An Analysis Of The Reform Path Of Rural Commercial Banks Reformed By Rural Credit Cooperatives

Rural Credit Cooperatives are important part of rural finance in China.The rapid development of "agriculture,rural areas and farmers" is the basis for promoting the sound development of rural financial system,and the rural financial policies of the party and the government are the driving force and source of the great economic development for "agriculture,rural areas and farmers".To solve the "three rural issues" requires a lot of financial support,and this will require the formation of a sound financial system in all rural areas that can serve the "three rural issues.".The rural financial system which occupied the leading position of rural finance,with RCCs as the mainstay,is the key to develop quality of "agriculture,rural areas and farmers".Therefore,the reform of rural credit cooperatives must ensure that the focus of “agriculture,rural areas and farmers".And the reform of rural credit cooperatives must ensure that adapting and promoting the "three rural" economic development with its own system of reform.In most parts of our country,rural credit cooperatives are the only formal financial institutions left in rural areas.Rural credit cooperatives can't play a good role in supporting agriculture because of their own inherent series of institutional defects.Thus the issue of rural credit cooperatives reform has become the focus of rural finance.Rural Credit Cooperatives are rural cooperative financial institutions which approved by the People's Bank of China,is composed of members who are members of the public and established based on mutual funds.RCCs,not only for profit but also democratic management,mainly provide financial services to members.Rural Credit Cooperatives' business is mainly dominated by traditional lending business,which is responsible for organizing and regulating rural funds,promoting the development of rural cooperative production organizations and boosting farmers' income and wealth.In recent ten years,with the continuous improvement of China's rural economic development,the process of interest rate liberalization has been accelerated and the level of competition intensified in the financial markets.How can rural credit cooperatives,as the main force in rural financial markets,develop and reform to adapt to the new Economic environment is now the fundamental issue of the reform of rural credit cooperatives.This article analyzes the reality of rural economic development,and analysis of the existing problems of rural credit cooperatives made clear that the unclear property right is the main factor restricting the development of RCCs and also the focus of the reform.At the same time,by analyzing the internal demands of RCCs for reform and the conditions provided by the external environment for the reform,this paper expounds the practical requirements and the feasibility of reforming RCCs' reform into rural commercial banks.Only by basing itself on the actual situation of economic development in the region can we expect the reform of rural credit cooperatives to achieve the desired result.Rural cooperative bank is a reform mode that suits the characteristics of economic development in developed areas.Its future development should still be based on the needs of the local economy: in the business model,it is positioned as a "small" bank serving the regional economy;in terms of market orientation,Take rural areas,agriculture and farmers as the main markets and service targets;In the process of rural credit cooperatives becoming a shareholding system from cooperative reform,in the aspects of optimizing the ownership structure,strengthening corporate governance and improving the quality of staff,this paper put forward some problems and some solutions to the problems in the reform of joint-stock system of rural credit cooperatives.Based on the theory of cooperative finance and property right system,this article discusses the theoretical basis and practice of the reform of joint-stock system of rural credit cooperatives at home and abroad with the introduction of the development course of rural credit cooperatives in our country since the founding of New China.According to the actual situation of rural credit cooperatives in Honghuagang County,this paper explains the background,necessity and feasibility of its shareholding system reform and explores whether the rural commercial bank reform model has adapted to the development of the local economy and whether it has achieved its desired goal of supporting agriculture,rural areas and peasants and whether it has achieved its own progress based on the explanation.Finally,this paper provides specific countermeasures and suggestions to the future development of Rural Commercial Bank in Honghuagang District.