Study On Provincial Rural Credit Union Reform Model Under The New Period

Rural finance is an important part of China’s financial system, who aims to provide service for development of " three problems about countryside, agriculture and farmers". However, facing the current economic environment of restructuring and upgrading, rural finance development is still the weakest link among the financial system. As an organizer in the rural financial system, provincial credit unions’main tasks are deepening rural financial reform, playing the market’s basic role better in resource allocation. Therefore, at the beginning of2013, Anhui Credit Union started the conversion reform of functions, named "fade administration, enhanced services," aiming at overcoming the previous unclear ownership and reforming the management system which has apparently drawbacks. Form this side, this paper, by clarifying the inevitability reform of rural credit cooperatives nationwide of the year, analyzes the management functions, the develop-changes and its pros and cons among the different rural credit cooperatives reform models. Following that, this paper, by focusing on the restructuring of Anhui Rural Credit Union, takes the institutional innovation theory as the research theoretical base to judge the effectiveness of its obtained, uses quantitative and qualitative analysis method to illustrates the constraints, problems and dilemmas on reform of property rights, institutional updates, technical innovations and other issues. After that, this paper draws the conclusion that the clarify property is the key to solve all the problems. Therefore, according to all of the analysis and international experience, this paper provides some policy recommendations.