Research On Financial Support Of New Agricultural Business Entities Under The Background Of Rural Revitalization

Since the implementation of the rural revitalization strategy,new agricultural business entities have gradually become the leading force in ensuring the stable increase of farmers’ income,promoting the effective supply of agricultural products,and agricultural transformation and upgrading.However,deep in Haibei Prefecture,Qinghai Province,the economically underdeveloped areas in the western part of my country’s "three regions and three prefectures",the development of digital inclusive finance is relatively lagging behind,and there are still many obstacles to the development of financial services for the development of new agricultural business entities.In order to enhance the endogenous driving force for the development of rural industries and better promote the economic development of remote agricultural and pastoral areas in the west,it is necessary to support and guide new agricultural business entities from a financial perspective to improve their business development capabilities,promote their high-quality development,and help cultivate agricultural and rural areas.Develop new driving forces,consolidate and expand the achievements of poverty alleviation,and promote comprehensive rural revitalization and agricultural and rural modernization.Firstly,this paper investigates the new agricultural business entities in Haibei Prefecture by means of questionnaires and interviews,and visits agricultural financial service institutions to understand the development status and new financial needs of new agricultural business entities in Haibei Prefecture under the background of rural revitalization.On this basis,combined with the connotation of rural revitalization,this paper deeply analyzes the financial support status of Haibei Prefecture’s agriculture-related financial institutions.Secondly,this paper selects the panel data of Haibei Prefecture and the four counties within its jurisdiction from 2016 to 2020,uses the individual fixed effect model,adopts the method of gradual regression,and empirically studies the relationship between the cultivation of new agricultural business entities and financial support,so as to further clarify the future financial support.the direction of its development.On this basis,the 2SLS instrumental variable method is used to test the endogeneity,and the GLS generalized least squares method and the replacement of the explained variables are used to test the robustness of the model.Thirdly,based on the previous research on the development of new agricultural business entities in Haibei Prefecture and their financial support,the practical obstacles to the development of financial services are analyzed,including the lack of digital inclusive financial services,lack of financial and financial sustainability,risk dispersion and The compensation mechanism is not perfect,and the driving force for the development of the rural capital market is insufficient.Finally,it draws the conclusion that the level of financial services for new agricultural business entities is insufficient,the risk diversification mechanism of agriculture and animal husbandry is not perfect,the role of fiscal finance in promoting new agricultural business entities is weak,and the implementation of rural revitalization strategy promotes new agricultural business entities to increase their incomes.From the perspective of rural revitalization,this paper puts forward suggestions on the high-quality development of financial services for new agricultural business entities.