2007Journal of Henan Institute of Financial ManagementRequires access

Policy Suggestion on Pushing forward Rural Finance Reform in New Countryside Construction

Wei Gao

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Abstract

Rural finance,as the most important fund element allocation system,has played a very important role in rural economy development.In new countryside construction,it's compulsory for rural finance reform to increase financial service supply for agriculture,countryside,and peasant,promoting the sustainable development of rural financial institutions.The concrete measures include: perfecting a multi-level rural financial system based on cooperative finance,commercial finance and policy finance;establishing an efficient rural funds reflow mechanism;developing rural community fund and small sum credit loan institutions for making up the service blank of rural finance;actively developing agriculture insurance and produce futures for distributing the natural and market risk of agriculture production;improving rural financial development environment,etc.

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Rural finance,as the most important fund element allocation system,has played a very important role in rural economy development.In new countryside construction,it's compulsory for rural finance reform to increase financial service supply for agriculture,countryside,and peasant,promoting the sustainable development of rural financial institutions.The concrete measures include: perfecting a multi-level rural financial system based on cooperative finance,commercial finance and policy finance;establishing an efficient rural funds reflow mechanism;developing rural community fund and small sum credit loan institutions for making up the service blank of rural finance;actively developing agriculture insurance and produce futures for distributing the natural and market risk of agriculture production;improving rural financial development environment,etc.

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Available abstract

Rural finance,as the most important fund element allocation system,has played a very important role in rural economy development.In new countryside construction,it's compulsory for rural finance reform to increase financial service supply for agriculture,countryside,and peasant,promoting the sustainable development of rural financial institutions.The concrete measures include: perfecting a multi-level rural financial system based on cooperative finance,commercial finance and policy finance;establishing an efficient rural funds reflow mechanism;developing rural community fund and small sum credit loan institutions for making up the service blank of rural finance;actively developing agriculture insurance and produce futures for distributing the natural and market risk of agriculture production;improving rural financial development environment,etc.

Key concepts: Finance, Rural economics, Rural area, Peasant, Loan, Business, Financial services, Futures contract

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