Study On Fostering Rural Financial Factor Market In Chongqing

Rural finance is served as rural economy. Because of specialization in agriculture, the development of rural financial factor market is less than urban finance with regard to large system and structure complex in Chongqing. Going in for financial center in the upper reaches of Yangtze River, it is important to develop perfect rural financial factor market beside urban finance. History has proved: whether developed countries or developing countries, a perfect, functional, efficient financial factor market had played as an important role in the readjustment of industrial structure and economy in a country or region. If there is not an efficient financial factor market system to run capital, it is hardly conceivable that rural area can achieve industrialization."to enhance rural financial service ability"is introduced in《the Central Committee of the Communist Party of China and the State Council about promote steady development of agriculture and continuous increase in rural incomes in 2009》(Central File No.1 in 2009).Based on the above background, this thesis studies on rural financial factor market in Chongqing, analyses the development Models, and explores Fostering mechanism. First, it reviewed the theory of rural financial factor market, summarizes experience of fostering it, and then defines involved concepts in this paper, to wit financial factor market and its classification, rural financial factor. Second, by Questionnaire method, it analyses the development Situation of rural financial factor market (rural credit market, rural insurance market, rural exchange land market, rural futures market) in Chongqing, to examine the efficiency and validity of the rural financial market in Chongqing. Third, based on the optic angle of financial center in the upper reaches of Yangtze River, it advised functional localization, track search and development model of rural financial market in Chongqing. At last, it summarizes some conclusions by full paper, and puts forward corresponding policy, the market to predominate to guide with government.Analysis of the rural financial factor market of Chongqing:①since the influence of specialization in agriculture, it only has traditional deposit and draw, but other services are less, such as settlement, insurance, foreign exchange, and so on.②The credit market directly concerns with peasant lives and rural enterprises production. Some problems, such as credit capital inadequate, loan difficulties from formal financial institutions, mismatch between supply and demand of small loan, and so on, badly hamper the agriculture industrialization, scale and intensification development.③Rural insurance market of Chongqing initialed earlier, but developed very slowly, types of rural insurance single, regulation not perfect and coverage small of social security; so that rural enterprises production and peasant lives level can be supplied.④Rural land exchanged market as a breakthrough point of coordinating urban-rural development of Chongqing, assessment system of land values would be settled quickly.⑤The animal future market is a test of rural futures market in Chongqing, but not yet established scale, and it is still in an exploratory stage.The results of development show that rural financial factor market of Chongqing plays still in a weak role. But to coordinate financial center in the upper of Yangtze River and to solve agriculture-related problems, fostering rural financial factor is an urgent task. Its development must build on a perfect market system and efficient market supervision. As same as other industries, finance exist operators and supervisors also. In fact, fostering financial market is a result of a series repeated game between operators and supervisors around profit and violation, and rural financial factor market is like that. The operators in the rural financial factor market break the rule in order to gain excess earnings. The excess earnings is more, and allure of break rule to gain excess earnings is more. The operators don't break the rule, because they may be punished (namely coercive force of market rule).To build financial center in the upper of Yangtze River in Chongqing, it must be important to reform and develop rural finance. The functional localization of rural financial factor market of Chongqing is to perfect the system of this financial factor market, to solve agriculture-related problems, to server agriculture-related building, so as to it adapt the development of agriculture industrialization, support new country construction building and ensure the demand of peasants lives. The urgent task on hand is to integrate relevant financial factor resources and foster a rural financial factor market which adapt to the demand of coordinating urban-rural development in Chongqing. The track search could be to set about above:①to apply a rational model between demand and supply in rural credit market;②to build multi-layered rural insurance market (namely material object, ownership, living body of a human);③to explore new style mechanism of rural exchange land market (namely property right market);④to clear and definite the subject exchanging in the rural future market;⑤to build others rural financial factor market, so then to perfect the system of the rural financial factor market of Chongqing, in order to boost rural economy, escort agriculture industrialization, and continuous increase in rural incomes, at last narrow down the difference between town and countryside.