Research Into The Strategies For The Rural Financial Development In China-Analysis On The Basis Of Supply And Demand

In China, the problem of agriculture, rural area and peasant bears upon our economic and social development and modernization programme. Rural economic development cannot be achieved without financial input. Since our rural development is comparatively backward, the accumulation of different economic bodies can't meet their own financial needs. So a rural financial system suitable for rural economic development is needed as a powerful backing. Speeding up the reform and innovation in rural financial system will have a great influence on our rural economic and social harmonious development.This paper at first describes the situation of our rural financial reform. The first stage: resume and build rural financial arrangement (1979-1993); the second stage: try to build up rural financial system (ie, commercial, co-operative and policy financial system) (1994-1996); the third stage: strengthen reform and promote rural commercialized and pluralistic finance (1997-2007). Then by analyzing the existing gap in our rural finance from the perspective of supply and demand, we find that both are insufficient and then analyze the relevant causes. Finally, drawing references from the modes of foreign rural financial development and Japanese rural co-operation together with our rural financial development, it proposes countermeasures on the basis of supply and demand of our rural finance and of our rural financial risk supervision respectively.