Restructuring Local Financing Of Erdos Region

In recent years, Ordos folk lending has become a hot topic in the financial sector in after the Wenzhou private lending.The folk lending outside the formal financial system has a huge impact on social economy, and even affect the government’s economic policy which is out of control. It has become a top priority. Especially China coal market in 2010 the international financial crisis exacerbated the situation caused by the economic downturn, which directly affected the Ordos;At the same time, along with the national implementation of the real estate market macro-control policies, has seriously affected the real estate operation (including:the bank credit crunch, new housing system, housing supply and demand imbalance, the stagnation of the backlog of funds, land development project serious excess).Local private enterprises and local enterprises to develop the natural status of vulnerable groups leads to the possibility of obtaining funds from the formal channels of financing is very small, have to rely on private lending to solve the shortage of funds.High interest debt now exacerbated the burden of enterprises, many enterprises of coal mining enterprises shutting down, the boss running away, and unfinished buildings are frequent.In the face of a series of chain reaction, how to regulate and guide the local financial normalization of the road, how to rebuild a private lending and orderly development of the regional environment has become the key issues to consider.In this paper, combined with the basic theory and characteristics of Ordos folk lending, it analyzes the formation and development of Ordos folk lending and crisis.Based on the analysis of the reason and Revelation of private lending crisis Ordos occurred, and finally puts forward some policy suggestions to regulate the development of private lending, and mainly from the Angle of perfecting the legal system framework, operational Suggestions are put forward.