Study On Innovation Of Rural Finance Organization System In China

Innovation theory and institutional innovation theory is the basis for the innovation of China's rural finance organization system. At the present stage, the innovation of China's rural financial organization system including the innovation of the main body of rural financial organization system and the innovation of the main institutional innovation of the relationship between the main body of rural financial organization system. After China's rural financial organization system from single to multiple, from a planned to a market-changing process, step by step toward improved support for economic development have become increasingly evident. However, in this process of change has also revealed that the structural defects and functional defects, the existence of such defects has hampered China's rural financial market in the healthy development.United States, Japan and Bangladesh have achieved some success in rural finance experiences, compared to this few countries with the rural financial organizations system, China's rural financial organization system has a big gap in these areas, for example, the control of capital flows in the rural areas, government financial support, agricultural credit insurance system building and micro-credit business development. Institutional innovation of China's rural financial institutions should further deepen reform of rural credit cooperatives, Agricultural Bank of China adhere to the " Support for agriculture " characteristics, shaping a new image of China Agricultural Development Bank, innovative agriculture postal savings business, to speed up the construction of new-type rural financial institutions, establish and perfect the rural insurance system, standardize and guide the rural non-formal finance to the healthy development. At the same time we must focus on the system innovation of the relationship between the formal financial institutions within the organization, between the formal financial institutions and the non-formal financial institutions, between the financial institutions and the financial supervisory organizations.