Further Deepen The Reform Of Rural Financial System

Economic and financial development are mutually reinforcing, economic development and only the complementary relationship between the financial system in order to speed up the development of each other. Songming County as an agricultural county, to accelerate the development of rural economy and agriculture, increasing farmers' income is related to the sustainable economic development Songming County, the county is related to well-off people living on an early date.30 years of reform and opening up, China's rural economy with the continuous deepening of reform, in order to better serve the agricultural and rural economic development, rural financial system Songming County also conducted a series of reforms, the formation of rural credit as the main agency, the Agricultural Bank of China postal Savings Bank and the development of small loan companies, and private loans to supplement the rural financial system.On the surface, Songming County's rural financial system is quite good, both credit unions such financial cooperation, there are large state-owned commercial banks, finance companies, etc. However, in recent years as the financial system continued to deepen the reform of rural credit cooperatives in the direction toward the development of commercial banks, cooperative code of principles by the progress of struggling; Agricultural Bank is a listed company and pursue their own profit maximization, merge a large number of rural grass-roots business network of agriculture loans in rural areas are not enthusiastic. And because of the Agricultural Bank of declining share of rural businesses, rural credit cooperatives in rural areas has led to a dominance of the financial sector monopoly tendency to support the agricultural development of rural financial system's overall strength is not fully played out, seriously restricts the development of rural economy and farmers' income levels. Therefore, to speed up the reform of rural financial system Songming County, so that China's market economy to adapt to a very important practical and theoretical value.In this paper examine the historical changes in the rural financial system, as well as the current status of the rural financial system Songming County's analysis, pointing out Songming County, the problems of rural financial system, and to learn from some foreign and domestic advanced experience and practice with regard to the Song that the County's rural financial system reform measures.