Research On The Influencing Factors And Countermeasures Of Farmers’ Professional Cooperative Financing In Sishui County,Shandong Province

The No.1 central document of the Central Committee of the Communist Party of China has repeatedly stressed the need to increase the support of farmers’ professional cooperatives and optimize the agricultural and rural economic structure.In the context of the acceleration of "rural revitalization" and "urban-rural integration",farmers’ professional cooperatives have become a new type of agricultural operation subject that people increasingly attach importance to.The country has formulated a series of policies from a macro perspective to ensure the healthy development of farmers’ professional cooperatives.The promulgation and implementation of the "Farmers’ Professional Cooperative Law" in 2006 marked the legal establishment of the social main body of farmers’ professional cooperative organizations.In2017,the revision of the "Farmers’ Professional Cooperative Law" marked a new stage in the reform of China’s farmers’ professional cooperative system,stipulating the legal status,organizational structure,management mode,business activities,and financial management of farmers’ professional cooperatives,The farmers’ professional cooperatives have been provided with more complete legal protection.In 2018,the No.1 central document again proposed to cultivate and develop farmers’ professional cooperatives and develop diversified forms of moderate scale operation.However,at present,financing problems have become an obstacle to the high-quality development of farmers’ professional cooperatives.Currently,farmers’ professional cooperatives face financing problems such as large funding needs,insufficient conditions for their own application for loans,unsatisfied financing needs,single financing channels,and delayed fund approval time,which hinder the development of farmers’ professional cooperatives.Sishui County is a major agricultural county.In recent years,the number of farmers’ professional cooperatives in Sishui County has shown a significant growth trend,with a significant trend of diversified development.The demand for funds has gradually increased.At the same time,it is also faced with the inability to effectively meet the demand for funds during the financing process,which has restricted the development of the rural economy.Therefore,this article selects Sishui County as the research area,explores the factors affecting the financing of farmers’ professional cooperatives,and puts forward targeted countermeasures and suggestions,which is of great significance for promoting the high-quality development of farmers’ professional cooperatives in Sishui County.Based on this,this article aims to explore the factors that affect the financing of farmers’ professional cooperatives in Sishui County.First,read relevant domestic and foreign literature,and based on relevant theories such as the pecking order financing theory,conduct a descriptive analysis of the basic situation,financing demand status,financing demand characteristics,and financing demand satisfaction of farmers’ professional cooperatives in Sishui County through field interviews and questionnaires.Secondly,based on 306 questionnaires of farmers’ professional cooperatives in Sishui County,an empirical study was conducted on the factors affecting the financing of farmers’ professional cooperatives in Sishui County through a Logistic model,and it was concluded that the main factors affecting the financing of farmers’ professional cooperatives in Sishui County include the degree of humanization of the cooperative,whether it is a demonstration cooperative,credit rating,operating period,fixed assets that can be mortgaged,profit margin Whether there is a complete financial system,the frequency of contact with financial institutions,and whether they are integrated into the upstream and downstream industrial chains have a total of 9 factors that have a significant impact on whether farmers’ professional cooperatives obtain financing.Finally,in response to the financing difficulties of farmers’ specialized cooperatives in Sishui County,countermeasures and suggestions are proposed to solve the financing problems of farmers’ specialized cooperatives in Sishui County from the perspectives of farmers’ specialized cooperatives themselves,financial institutions,and the government.They are:(1)improving the construction of farmers’ specialized cooperatives’ own financing conditions,improving their own credit rating,and enhancing their comprehensive strength;(2)Financial institutions have enriched financial products,vigorously promoted mortgage agricultural loans,and carried out village wide credit extension;(3)Innovate government policy methods,take party building as the guide,and improve the legal guarantee system for financing;Through the above research,we hope to broaden the financing channels of farmers’ professional cooperatives in Sishui County,alleviate the financing difficulties,promote the high-quality development of farmers’ professional cooperatives in Sishui County,and promote the stable operation of Shandong’s agricultural economy.