Live-animal Mortgage Financing for Large-scale Breeding in Rural Areas: Exploration and Thinking

The live-animal mortgage financing is a new-type financing method,which can efficiently alleviate the fund shortage for large-scale breeding in rural areas.After analyzing 3 typical ways of mortgage financing in China,this paper compares the differences of live-animal mortgage financing under two different systems in foreign countries,then presents the requirements in the practice of live-animal mortgaging.Considering the obstacles in implementing live-animal mortgage financing in China,this paper puts forward some suggestions on how to promote the development of mortgage financing,such as creating better institutional environment for business innovation,training rural financial professionals,pushing forward the development of agricultural insurance,perfecting the business of live-animal mortgage financing,simplifying the judicial execution procedures on collaterals and choosing excellent loan applicants.