Study Of The Development Of Rural Commercial Finance In Our Country

To solve the agriculture, countryside and farmers "dimensional rural issues" well, relates to the overall situation in the party and the nation cause development, and is always the most important one in the core tasks of the party and the government. Finance plays a more and more important pilot and basic role in the modern economic and social development. For solving the "dimensional rural issues" and accomplishing agricultural development, countryside prosperity and farmers income grows, it is essential to have the supporting effect of rural finance work. To further deepen rural financial system reform, accelerate the construction of rural financial system which contains a sound structure, safe system and efficient operation, strengthen the rural financial resource integration efforts, make the rural financial industry develop quickly effectively and healthily, realize efficient highly effective allocation of resources between urban and rural areas, help to promote the overall development of urban and rural economy and society and realize the domestic demand-oriented national economic strategy, stakes the realization of the modernization of agriculture and success or failure of new rural construction, but also directly relates to the financial interests and development rights of the hundreds of millions of farmers.Since the reform and opening up, rural financial reform has made great progress, the basic institutional framework with trinity and cooperation of commercial finance, policy finance and cooperative finance has taken shape, the level and ability of rural financial institutions providing financial serving to the "three rural" has improved significantly. But such problems as China’s long-standing urban-rural imbalance in financial development, financial institutions providing financial services for farmers not in place and the insufficient supply of rural credit funds, have not yet been fundamentally resolved. Lack of financial resources in rural areas, farmers, agriculture and township enterprises are subject to varying degrees of credit constraints, along with rural outflows of capital, the situation difficult to fundamentally change in the long period of time. In short, the degree of rural financial deepening in China is relatively low, it’s development is lagging behind, and has a big gap with the demand of the rural economic and social development and the new rural construction.However, the fundamental reason of rural financial development predicament, do not depend on agricultural itself has fragile nature, farmer manage dispersion and rural economic and social development lagging, and the rural financial natural with a high risk, high cost and low yield characteristics and causes of rural financial market failure, but in the rural financial development train of thought swing and institutional innovation lagging conservation, and difficult to adapt to rural economic and financial development of the actual needs. Over the past thirty years China’s rural finance reform and development practice has proved, in accordance with the rural financial development train of thought of taking the policy finance and cooperative finance as the main channel,we cannot solve the problem of rural financial inhibition, and unable to solve rural financial institutions own sustainable development problem. To reverse our rural financial development predicament, we must take the development of ideas mainly to commercial finance, vigorously carry out system innovation and supported by government policies, construct the new rural commercial finance system which is in line with modern agriculture characteristic and demand of farmers, but also can realize the sustainable development. China Banking Regulatory Commission in December22,2006issued" on the adjustment of relaxation of banking financial institutions in rural areas access policy to better support construction of a new socialist countryside views" and released in May26,2012"on encouraging and guiding the private capital entering banking implementation advice", let us see the hope.On the basis of the above study perspective, this article makes revelation of the rural commercial finance’s connotation as the starting point, through comparative research and in-depth analysis reveals for the first time the rural commercial finance" rural finance" and" commercial finance" double attribute, then the theoretical basis, function orientation, development condition and path selection of rural commercial finance has been researched. Based on the establishment of rural commercial finance related theoretical framework, the development process, the law of development and the experiences of rural commercial finance since China’s reform and opening up were summarized in this paper. At the same time, in combination of Commercial Reform and serving for "three rural" strategy implemented by the Agricultural Bank of China, this article tries to seek practical guidance for commercial finance in China’s rural reform and development, and brightly puts forward that we should make the commercial finance as our country’s rural financial main supply channel, build a rural commercial finance system as the basic goal of the reform of rural finance, finally put forward the development of rural commercial finance and taxation, monetary policy.The principal innovation of this paper contains the following respects:First, by the contrasts and analysis of rural and urban finance, commercial finance and policy development and cooperative finance, the rural commercial finance’s dual nature of "rural finance" and " commercial finance" has been profoundly revealed for the first time; Second, in combination of the environmental conditions such as economic conditions, institutional environment and cultural foundation of the rural commercial finance development, the realistic development path selection of the rural commercial finance development has been promoted; Third, by taking the Agricultural Bank of China as a case study into analysis, practical experiences for rural commercial finance reform and development have been provided; Fourth, core features, components and building ideas of the rural commercial financial system have been proposed.