2013•Journal of Guangxi University of Finance and EconomicsRequires access

Research on the Innovation of Rural Financial System in China under the Background of“Four Modernizations”Synchronization

Zang Kai-b

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Abstract

As an important part of theFour ModernizationsSynchronization,the notion ofmodernization of agricultureserves as the direction of China's agricultural development. With an important role played in rural economic development,rural finance is becoming an important driving force to promote the development of the modernization of agriculture. However,rural finance at the present stage has long been unable to meet the needs of the development of agricultural economy,and the rural financial system needs to be innovated.However,the system remains unanimated due to such factors as frequent natural disasters,negligence of market-oriented operation,the outdated ideas,huge outflows of rural credit capital and over-emphasis on the development of micro-credit. Therefore,in order to break through the limits of current rural financial system,we must consider how to solve the above-mentioned problems.

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As an important part of theFour ModernizationsSynchronization,the notion ofmodernization of agricultureserves as the direction of China's agricultural development. With an important role played in rural economic development,rural finance is becoming an important driving force to promote the development of the modernization of agriculture. However,rural finance at the present stage has long been unable to meet the needs of the development of agricultural economy,and the rural financial system needs to be innovated.However,the system remains unanimated due to such factors as frequent natural disasters,negligence of market-oriented operation,the outdated ideas,huge outflows of rural credit capital and over-emphasis on the development of micro-credit. Therefore,in order to break through the limits of current rural financial system,we must consider how to solve the above-mentioned problems.

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Available abstract

As an important part of theFour ModernizationsSynchronization,the notion ofmodernization of agricultureserves as the direction of China's agricultural development. With an important role played in rural economic development,rural finance is becoming an important driving force to promote the development of the modernization of agriculture. However,rural finance at the present stage has long been unable to meet the needs of the development of agricultural economy,and the rural financial system needs to be innovated.However,the system remains unanimated due to such factors as frequent natural disasters,negligence of market-oriented operation,the outdated ideas,huge outflows of rural credit capital and over-emphasis on the development of micro-credit. Therefore,in order to break through the limits of current rural financial system,we must consider how to solve the above-mentioned problems.

Key concepts: China, Business, Modernization theory, Order (exchange), Agriculture, Finance, Capital (architecture), Rural economy

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