The Countermeasure Study On The Development Problems Of The Chinese Rural Financial Service System

Since the reform and opening up,China's economy has witnessed substantial growth and achieved remarkable achievements in the world.However,the development of rural economy has been neglected,and the gap between urban and rural areas is getting bigger and bigger.This has become a major factor that hinders the further development of China's economy.Therefore,the "three rural issues" have become the major issues of concern to the government in recent years.Building a sound rural financial service system is the key to building a new socialist countryside.However,at present,China's rural financial service system is not perfect,does not play a role in helping rural economy develop better and faster,but to a certain extent,hinder the development of rural economy.This paper studies the rural financial service system in China from the aspects of research status,basic theory,problem analysis and comparative analysis at home and abroad,and puts forward some policy recommendations to solve the problem.First of all,the domestic and international research on rural financial service system is reviewed.Domestic scholars summarize the advanced international experience,analyze the problems existing in the rural financial system in China,and the reasons leading to these problems,and put forward proposals for reform on these issues.Some foreign scholars believe that there are serious financial deficits in developing countries.They think that this problem exists mainly because of financial repression.They put forward some measures such as easing the control of rural finance and diversifying rural finance.Secondly,introduced the theory of rural financial service system.This paper introduces two main international theories,credit subsidy theory and incomplete competition theory,and introduces the mechanism of village financial service system from the connotation and constitution of the system.Thirdly,introduced a comparative analysis of the international advanced rural financial service system.This article chooses two developed countries,such as the United States and Japan,as well as the development of the financial service system in developing countries such as India,Bangladesh and Thailand,analyzes and studies the differences between developed and developing countries and obtains some enlightenment from it.Finally,in view of the existing problems in the rural service system in China,we put forward corresponding suggestions from the aspects of risk management,credit system and guarantee mechanism,with a view to providing some reference for the sound development of rural financial service system in China.