Ponder on Chinese Financial System to Support Development of Agriculture
Fengyi Zhang
Abstract
Fengyi Zhang
Abstract
The financial industry has an irreplaceable effect on agricultural development,and is also a great support to the New Countryside Building.Starting with the discussion in the support from the financial industry to agricultural development,This paper analyzes the cause of formation of that: City two-dimension economic structure has expanded the gap between urban and rural development.Rural credit system constraints agricultural development and standards of financial supervision.China's financial support for agricultural development is not enough.The marginalization of the direction of capital supply,rural financial services and the main self-innovation capability lack of active non-governmental support.However,the drawbacks of credit and financial services in rural areas lack of management talent.Optimizing the rural financial services relies on fiscal policy to further promote rural development.According to the characteristic of agricultural loans,agricultural risk compensation mechanism is to be built up to reduce the risks from funds for supporting agriculture and promote credit service.The talents for the rural financial services and management are to be trained.Relevant laws and regulations are to be improved.For the actual situation in rural areas,financial innovation is to be strengthened to make better financial support for agricultural development.
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The financial industry has an irreplaceable effect on agricultural development,and is also a great support to the New Countryside Building.Starting with the discussion in the support from the financial industry to agricultural development,This paper analyzes the cause of formation of that: City two-dimension economic structure has expanded the gap between urban and rural development.Rural credit system constraints agricultural development and standards of financial supervision.China's financial support for agricultural development is not enough.The marginalization of the direction of capital supply,rural financial services and the main self-innovation capability lack of active non-governmental support.However,the drawbacks of credit and financial services in rural areas lack of management talent.Optimizing the rural financial services relies on fiscal policy to further promote rural development.According to the characteristic of agricultural loans,agricultural risk compensation mechanism is to be built up to reduce the risks from funds for supporting agriculture and promote credit service.The talents for the rural financial services and management are to be trained.Relevant laws and regulations are to be improved.For the actual situation in rural areas,financial innovation is to be strengthened to make better financial support for agricultural development.
Key concepts: Business, Agriculture, Financial services, Finance, Rural area, Service (business), China, Economic growth