Research On Financing Of Modern Agriculture Development In Hebei Province

It is the 12 th year in a row for central file no.1,2005 to focus on rural issues concerning”agriculture,countryside and farmers”,with it firstly regarding agricultural modernization as the theme of central file no.1.Therefore,at the same time of Three Rural Issues attached great importance to by Party Central Committee and the State Council all along,modern agriculture has become the forefront of national agricultural development strategy planning.Meanwhile,optimization of agricultural structure in Hebei province has entered into critical period.It undoubtedly has brought development of modern agriculture in Hebei province unprecedented opportunities and challenges. There is no denying that development of modern agriculture in Hebei province still has a long way to go and it mainly stems from deficiency of necessary funds that guarantees development of modern agriculture.Therefore,the article carries on a systematic research on modern agriculture development financing in order to promote Hebei provincial government to clarity the situation and grasp the opportunity to introduce relevant suggestions and methods to accelerate solving the problem of shortage of funds that supports modern agriculture development.Firstly,the article applies literature research method,referring a large number of relevant research literatures at home and abroad to define the concepts of modern agriculture and modern agriculture development financing. Meanwhile,it teases theoretical basis systematically.Secondly,it applies method of quantitative analysis to analyze the demand and supply of funds that maintains development of modern agriculture in Hebei,obtaining the consequence that the demand exceeds the supply from 2009 to 2013:average annual supply only meet 8.68% of the demand.Then,it applies related theories and combines the reality of Hebei province to analyze financing constraints that restrict modern agriculture development in Hebei province qualitatively,from the dimensions of internal restriction and external restriction.The first one is the weak appeal for funds of agriculture managing body,which mainly includes peasant household’s high cost of loan review, the obstacle of recognition of qualifications of the new type of agriculture managing body, the long production cycle of agriculture-related enterprise and so on;the second one is the poor financing environment,which mainly includes lending “ discrimination ” of agricultural bank,agricultural development bank’s inadequate support for agricultural science and technology innovation, rural credit cooperative’s fuzzy property right,the fund shortage of credit guarantee institutions for small and medium-sized enterprises,absence of agriculture insurance underwriter,lack of professional agricultural science and technology venture investment intermediary,harsh listing requirements and so on.Meanwhile,the article also applies comparative method to compare Hebei with other domestic provinces and direct-controlled municipalities,emphasizing the seriousness of the problems.According to the analysis of the fourth chapter,it finally summarizes the conclusions to improve the financing of modern agriculture development from the perspectives of demanders and suppliers of funds repectively on the basis of relevant theoties:(1)Strenghtenning demanders’ financial capabilities.Peasant household’s increasing own income level,perfecting recognition of qualifications of the new type of agriculture managing body and so on;agriculture-related enterprise’s attention to introduction and cultivation of talents,improving financial management system and so on.(2)Improving suppliers’ fiscal funding support.Boosting the scale of agricultural fiscal expenditure,agricultural fiscal expenditure’s strenghtenning the support of agricultural science and technology innovation and specifing supervision mechanism of agricultural fiscal expenditure.(3)Improving suppliers’ financial funding support.Agricultural bank’s setting up and perfecting specialized credit evalution system and financial innovation explored and promoted constantly and so on;the credit structure optimized by agricultural development bank and clearness of fuction and operation;rural credit cooperative ’ s impecceble property relations and eliminating the disadvantages in the management system;coordinating the cooperative relationship between banks and bonding companies,increasing guaranty items of peasant household loan and so on;strengthening insurance will of peasant households and enterprises,development of agricultural reinsurance institutions attached importance to and so on;accelerating setting up professional agricultural science and technology venture investment intermediary,studying and setting up specialventure capital fund of agricultural science and technology of small and medium-sized enterprises;improving regional OTC,upgrading the overall strength of the securities institutions in the province.The innovation point of the article lies in setting Hebei as an example, partlly breaking the situation that there is no special research on the issue or related issue in Hebei province in today’s academia.The significance of the article lies in on the basis of relevant theoties,putting forward concrete strategies and suggestions to improve the financing of modern agriculture development by referring relevant results at home and abroad,fully intergrating the pratical situation of the issue in Hebei province.It enriches the theories of financing to a certain extent,extending the agricultural financing problem to a new research field.The application value of the article lies in providing definite reference value to Hebei provincal government that formulates relevant policies and regulations to support modern agriculture development financing and other domestic provinces and cities.