The Construction Of Rural Credit System—A Study Based On Chongzhou

"The issues of agriculture, farmer and rural area" is a critical problem affecting the development of the national economy in China. Up to 2016, the Central Committee of the Communist Party of China has successively issued the first document themed by "The issues of agriculture, farmer and rural area" for 13 years. The main contents cover the areas like agricultural modernization, the growth of farmer’s income and new rural construction, which are all the key points and difficult problems confronted by China in the new period of socialist modernization construction. At present, the development of agriculture and rural economy is relatively slow, for which one of the significant causes is the insufficient financial progress in rural areas. Furthermore, the establishment of rural credit system plays a major role in the continuous reformation and development of rural finance. At present, there have been some progresses in the rural credit system construction; while there are always a number of problems, such as the non-unified standards in credit rating, the laggard credit legislation and the insufficient development of credit information market. The establishment of a set of perfect rural credit system suitable to China’s national condition will aggressively drive the development of rural finance and then becomes a powerful support to solve the issues of agriculture, farmer and rural area in China. In the above context, this paper takes the rural credit system in Chongzhou city as the object of the research. Based on the analysis and the research on its construction experience and existing problems, this paper put forwards corresponding suggestions for improvement, which provides reference and intelligent support to the rural credit construction in other areas of China.This paper firstly gives a definition to the concepts related to credit, credit system and the rural credit system and introduces some main theories and opinions relevant to the research in this paper. Secondly, this paper introduces the structure and the operating mechanism of the organization system and credit investigation system in the rural credit system in Chongzhou city and then concludes the results made by the construction of rural credit system in Chongzhou city:the evaluation mechanism of credit rating has been established and the construction of credit information management system has been accelerated, and the combination between the credit system construction and the results of the reformation of rural land property relations. Moreover, the paper points out the main problems confronted by Chongzhou city in the rural credit system construction:the great difficulties in the comprehensive collection of rural credit information and in its dynamic management, the lack of definite laws and regulations and policy basis, the disjunction between the collection and evaluation of credit information and its effective application. Thirdly, the paper further analyzes and researches on the construction of the rural credit system in the four countries including the U.S., Germany, Japan and Brazil, and then summarizes their experience in this field. Finally, to solve the existing problems in the rural credit system construction in Chongzhou city, and based on the relevant experience of other counties, this paper presents some policy suggestions in the three aspects:rural credit system, rural credit organization and rural credit environment.