The Study On The Development Of New Financial Institutions In Xiangxi M Inority Areas

Thirty years of reform and opening up, the Chinese government has been veryconcerned about the problems of rural construction and development, in the center ofthe ten One document, emphasized the "three rural" issue. Since the end of2006,China Banking Regulatory Commission issued the "Opinions on adjustments to relaxbanking financial institutions in rural areas better access policy to support theconstruction of new socialist countryside" since mushroomed rapid rise of newfinancial institutions in rural areas. In2011, the CPC Central Committee, the StateCouncil issued the "China Rural Poverty Alleviation and Development Program(2011-2020)," and in the same year held a central working conference povertyalleviation and development, divided into contiguous focus destitute WulingMountain region and poverty alleviation as the first pilot.Expand the size of loans "poverty funds’ development projects, to encourage andsupport corporate financial institutions in poor areas the county will add more than70%of loanable funds remain in the local use, such as poverty alleviation anddevelopment in Xiangxi area to provide a strong impetus. Major development in thenew financial institutions, the current prosperity as a multi-ethnic enclaves of Xiangxi,research and development of new financial institutions to its regional rural banks,especially the development of research significance.In this paper, foreign "financial repression" and "financial deepening" theory,rural financial institutions and rural financial development theory, micro-finance andmicro-credit theory depth research on domestic research about rural banks, mutualfunds on rural social theory, theories about the small loan companies, on financialdevelopment and the "three rural" theory also read a lot of literature. Based on thecurrent situation and the way the banking industry to establish areas of WesternHunan Xiangxi in Hunan regional analysis of new financial institutions, takingXiangxi ChangHang Village Banks, for example, the effect on the operation anddevelopment of new financial institutions in Western region further analysis, Westernfinancial institutions and the development of new regional presence systems, andmarket positioning bias, the smaller size of the financing, a serious shortage ofprofessionals and other defects in-depth analysis, and based on "Whitney" and otherrelated theories put forward to promote the Western Region The new financialinstitution development proposals in order to provide a reference for promoting thefurther development of the Western region of new financial institutions.