The Research Of The Financial Surpport For Xinjiang Province Cotton Industry Chain

Under the steady transformation of China’s economic background, the real economy on a global revitalization also affect the future. Xinjiang cotton production is high, but the industry of cotton is poor, the province’s cotton want to optimize the industrial structure, it must use its own production advantages and focus on the development of downstream chain to support the rise and growth of the cotton industry. Revitalization of the cotton industry, the real economy, in addition to providing policy support, must also solve the problem of capital supply. Solving the financing difficulties is not only the starting point for the development of enterprises, but also the industrial growth of the inner assurance.This paper briefly describes the imbalance between supply and demand of capital market funds. industry breakthrough must be addressed in the context of funding problems.the use of objective data analyzes the current situation in Xinjiang cotton industry and namely cotton production accounted for half of the national GDP, but the downstream textile.garment and other part of the foundation is weak. After analysis, the limited size of the downstream business, lacking of collateral and guarantee financing difficulties caused by the absence of one of the main development is limited. Therefore, the authors of Xinjiang cotton industry financing is limited as the background to solve the financing difficulties as the goal, on the basis of previous studies, drawing on relevant theoretical results, attempts to explore new ways of financing- chain financial support system.The so-called chain system of financial support out of the traditional model of a single corporate finance, all the companies on the industrial chain form a large "chain clusters", using the whole "chain cluster" of the "credit" to the financing. Ideal chain system of financial support is a strong financial institution funds(such as a state-owned bank) funded settlement services for all of an enterprise within a certain area of the industry chain.these companies are in the financial institution to open a basic settlement funding households and the bank became the whole industry chain of "financial steward". accounting generated by trade exchanges between enterprises are settled through the financial system. Financial support system in the industry chain enterprises can rely on this new relationship between banks, crediting to the banks for financing, the so-called credit financing to banks without collateral, relying solely on bank virtually in control of the receipt and payment of funds on the downstream business enterprise that can guarantee the repayment of funds lent effective.In the proposed system of financial support to build the industrial chain of thought, the paper of the participants at this stage of the system were defined. In view of the ideal chain system of financial support to establish a higher degree of difficulty, in the industrial chain financial support system in the primary stage, being able to meet the conditions for funding the supply side: the five state-owned commercial banks, and the strength of the large-scale joint-stock commercial banks. However, commercial banks and other financial institutions could be used as complement other financing methods involved. Meanwhile, the capital demand side is "access standards" bank is divided into two parts, the first part is to meet the bank’s credit standards of corporate financing, bank financing in accordance with the chain of credit flow; the second part is not consistent with the standard bank credit financing companies can obtain financing by other financial institutions involved in the supplementary financing model. In addition, in order to protect the health of the system is running, regulators also great responsibility.In this paper, Xinjiang cotton industry chain, for example, demonstrates the capital reflow process chain lending and financial support systems, and the risk of banks to lend money to repay were evaluated, namely the whole industry chain to the downstream part of the credit risk concentration, The clothing as consumer staples, the flow of capital risk, thus significantly reducing the overall credit risk of the industry chain.In addition, the article elaborates on the promotion of real economic revitalization, expansion of banking business, reduce the rate of bad debts, bank and sides enhance profits, accelerate structural adjustment of the industrial chain, and other aspects of the role of the financial system to build the industrial chain. On the basis of lack of recognition that the system based on the proposed supplementary financing program targeted.