Alienation Problem Analysis Of China’s Rural Cooperative Finance Based Of The Perspective Of Institutional Change

China is an agricultural country, the issues of agriculture, farmer and rural areaalways is the key for country to solve. China’s rural finance, especially china’s ruralcooperative finance is the pioneer to support rural. Since our country’s founding, thechanges of the rural cooperative financial system in China has experienced twists andturns. In the process of its change, due to various reasons, such as national dominantforce in the lead, the rural cooperative finance in China produced the alienationphenomenon in the process of its development. Analysing the causes of the alienationand finding out the effects of the alienation,will be of great significance to explore thedevelopment direction of rural cooperative finance.In this study, the rural credit cooperatives is taken as the main form of ruralcooperative financial organizations, and the rural credit cooperatives in henanprovince is taken as the main research object, based on the theory of institutionalchange, from the perspective of institutional change of rural credit cooperatives inChina, analysis the alienation of the property right structure, operating principle, themutual characteristics, service object,competitive consciousness and so on, and thenexploring the causes of the alienation, analyzing the effects of it.Analysis results show that: from the point of the causes of alienation, thisalienation is because of the abandonment of the guiding ideology, it is the result ofthe state-dominated mandatory change, and the historical choice of economicdevelopment; judging from the effects of alienation, this alienation improved thewelfare and saved the cost of peasants’ lives, expanded the scale of the assets andimproved the quality of the assets of rural credit cooperatives, promoted the regionaleconomic development, increased the cost of local government management of therural credit cooperatives.In the end of the article, according to the analysis results and combined withrelevant theoretical research, from the property right system reform, choice ofdevelopment mode and adjustment of management mode, three relevant policysuggestions are advanced to promote the further reform of rural credit cooperatives.