Proposed Measures for Developing Chinese Rural Cooperative Finance

The cooperative finance is one of the essential part of the modern financial system. No matter in developed countries or in developing countries, the practice of their development of economy and finance suggest that, cooperative finance, relative to the far-flung and independent rural economy, villages and towns economy and community economy, plays an important role in providing financial service to develop production and to improve living conditions, etc. According to the present status in China, the 20 years since the open policies and reform have sped up our industrialization and urbanization, but the two-tier economic structure has not been fundamentally changed. Therefore, the rural cooperative finance would have a wider room to develop. Thus it's not only a matter of theory research but also an application of the theory to study the rural cooperative finance and its development.