Draw Lessons from Foreign and Regional Rural Cooperative Financial Model and Development of Rural Cooperative Finance in China
WU Ai-hu
Abstract
WU Ai-hu
Abstract
At present our country rural credit cooperative is one of the important component of the rural financial system. Since the founding of new China 60 years,especially after years of development since the reform and opening up,China's rural credit cooperatives have become the majority of rural area's largest financial institutions,but its business model remains to be further improved,still need to strengthen service function. So,draw lessons from foreign rural cooperative financial successful model,which has important theoretical and realistic significance to promote the development of rural cooperative finance in China.
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At present our country rural credit cooperative is one of the important component of the rural financial system. Since the founding of new China 60 years,especially after years of development since the reform and opening up,China's rural credit cooperatives have become the majority of rural area's largest financial institutions,but its business model remains to be further improved,still need to strengthen service function. So,draw lessons from foreign rural cooperative financial successful model,which has important theoretical and realistic significance to promote the development of rural cooperative finance in China.
Key concepts: China, Rural economics, Finance, Business, Financial services, Rural area, Function (biology), Service (business)