Construction Of The New Rural Cooperative Financial Organizations

Currently,China's rural financial organization system is perfect in theory.However,there are many problems and deficiencies in the process of actual operation,for example,the country has support policies,but not enough in place,not to implement;Postal savings institutions to become nominally support rural development agencies,its more funds flow superiors city,not really fulfill its responsibilities in rural financing;The state-owned commercial bank comprehensive evacuate areas below the county level,and bring great trouble to our country's rural financial system;The demand for private finance has increased,to some extent,played a role to make up for the lack of formal financial institutions in rural areas,but its high interest rate and high risk,aggravate the instability of rural financial environment;Micro credit is difficult in rural areas and so on.At the same time,the poverty credit union funds and other new rural cooperative financial organization have developed in the whole country,which has aroused wide concern.As a new thing,whether it can alleviate the problem of financing in rural areas?After many years,how about its operation mechanism and performance?What obstacles are encountered in the development?These are all worth exploring.This paper takes the new rural cooperative financial organization in Anhui Province on as the research object,through the field survey of 11 new rural cooperative financial organizations in Tianchang?Fengyang?Fuyang?Qianshan and Taihu,to master the basic situation,and analyze Operation mechanism and performance of these research objects.It is helpful to understand the current situation and problems of the development of new rural cooperative financial organizations in Anhui Province,then put forward relevant policy suggestions,to provide theoretical and empirical reference for the development of new rural cooperative financial organizations in Anhui province.First,carry on the theoretical analysis to the new rural cooperative finance,content includes: combined with government documents,to define the concept and feature of the new rural cooperative financial organizations;review theoretical foundation;The Second,expounds the necessity of developing the new type of rural cooperative financial organization;summarizes the history and status of the new rural cooperative financial organization in Anhui and China.Then,by field research,using interview?questionnaire and other methods,take research objects for example,to analyze the operation mechanism and performance of the new rural cooperative financial organization in Anhui Province,and to explore the problems in the process of development.Finally,combining the empiricalanalysis and problem analysis,puts forward the policy suggestions to promote the development of new rural cooperative financial organizations in Anhui province.Conclusions drawn from the study: First,the new rural cooperative financial organizations in Anhui province covers 4 types: the rural credit union funds approved by the CBRC,poverty credit union funds,based on the peasant's specialized cooperative,to carry out in-house credit cooperative,mutual funds led by he supply and marketing cooperatives.Second,analysis of the operating mechanism of the samples from eight aspects,includs organizational structure,business scope,funding sources,loan design,equity settings,etc,it is concluded that the operation of the sample is basically in line with the relevant state policies and the principle of rural mutual assistance,there is no alienation situation arise currently.Third,performance analysis shows that,in terms of operating performance,11 samples have different level,there is a large gap between them;In terms of social performance,11 samples have contributed to ease the local financing difficulties and welcomed by farmers.In addition,a separate analysis of the performance of Yinyan credit union funds,concluded that in order to improve performance,the key is to improve mutual assistance of organization,mutual cooperation is the basic purpose of the new rural cooperative financial organization.Fourth,there are many obstacles in the development of the new rural cooperative financial organizations in Anhui Province,for example,the legal status is not clear ?regulatory body is not clear?narrow financing channels?internal governance is not perfect?the shortage of talent,etc.Fifth,to put forward the development proposal for the problem.