The Research On Rural Informal Finance’s Development In Hebei

Under the steady of monetary policy, rural folk finance is necessary condition of country economic development, and the risk of it is growing in China, which is a large agricultural country, so it is imminent for financial guidance and norms. The development level of folk financial institutions and their operating condition is different, because the geographical differences all over the country are great, and the economic levels and market development extent are different. Hebei province is geographically belonging to the eastern region of China, some of which is in Beijing-Tianjin-Hebei economic zone and the Bohai radiation zone. But contrast to market economy-developed areas such as Zhejiang, Jiangsu and Fujian, there is still a large gap on folk financial development level and operating mechanism in Hebei province. Private financing is relatively small and the development of private economy is relatively slow. So, analysis on Hebei province folk financial has significances in two aspect: One, by research summary, we have clear awareness about current exists state of rural folk finance in Hebei province, as rural folk finance survives in underground state for long-term, and operation does not specification; Two, folk financial environment of Hebei province is now easing, which provides new opportunities for rural folk financial development. This article has analyzed the temporary status and problems of rural folk finance in Hebei province to find the solution path, which can effectively solve the supply and demand imbalance problems in rural credit market, and improve resources configuration efficiently and development rural economic.This article mainly uses methods of a qualitative and quantitative analysis, questionnaires and comparative analysis to research the development situation and the he cause of the problem in the rural folk finance of Hebei province, providing a standard development route choice of rural folk finance.First, this article researches on the basis of theory of financial restraint about China’s rural folk finance theory such as financial deepening theory and introduced the concept, which introduces the conception, forms and development of folk finance in China. On the basis of that, it is in-depth analyzed on The development of rural folk have certain practical significance to the economic growth of rural areas.Second, through to the present situation of the development of the rural economy in Hebei province and to the analysis of questionnaire on civil loan,The auticle quantitative analysis the characteristics and the environment of the rural finance financing in Hebei province. The result show that the scarcity of the formal financial supply in Hebei rural areas is the the main reason of rapid development of folk finance.Again, the article describes he current situation of the development folk finance in Hebei province through the organization and development features.and analyes the cause of the problems in the process of the development though the private risk and environmental aspects.Finally, suggestions are submit about rural folk financial development in Hebei province. Besides that, the multilayer finance system in Hebei province must be established, and the efficiency of resource allocation must be improved.