Thoughts of the Reform of Rural Credit Cooperatives

Many Provinces have chosen the form of province-level cooperatives in the reform of rural credit cooperatives,bus it has some problems.In order to solve this problem,many people suggest transforming the rural credit cooperatives into banks,but the people's bank of China afraid that the people in the rural areas will even harder to get loans.This will against the purpose of the establishment of the rural credit cooperatives and also hurt the interests of the farmers.We suggested that we could set up two levels of rural banks in the next step of the reform of rural credit cooperatives.