Rural Financial System Reconstruction:a Literature Review

Agriculture as an important of national economy industry is the foundation of china economy. Government reports clearly pointed out that the development of urban areas plays an important role in the mode of economic growth transformation and the long-term development of china.For a long time, rural economic has made a great contribution in the process of china economic development, however, Sangnong economic is lack of effective solution:the difficulty of financing and lack of financial services is still one of the most important problem in the process of small agricultural economy transformation. Improving the income of the farmers is the core of thoroughly solve the problem of Sannong. To increase farmers’ income, first of all, we should make sure that the rural economic development. As we all know fund is the foundation of industrial development. As well as the agriculture. So only solve the capital, can we promote the development of rural economic. But the current rural financial system as a main mechanism of capital configuration is far from the requirements of the development of rural economy. During these years, many scholars have been researching a lot on China’s rural financial system.This article mainly chooses the rural financial supply and demand, the rural financial system reconstruction, foreign successful mode of rural financial system to summarize.First of all, compared with the traditional financial demand, the rural financial demand has suffered a big change based on the perspective of Sannong. The rural financial institutions have already diversified their supply in order to meet the financial demand of sannong.But there is still a big gap between rural financial needs and supply. Rural economy also has influenced by the imbalance. Secondly, rural financial organization system and its external operation environment work together to make the rural supply and demand of financial system in a state of imbalance. Government has take measures many times to solve these problems, but reconstruct the rural financial system is more feasible based on both theory and practice.Thirdly, this article summary many scholars studies on the path selection, goal setting, function, regulation and policy support of rural financial system reconstruction. In addition, research on foreign rural financial system has been summarized, by which we can try to find some useful experience and methods that suit to ours.At last, this paper generalizes the exiting research on financial system reconstruction which have agreed and agreed by many scholars, by which we try to put forward possible further research about this space and find some useful experience and methods that suit to ours. This article also has carried on the brief summary.