2014RePEc: Research Papers in EconomicsOpen access

Developing Rural Cooperative Finance with Reference to Experience of Foreign Countries

Aihua Wu, LI Ming-xian, WU, Aihua, LI, Mingxian

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Abstract

At present, rural credit cooperative is an essential part of rural financial system in China. Since the foundation of new China, especially since the reform and opening-up, rural credit cooperative has become the largest financial organization in rural areas. However, its operation mode needs further improvement and service functions are to be strengthened. Therefore, learning successful mode of rural cooperative finance in foreign countries has important theoretical and realistic significance for promoting development of China’s rural cooperative finance.

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At present, rural credit cooperative is an essential part of rural financial system in China. Since the foundation of new China, especially since the reform and opening-up, rural credit cooperative has become the largest financial organization in rural areas. However, its operation mode needs further improvement and service functions are to be strengthened. Therefore, learning successful mode of rural cooperative finance in foreign countries has important theoretical and realistic significance for promoting development of China’s rural cooperative finance.

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Available abstract

At present, rural credit cooperative is an essential part of rural financial system in China. Since the foundation of new China, especially since the reform and opening-up, rural credit cooperative has become the largest financial organization in rural areas. However, its operation mode needs further improvement and service functions are to be strengthened. Therefore, learning successful mode of rural cooperative finance in foreign countries has important theoretical and realistic significance for promoting development of China’s rural cooperative finance.

Key concepts: China, Agribusiness, Business, Rural economics, Financial services, Finance, Rural development, Rural area

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