A Case Study Of Financial Support For The Development Of Agricultural Industry In Luojiang District Under The Rural Revitalization Strategy

Agriculture is the foundation of the state,and the foundation is solid.The strategy of rural revitalization is an important decision-making and deployment put forward by the Nineteenth National Congress of the Party,and it is the strategic focus of the whole party to do a good job in building the "three rural areas" in the new era of socialism.At the beginning of 2018,the CPC Central Committee and the State Council issued the "Opinions on the Implementation of the Rural Revitalization Strategy"(hereinafter referred to as the "Opinions"),in September of the same year,the State Council issued the "Rural Revitalization Strategic Plan",proposing to increase financial support for the rural revitalization strategy,the Third Plenary Session of the Eighteenth Central Committee proposed that "finance is the foundation and important pillar of national governance",and rural revitalization is an important content of modern national governance,therefore,finance is an important guarantee for rural revitalization.To revitalize the countryside,first of all,the industry should be revitalized.This paper takes Luojiang District’s financial support for the development of agricultural industry as a case study,firstly,summarizes the theoretical research on finance in supporting the development of agricultural industry at home and abroad by sorting out relevant literature,defines and explains the relevant concepts of public finance,rural revitalization and industrial development,comprehensively uses literature research method,case analysis method,interview method,etc.,and combines the theoretical basis of socialist fiscal theory with Chinese characteristics in the new era,related theory of fiscal support for agricultural expenditure and multi-subject collaboration theory to form a theoretical framework.The case mainly studies the background,development process,main practices and achievements of Luojiang District’s financial support for the development of agricultural industry under the rural revitalization strategy,and finally draws inspiration by analyzing the specific practices of Luojiang District’s financial support for agricultural industry development in improving the policy system,optimizing the capital structure and forming multiple subject inputs,in order to provide some experience and reference for other regions in financial support for the development of agricultural industry.From this study,the following conclusions were drawn.First,based on the analysis of socialist fiscal theory with Chinese characteristics in the new era,finance should play a guiding role in the process of supporting the development of the agricultural industry,and promote the modernization of the agricultural industry by formulating supporting policies and doing a good job in the connection between policies,implementing dynamic supervision in the process of financial support.Second,based on the theoretical analysis of fiscal support for agricultural expenditure,that is,the input-output theory and the efficiency evaluation theory,the focus structure of funds is adjusted by integrating agriculture-related funds and increasing input guarantees,so as to improve the efficiency of capital use,so as to achieve high-quality development of the agricultural industry.Third,based on the theory of multi-subject synergy,the introduction of government-led and multi-subject social capital,finance and other diversified subjects in the development of the agricultural industry can effectively broaden investment and financing channels and stimulate the endogenous power of rural areas.