Research On The Influence And Support Ways Of Xinjiang Rural Financial Development On Cotton Farmers' Income

The problem of cotton farmers' income has been the focal point of Xinjiang rural, agricultural concerns for a long time, especially in the southern Xinjiang where the area of cotton planting is large, the problem of farmers' income also affect the social security, stability and the coordination of economic development indirectly in Xinjiang. After China's accession to the WTO, the cotton in Xinjiang suffered the strong impact of foreign cotton, the fluctuations of cotton price is getting bigger, which has brought great challenges to the development of farmers' income and the cotton industry. The development of rural finance can lead to the development of rural economy in some degree, by providing sufficient funds and financial services to the cotton production, it will not only be able to promote the modernization of cotton production, but also to innovative financial derivatives and related financial services. Therefore, we should rely on Xinjiang as the "New Silk Road economic belt bridgehead" role backdrop, promote Xinjiang rural finance support for cotton industry in Xinjiang, in order to improve the income of farmersThis paper based on the current situation of Xinjiang rural finance and the development of cotton farmers income analysis, then analyze the problem that Xinjiang rural finance is not promte suffient support to cotton farmers' income. Secondly, the agricultural insurance development in Xinjiang, the scale of Rural Financial Development and Agricultural loans as a research subject of the Rural Financial Development, since the data is relatively difficult to obtain so this article only use the income per acre cotton farmers income as a research subject.Using VAR model, cointegration and error correction model to empirical analysis of the influence of Xinjiang cotton farmers income, studies, Xinjiang agricultural loans in Xinjiang cotton farmers income growth has the effect of long-term promoting, the rural financial development scale of Xinjiang cotton farmers income growth is not due to there is a direct impact on, so the rural financial development scale of Xinjiang cotton farmers income boost performance is not obvious in the results of the analysis. Secondly, through empirical analysis and study the reasons for the development of Xinjiang rural financial income support for farmers insufficient efforts, Finally, established of Xinjiang rural financial development of cotton farmers income support paths:(1) Exploration in Xinjiang cotton region development " Rural Inclusive Financial System", Xinjiang rural financial underdevelopment, so established rural financial basis for the development of "inclusive financial systems" in cotton production area, is a important measures to improve the income of farmers in Xinjiang.(2) Increase agricultural insurance services in cotton production areas of Xinjiang, in order to prevent the existence of cotton production potential risks and rural credit risk, it is an important measures to guarantee farmers a stable income.(3) Explore the establishment of the cotton industry investment fund projects in Xinjiang is an important measures that driven by improvements in the structure of important initiatives, so that cotton farmers achieve long-term revenue increase.