| RCC is the main component of rural financial system. It is also the most important channel to circulate funds for farmers, agriculture and rural economy. The structure of property right in RCC is concerned with the fundamental direction of the rural financial development, the capital foundation of rural economy development, the farming increase and the increase of farmer's income even concerned with the stability of rural society. Restricted by the inner factors like a low quality of credit assets and confusion of management and administration etc., and the outer factors such as indistinct policy location and a low level of total social credit, there are serious problems in centralized share structure of RCC. The problems blocked the further development of RCC. Therefore, the present structure of property right must be reformed as soon as possible. In view of the different degrees of economy development in different areas and the different operation conditions of the RCC, the reform should not be confined to one form and a single solution for diverse problems, that is YI DAO QIE in Chinese, but support the system of multi-patterns' co-existence. On June 27,2003 the State Council of China enacted The Exploratory Plan of Deepening The Rural Credit Cooperative Reform. The plan indicated that there are mainly three kinds of patterns of RCC: Cooperation,Share-Capitalization,Cooperation-ShareCapitalization.Various patterns have respective characteristics and have different conditions and requirements toward the RCC. Cooperation can smash the trammels of seeking maximum of profits, and truly has its root firmly planted in rural areas and farmers, whereas it is difficult to conform to the growing demand among rural finance. In addition, the regulation of the service only for theshare-holders makes the Rural Credit Cooperative have smaller and smaller living space. So the Cooperation is only suited the the RCC of small scale with good capital quality, and the areas which need quick development, as well as the financial faults and blanks as a result of RCC's transformation, cutting down running service,and dismantling and emerging. Share-Capitalization can refrain from all disadvantages of Cooperation but its management target of chasing maximum of profits will lose the previous functions of serving farmers,rural areas and rural economy .in the end,it will lead to slow development of rural economy or even recession.So it's only adapted to fewer areas with high integration between cities and countryside.and the areas with large scope of credit capital assets.Cooperation-Share Capitalization chases both profits and the service for its members,and gives attention to the advantages of both the Cooperation and Share-Capitalization.Therefore it is a feasible choice for most rural areas in China. The enforcement of different patterns of property right reform will definitely promote healthy and quick development of RCC.At the same time,this development will guarantee the successful reform and will play an active role in the reform.So we can draw a conclusion,while implementing the reform of property right,we should also pay more attention to the development of RCC. In order to carry out the State Plan for the reform of RCC as soon as possible,and push forward the reform smoothly and accelerate the development of RCC,we need to take many actions such as reinforcing the management of the RCC,more supervision from the People's Band of China,support from state policy,social credit surroundings and so forth.Thus,we can gradually perfect the rural financial system,develop the rural financial organization and realize the prosperity of the market economy. While writing this paper,I applied the relevant knowledge offinance,law and administration in the study of MBA and combined my own experience of supervising the RCC to conduct exploratory probe and research on the property right reform and development of RCC.If there are some inappropriate viewpoints in my paper,I would like you,my honor... |
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