The Research On Financial Support Of Ecotype-Agricultural Industrialization In Hunan Province

As a large agricultural province, the environmental and resources issues of Hunan Province have been gradually restricting its modern agriculture from further developing as the agriculture goes on, based upon which, the eco-agricultural strategy is put forward to herein. But only can eco-agricultural large-scale production be available, more benefits can be achieved, which can only realized through extending industry chains and boosting the standard of agricultural industrialization during the whole process of eco-agriculture, eco-agricultural industrialization is not only the newborn thing occurred in this mentioned development but also the inevitable choice for Hunan Province to realize sustainable development of agriculture. However, since the long-term accumulated contradictions of agriculture and rural economic construction have not been fundamentally resolved, so the contradiction of supply and demand exists to great extent between eco-agricultural industrialization management and financial support in Hunan Province.This paper begins with the introduction of the necessity of developing eco-agricultural industrialization, and in connection with the pertinent theory to agriculture industrialization and finance, to analyze the connotation as well as the necessity of the fiscal support during the process of eco-agricultural industrialization, then by through analyzing how Hunan Province current finance system supports eco-agricultural industrialization, existing issues are pointed out finally and shown as follows. Hunan Province fiscal support given to the agriculture always takes a rather small proportion, and rural finance supporting system is incomplete in function and low in efficiency, lacking of effective credit assessment system and credit guarantee system, besides, the agricultural insurance is also unavailable, which aggravates the contradiction between industrialization development and funding supply. Later both of qualitative analysis and quantitative analysis methods are adopted, after collection of relevant ten-year data (from 1999 to 2008) of Hunan Province and relevant data of all cities and areas of Hunan Province in the year of 2008, the relationship between the finance support and eco-agricultural industrialization is linear regression analyzed, and the results show that the positive correlation exists in between no matter in the longitudinal view of chronological order or in the transverse view of all cities and areas in unit, eventually it proves that more finance support is given, higher standard of eco-agricultural industrialization will be.Based upon the aforesaid study, by comparison with the actual finance model of developed counties (including America, Japan, German and France) and developing countries (including Bangladesh, Thailand and India), recommendations and countermeasures for resolution of issues are proposed and shown as follows. It is very necessary to set up a complete rural finance system as a service to Hunan Province eco-agricultural industrialization; first of all, the development and better improvement of rural finance system are in a very need of governmental great support. Secondly, the function of policy related finance needs to be clearly defined, as one of commercial banks, Agricultural Bank of China shall be commercialized to a limited extent and strengthen fiscal support given to the agriculture. And other cooperated money organizations, like Rural Credit Cooperatives and Postal Savings shall proceed with corresponding adjustment of own business for the purpose of effective backflow of funds towards the rural areas. Furthermore, non-governmental finance shall be better guided in the help of standardized management and healthy competition with other regular finance so as to facilitate each other instead of blind banning. And key roles, namely, the leading enterprises of eco-agricultural industrialization in finance support shall be more focused, better improved credit assessment system for enterprises involved in agriculture needs to be established correspondingly to drive the development of whole agriculture. The last but not the least, it is also very significant to perfect agricultural insurance to safeguard the obtaining of agricultural funds.