The Study On Reform Path Of China's Rural Credit Cooperatives

According to the theory of Financial Development, financial intermediary organizations and the growth of economic are mutually reinforcing. For China, the development of agriculture is relatively backward. Rural financial institutions are not very sound natural. How do we complete the reform according the characteristics of China's rural areas, is the focus of this study. Through this study, we make the rural credit cooperatives really adapt to the rural financial market. By the reform of rural credit cooperatives, we will promote rural economic growth.This article summed up the analysis results of previous research, in conjunction with the country's experience which get successful results of rural cooperative financial to analysis the character of rural credit cooperatives in my country and make some suggestion to the reform of success of the country engage in the experience of advanced analysis of rural credit cooperatives. This paper have four chapters to study the reform of rural credit cooperatives.The first chapter discusses the current development of China's rural credit cooperatives and their impact on the importance of agricultural development. This chapter introduces the current status of China's rural credit cooperatives, their property rights, historical burden and whether rural credit cooperatives adapts to rural financial market. First of all, for the property settings, this article mainly introduce the lack of the really owner of rural credit cooperatives and the wrong issues that the business owners to serve on. In the absence of the owner of the questions found on China's Rural Credit Cooperatives under the surface of all members in all, in fact no real owners, clients operating in the elaborate process of dislocation, Talk about a credit cooperative operators, because its director appointed to the superior leadership, so the main cause of its Services in the administration on a higher level. Secondly, to use some data from some province, to descript that the historical burden of rural credit cooperatives is very serious and found in Jilin Province Rural Credit Cooperatives in the historical burden on another deal with the more successful aspects . Finally, from the design of product and personnel appointments, to explain the current rural credit cooperatives and rural financial markets are not suited. In product development, and loan approval on rural financial markets is not in conformity with the requirements on personnel appointments and not highly educated advocates familiar with the rural financial market. Simultaneously, the final part of this chapter using national data to illustrate the importance of rural finance.Chapter 2 analyzes the model of foreign financial cooperation and the enlightenment. This chapter introduces the foreign advanced rural cooperative financial experience, including the history of the cooperative financial organizations ,the development of the status quo and development trends. We mainly take the United States and Bangladesh for example to analyzes the statu, through a combination of China's national conditions, we can be found that as we learn from the experience of the United States, we should also refer to the experience of Bangladesh, the development model of Bangladesh Cooperative Financial Organizations is the key for my studying. Grameen Bank of Bangladesh introduced micro-credit model, in the financial markets have been successful, and in the international market be implemented. In addition, the actual situation from our country, the Bangladesh Rural financial markets and China's rural financial markets to be more similar to our country and rural credit cooperatives in Bangladesh to absorb the advanced experience of the country, they madeIn chapter 3 we put forward proposals of the reform of China's rural credit cooperatives. This chapter combined the main chapter of the Rural Credit Cooperatives give the existing problems for analysis. And put forward some reasonable proposals to address property rights, the main proposal to clear property rights so that the "principal - agent" theory to play a role, fundamentally changed, the owner becomes vacant, the Service object dislocation system, are really agents achieve their own interests at the same time to maximize the entire rural credit cooperatives to maximize revenue. At the issue of historical burdens, we put forward suggestions for other places, mainly in connection with the experience of jilin province as a reform pilot provinces. Here, the main emphasis of this article, deal with questions on historical burden, must not engage in across the board, it is necessary to place according to the different characteristics of the design of the corresponding reform program, which lasted more innocent to take their own operational digestion, place a heavier historical burden, the State should give full play to the role of public finance. Finally, by the adaptive problem, the same as the development of microcredit in Bangladesh is a very good solution. In addition, staff appointments have to pay attention to, not from the highly educated. Only for rural financial market characteristics, product design and staff appointments in order to really achieve the purpose of rural credit cooperatives Sannong Service, and at the same time Sannong Services, reversing a loss situation.Chapter 4 study the external environment of the reform of the rural credit cooperatives. Reform of rural credit cooperatives should not only pay attention to self-construction, but also take into account the external environmental constraints. First of all, to take into account the policy of the Government, the Government supporting rural credit cooperatives in the reform process are essential. Our rural credit cooperatives in promoting the reform process, not only need to consider the internal mechanism of the perfect system, but also taking into account the country's related policies, in view of our country the status of rural financial markets, countries such as taxes, improve the credit environment-related policies are indispensable. Secondly improve relevant laws. About China's rural financial aspects of the formulation of relevant laws and improvement has been still in the gaps, and promote China's rural financial aspects of the introduction of the corresponding law, there is not only conducive to improving China's rural credit market environment, conducive to China's rural credit cooperatives have their own operational normative. Finally, we should also consider the adoption of the rural insurance market to improve rural credit cooperatives to reduce the risk of operating in order to solve the rural credit cooperatives, such as income and the risk of wrong situation. Through the improvement of the insurance market and reduce the risk of agricultural production, rural credit cooperatives to reduce operational risks.As the main force of our rural financial market, only to solve the issue of current reform of rural credit cooperatives can be counted in the true sense of the rural settlement of financial issues. And ultimately promote the development of agriculture, as well as the economic take-off.Our country as a big agricultural population accounts for the majority of the country's population, a long time, the three rural issues, is troubled ruler of our country a big problem. Reform and opening-up date, the CPC Central Committee attaches great importance to rural development, through a variety of policies on rural Huinong subsidies. However, in order to fundamentally solve the problem of agricultural development, we must vigorously develop the rural finance. The convening of the Third Plenary Session of 17, more clearly the importance of the development of rural finance, the private financial legalization, the Agricultural Bank to return to the rural market, rural credit cooperatives reform policy recommendations. This article is at such a background, from the perspective of the reform of rural credit cooperatives to explore the issue of rural finance. Through the reform of rural credit cooperatives, to improve the rural financial markets, achieve economic growth in rural areas.