The Legal Analysis Of China's Banking Industry On The "Three Rural" Financial Services

The agricultural economy has always been an important part and section in the development of modern economy , and "three rural" issue has been the key problem that contemporary China should pay special attention to and even solve firstly. The development of modern economy and the support of finance are inseparable. Therefore, to resolve China's "three rural" issue , in addition to the government should control and guide the finance to make it increase investment in agriculture by using preferential policies, the more important thing is to rely on rural finance, it can be said that the financial support is "the main driving force" for promoting the "three rural" sustainable development. However, because China's market economy is not imperfect ,there are many significant deficiencies in the system of the rural financial system, which checks and constraints the development of agricultural and rural economy. If the rural financial market is out of order , we need use the financial laws to regulate it.As an important branch of economic law, financial law can increase support for the rural economy and management by developing the functions of financial regulation and supervision, and follow a path that financial support for agriculture in accordance with law, and thus it can be able to gradually balance the huge urban-rural economic gap.This paper departs from China's rural financial reform and development process, as well as the status of rural financial organizations, institutions and problems to analyze the current financial environment and problems in rural areas, and improve a series of new proposals to accelerate rural financial reforms, improve the performance of rural financial reform, and earnestly solve the issues that the effective support of the rural finance on the the "three rural" on the base of the old recommendations that have been improved. The article should be divided into four parts. The first part is to explore the historical evolution that China's banking industry relate to the legal system of rural financial organizations, because history is a mirror. Through the analysis of historical events, we can find some useful inspiration. Combing the evolution contents of the legal system of the China's rural financial organizations is helpful to us to find some valuable insights, the author described China's banking industry relate to the historical evolution of rural financial services individing into four phases , and then described the evolution characteristics of the legal system about the "three rural" issues. The second part, it is an analysis about the status quo of China's banking industry on the "three rural" financial services, the existing problems and the deletion of the legal system. The author discussed this part individing into two aspects, firstly the author analyzed of the formal financial institutions: policy banks, state-owned commercial banks, rural credit cooperatives and other banking organizations (postal savings) in the six major types of banks and rural cooperative foundations and other non-formal financial institutions and the existing problems. Then the author analyzed the the deletion of China's banking industry on the legal system of "three rural" financial services. The third part was to study financial organizations and the legislative situation in rural areas abroad. Firstly this part introduced the basic situation of the foreign agricultural financial system and compared them. Then this part summarized the successful experience about their financial institutions in the rural areas legislation. Look forward to provide some information that we can learn from for improving the legal system of rural financial organization, and to facilitate our country based on local resources, save the cost of legislation and raise the quality and efficiency. Finally, it was the discussion about the improvement and innovation of the legal system of rural financial organization from three aspects, improving the rural financial legislation, increasing supervision and improving the environmental. First, the scope of business of financial institutions, functions and roles etc. should be adjusted for resolving the randomness of agricultural inputs through the legal system, "rural financial institutions, Law," should be legislated and the legal status of private financial organizations should be established. From these three areas, the article demonstrated the legitimacy and necessity of perfecting and innovating the legal system of rural financial organization. Secondly, this article looked at improving the management of rural financial organization, proposed the principle that it must be insisted in perfecting and innovating the legal system of rural financial organization from the following three aspects, the institutional setting, funds uses and the risk prevention, and the banking services in the three rural issues supervision should be increased. Finally, the author pointed out that the main cause of the defection in the legal system was the financial regulation targets' imbalances, the government's improper intervention, the supply of the legal system laging behind economic development, and the immature development of rural financial organizations. The author demonstrated it from the following three aspects, increasing government support for the banking sector, improving the agricultural insurance system and establishing a credit system for the whole society.