Research On Rural Financial Reform Based On Supplying View

According to the State Statistics Bureau's initial forecast, China's newly increased demand for fund of new rural construction has reached a total of 15 to 20 trillion yuan or so by 2020, and it' s obvious that finance will take the responsibility. Currently, the existing rural financial main problem is the supply of financial restraint. Commercial finance is reluctant to get involved in, therefore it directly reduces credit funds inputs for the " agriculture, countryside and farmer"; Lack of cooperative financial support for agriculture can't meet the needs of financial services for the" agriculture, countryside and farmer" economic development ;The urbanization of rural funds dramatically reduces supply intensity of rural support; The active folk debit and credit increases the debt burden of farmers and rural financial risks. Generally speaking, China's regional economy has shown the pattern of strong East -weak West, strong city-weak country. Accordingly, the writer divide will divideChina's regional financial supply model into four categories: (1) Competition in the market-based regional financial supply model. (2) Moderate-led government regional financial supply model. (3) Government-supporting regional financial supply model. (4) Differences in urban and rural areas of the financial supply model. China is a large country, the rural financial reform should reflect regional differences, different levels of economic development in the eastern, central, and western regions, the different emphasis of financial demands and forms of financial supply in modern rural areas, developing rural areas and less developed rural areas. Eastern and modern rural areas mainly focus on commercial finance, the central and developing rural areas focus on cooperative finance, western regions and less-developed rural areas focus on policy finance and cooperative finance.This thesis analyzes the operating mechanism of rural credit agency reforming into joint-equity bank, rural cooperative bank and joint-equity and cooperative bank, furthermore, and explores the features of the future development of the credit agency in the mode of community banks. The writer particularly illustrates the features, functions and risks of such folk financial main forms in the small loan company.On the innovation of rural finance supply forms, the writer proposes the establishment of rural banks, rural financial investment companies, and the Chinese characteristics of rural land bank .Financial institutions have three access into the rural areas, direct access, indirect access, and agency-based access models. However, only agency-based access model suits China's national conditions. We can use experience that Citibank of the United States issues bonds for Mexico "financial share" companies to achieve the issue of rural long-term construction funds and bonds, and asset securitization innovations. The basic thoughts of designing the rural financial reform should include the followings: First, establishing a financial support system suits new rural construction, development of the rural economy ; Secondly, establishing an open and orderly competition system in rural financial markets; Thirdly, establishing the rural-oriented financial system in which includes a clear financial support and the strong operation of commercialization ;Finally, establishing rural joint-equity financial system which contains a clear defined property rights and sound corporate governance structure.