On The Epitome of Thirty Years' Reform and Opening Up: Rural Financial Reform

During the past 30 years of reform and opening up,China's financial reform in rural areas has experienced four phases,the establishment of a separate rural finance,the establishment of a three-dimensional rural financial system,the market-orientation of rural credit cooperatives and the establishment of new rural financial institutions.Compared to the cities,the rural financial development is still lagging,the financial system of basic services has not been completely established,the rural financial performance of the structure and operation mechanism has defects,the problems still exist such as poor facilities,low coverage of networks,backward service methods,single-produced products,hard-obtained loans,the intensity of the policy financial support is not enough,this situation can not meet the requirements of the construction of the new socialist rural areas.