tend to decline, and financial support for the real economy has achieved significant results. In addition, the research has practical significance for improving the economic efficiency of the manufacturing industry.