Research On The Reform And Development Of Agricultural Development Bank Of China

As the agricultural country,agricultural development lay the foundation for our country national economy development. Because agricultural production projects has both high risk and low income characteristics,it determines that the commercial financial institutions rarely poured money into the agricultural filed. Therefore,to promote the constant development of agricultural economy in our country,the government take up a series of finance policy in the field of agricultural,and set up China’s unique policy-based financial institutions- Agricultural Development Bank of China. The ADBC is to implement agricultural policy finance system. ADBC is the operator of our country agricultural policy financial system.ADBC is founded in 1994. After 20 years development,it is beneficial to maintain the national food security,market stability and farmers’ income. And it has promoted the modernization of agriculture,the construction of new socialist countryside,and the integration of urban and rural development. At the same time,ADBC has many problems. For example,the market positioning is not clear,swing between policy and bank. Fund-raising mechanism is not sound and it can not meet the requirements of the sustainable development of agricultural economy. The supervision mechanism is weak,so that is is not conducive to the sustainable development of the bank,etc.. These problems hinder the development of ADBC. Thus,to realize the long-term and stable development of ADBC,it is necessary to carry on reform and innovation.The paper adopt DEA- Malmquist model. This paper mainly through the Malmquist index to analyze the bank’s operating efficiency. The results of analysis is as follows. Firstly,the efficiency of technological progress is reduced. The efficiency of using money is not high and the operation cost is too much. Secondly,the bank do not make enough work in making full use of modern financial technology. Thirdly, ADBC is at diseconomies of scale stage. It is important that to reduce the average cost when it coordinate the internal mechanism and scale up. In front of own economic interests, ADBC should consider the social benefits.Sometimes ADBC may give up the economic interests. And the bank used its induced siphon function to attract a large number of commercial capital and private capital to enter the corresponding industry. Finally it greatly promotes the transformation and development of the corresponding industry.In this paper,through the study of foreign policy financial institution reform and innovation,and combined with the actual situation of the domestic agricultural development,agricultural policy finance can only be strengthened,not weakened. And for the reform and innovation of the bank in our country,the paper puts forward the following measures. Firstly,set strict business risk isolation system to realize the business development mechanism innovation. Secondly,bring in risk shifting mechanism to realize the innovation of risk management mechanism. Thirdly,Strengthen the credit to customer groups,and optimize the way of guarantee,optimize the credit structure,etc..