A Research On The Role Of Government Among China's Micro-credit Operation Of The Project

China's financial system is full of government-led color during its development , and the operation of micro-credit projects are no exception. Since the introduction of micro-credit in China, especially since the 1999 introduction of the People's Bank of relevant policies mandatory credit cooperatives, the Agricultural Bank to provide micro-credit, micro-credit to the Government and pro-poor policies are closely related, with the institutional arrangements government-led and coercive. Even non-governmental organizations, micro-credit projects are dependent on local government and a strong administrative intervention. Government in the development of micro-credit projects, as a facilitator, its fundamental role is to provide to its orderly development of the rules and mechanisms, norms to guide and promote the development of microfinance. First, the Government needs to continue to improve the government's regulatory functions, the development of micro-credit resolved in the course of the risk of adverse selection and moral dilemma, giving impetus to micro-credit institutions the pace of reform to help them embark on a road of sustainable development; Second, Government should play a service functions, the development of micro-credit resolved in the course of asymmetric information, and promote the establishment of the credit system and credit the improvement of the environment; Third, the Government should promote social equity and the urban-rural gap in the use of micro-credit projects themselves.