New Cooperative Financial -the Development Of Rural Financial Self-help Groups And The Play Of Government Functions

In rural, the form of capital financial market is low in general, financial supply far lower can effectively meet the capital requirements to farmers. In 1997, after the central financial meeting, the state-owned commercial Banks comprehensively from the county region, rural cooperative finance became the subject of rural finance. But rural credit cooperatives that as the main force of the formal financial support is from the cooperative finance farther and farther. December 22, 2006, the CBRC issued "on the adjustment of financial institutions in the banking industry to relax the rural areas, access policy to better support the building of new socialist countryside Some observations" (Yin Jian Fa [2006] No. 90), for the first time allow industrial capital and private capital to rural areas and construct bank, and found the three types of financial institutions, which villages banks in the rural, finance companies and rural credit union ,opening the full financial markets of rural. This represents the rural credit union as a new cooperative financial form which get the nation's recognition and support, and reality have proven that it is an effective financial cooperation that ease the contradiction between supply and demand of China's rural finance and meet the credit needs of farmers.The paper is based on co-finance theory, the induced institutional theory, institutional change theory, using the combination of methods what theory and objective case reports and SWOT analysis, with the means of international cooperation theory as the theory support, the status of rural financial organizations in domestic as the background, showing the development of China's rural financial union status in the current and bottlenecks of constraints.This paper is divided into seven chapters, in the first chapter, discusses the purpose and significance, literature review, research ideas and research framework. In the second chapter, it describes the mature cooperation of the foreign and the development background of the domestic financial organization which provide theoretical support and background support for the development of rural financial self-help organization. In the third chapter, describe the motivation of bring the rural financial self-help organization which in the coexistence of mutual funds of many rural financial organizations. Then in the fourth chapter, firstly introduce China's current development status of rural credit union funds, secondly for example with baixin credit union, describes its operation mechanism and mode of development. In the fifth chapter, through to brief news, reveals the problems appeared in it's developing. In the sixth chapter, through SWOT method, propose the rural mutual cooperatives what faces challenges and opportunities. The last chapter from government supervision, legislation, service, establishing the model for the development of rural organization, as a explore for the development of rural mutual cooperatives.