China Microfinance Mode Of Operation Research

Micro-finance is a new financial approach developed outside of the traditional financial system; it is designed to provide continuous small-amount financial services for low-income groups. Micro-finance has been developing rapidly in many countries, especially developing countries, and it makes good performance in the promoting self-employment of lower-income groups and thus raising their income levels. Micro-finance is not only an essential part of financial system but also a necessary part of deepen development of finance.In China, micro-finance is still in the exploratory stage, due to the deficiencies about supply situation of micro-finance market, operating environment, operational mechanisms and so on, there are still many problems in the operation mode of micro-finance. Exploring and then optimizing China's national micro-finance mode is not only an inevitable choice in deepening the development of China's micro-finance, but also a necessary requirement to achieve inclusive financial goals.With methods like empirical research combined with normative research, comparative analysis, and so on, by comparing classic modes of micro-finance operation internationally, and analyzing problems about China's micro-finance operation mode, the article presents that China should establish a multi-level system of micro-finance and develop a variety of micro-finance operation modes. In conclusion, the article proposes optimized suggestions on mechanisms and environment of China's micro-finance operational modes. For example, optimizing operational mechanisms through lending mechanism, repayment mechanism, incentive and restraint mechanisms; optimizing operational environments through legal environment, fiscal policy environment, monetary policy environment, credit environment, etc.The article demonstrated operational modes of micro-finance, both domestically and internationally, by empirical studies, moreover, the article proposed optimizing suggestions on operation modes of China's micro-finance through normative research. All in all, the research provides theoretical guidance and feasibility of suggestions for the in-depth development of China's micro-finance.