A Study On Transformation And Innovation Of China's Rural Cooperative Finance In New Era

Finance is the core of modern economy, the development of China's "Sannong", that is, three problems about countryside, agriculture and farmers, is indispensable to the support of rural finance. There is a natural link between Rural Cooperative Finance and "Sannong". It was, is and will be an important part of China's rural finance, with a great space and soil for survival and development. At present, with the accelerating of major strategic plans for building a new socialist countryside, the problem that there are serious shortcomings in rural financial system structure and operating mechanism has become a major factor restricting the smooth realization of the prominent strategic task. It has become a pressing issue the policy-makers, practitioners and researchers face to speed up the transformation and innovation of the Rural Cooperative Finance for providing effective financial support and promoting role.On the research of the transformation and innovation of China's Rural Cooperative Finance, this paper mainly discusses how to make effective transformation and innovation on the reforming theory, the mode of development, organization structure, institutional mechanisms, structure of the law and policy guarantee of Rural Cooperative Finance, thus to get it become the main force of China's rural finance, and play a better role as the main channel in supporting and serving "Sannong", pushing forward the building of a new socialist countryside and forming a new pattern of integration of the economic and social development in the urban and rural areas.This paper adheres to Marxist economics basic tenets as a guide. Referring to the reasonable factors of Western economics and with the use of modern financial theory and scientific research methods, it explores and defines seriously the basic aspects, important features and fundamental principles of cooperative finance. It also discusses the developing history, current situation and existing problems of China's Rural Cooperative Finance. Basing on summing up the successful experience and developing mode of the Rural Cooperative Finance at abroad, and combined with the current situation and changing trend of the economic and social development in China's rural areas and analyzing the trend of supply and demand changes of rural finance and the important role that cooperative finance plays in realizing the financing requirements of rural economic body in rural finance system, it discusses the development of "Sannong" and the inherent logic and practical needs in supporting China's Rural Cooperative Finance. It advances the basic principles and mode selection of the transformation and innovation of China's Rural Cooperative Finance. It also pushes forward the basic goals, fundamental principle, main mode and important ways for the transformation and innovation of China's rural cooperative finance. In addition, it mainly discusses the following issues, that is, the reformation and development of rural credit cooperatives, cultivation and innovation of extra rural financial organization, construction and stipulation of the insurance mode of co-operative agriculture, strengthening and improvement of rural cooperative financial ecosystem. And it also proposes the overall development ideas and concrete measures.