Researching The Financial Support Of The Agricultural Industrialization In Sichuan Province

China is an agricultural country, the development of rural economics which is an important index of the National Economic development."Agricultural industrialization" is the development direction of modern agriculture, which is an effective way to solve the problem of agriculture, rural and farmers, also is an innovation to our state agricultural management system since it has been proposed was high hopes. After20years development, the development level of national agriculture industrialization has a large degree of raise. As the western region of Sicuan Province agriculture, was rich in agricultural resources, agricultural industrialization get rapid development. The average per capita net income of rural residents rose to Y6128.55of Sicuan province in2012,an increase of20.5%.but countrywide the average per capita net income of rural residents of sicuan province was ranked21st. The development of agriculture industrialization level is relatively low. Investigates its reason, insufficient financing or financial resources fail to get optimal allocation, which are one of important causes holding back agriculture industrialization development. Some suggestions about accelerating develop agriculture come from central file in2013,in which also mentioned that should improve financial services in rural areas, increase support fund of agricultural industrialization to push the development of agricultural industrialization. Agricultural industry because of its own weakness, determines the development of agricultural industrialization must rely on external funding support, healthy rural financial system is a necessary condition for the rapid development of agricultural industrialization, rural financial system of sicuan province cannot meet the needs of agricultural industrialization development, which caused the function vacancy phenomenon influenced the development of agricultural industrialization.This paper was studied with the following respects on the base of agricultural financial theory such as economic growth theory, rural financial theory, financial liberalization theory, finance deepening theory and Optimal Financial Structure theory etc..First, this paper inquiry into the recent development of agricultural industrialization starting with agricultural industrialization policies, leading enterprises scales and building of interest joint mechanism; the present situation of financial support sicuan agricultural industrialization were analyzed in construction of the rural finance service system, financial support dynamics and credit rationing etc..Second, it based on sicuan province’s date related from1996to2011and those date of21cities(autonomous prefectures) in2011, employed factor analysis and regression analysis to study, draw the conclusion as follows:The agriculture industrialization level of sicuan province has continued to rise, there is a positive correlation between agriculture industrialization and financial support in sicuan, and the level of agriculture industrialization development in different regions of the province are different so that the financial cannot be absolute any means, which should vary by region and proceed from reality local conditions.Third, with a view to agricultural industrialization index about farmer income, agricultural modernization, agricultural production efficiency, agricultural production scale and the development of agricultural products market are used in evaluating the efficiency of financial support the development of agricultural industrialization, the paper employed the unit root test, Co-integration test and the error correcting mode built to draw the following conclusions:The elastic coefficient of the financial support to farmers’ income is about0.07, the elastic coefficient of the financial support to rural investment in fixed assets is about1.25, the results showed that financial support have obvious positive effect in these indicators. But the efficiency of financial support is not high, the financial support dynamics, the structure of support agriculture capital and this method’s rationality needs further strengthen.At last, some relevant suggestions about financial support agriculture industrialization are proposed according to the conclusions and the existent problem:The agriculture-related financial institutions aimed at the credit inflows long-term mechanism on agriculture industrialization needs to be further improved, gradually exploring and proceed from reality local conditions to establish insurance compensation mechanisms of agricultural loans. Institutions should increase the financial support to the development of agriculture industrialization. Financial open up financing channel and reduce rural fund outflow.