Study On The Problems And Countermeasures Of "Three Rights" Mortgage Financing In Rural Areas Of Yunnan Province

The “Agriculture, Rural areas and Farmers” issue always been a very important issue of our country, since 2004, the annual central files will be referred to the "three rural" issues and some policy advice of them. Effective solution to the problem of“Agriculture, Rural areas and Farmers” not only is the inherent requirement of the rapid development of China’s Chinese characteristics of market economy, but also the inherent power of constructing the harmonious society in China. The key to solve the problem is to realize the fast, stable and healthy development of rural economy, to realize the perfection of rural financial market and the balance of financial supply and demand. However, due to the particularity of rural economic system, problems such as capital supply and demand imbalance and the financing channel is not standardized always exist. The main reason for these problems lies in the farmers’ rural land contract management right, homestead use rights and forest rights cannot serve as collateral for loans to the mortgage loans and banks do not want to lend to farmers because of risk factors. In order to solve this dilemma, “three rights” mortgage loan have come into being.Up to now, many parts of China have made a series of achievements in the exploration of “three rights” mortgage loan and provide much useful and valuable experience for solving the problems of the unbalanced supply and demand of China’s rural finance. However, the economic development conditions in different parts are different, the difficulties and problems need to be solved will be different. Therefore,the problem of Yunnan province needs specific analysis of specific issuesThis paper describes the "three rights" mortgage loan in Yunnan Province, on the basis of field investigation in some of countrysides and analyses the difficulties and problems of the "three rights" mortgage loan at this stage from macro level, such as: lacking of legislative support, government’s support strength is insufficient,financial institutions are poorly motivated, imperfect market system, value evaluation is not perfect, market risk, active of peasants is poor and so on. Then, the paper takes typical counties farmers as samples and analyzes the influence of every indexes onfarmers’ willingness to lend. Finally, combining macro and micro levels, starting from the practice of Yunnan Province "three rights" mortgage loan, this paper provides some path selection and suggestions, such as: improving legislation, strengthening government support, innovating business model, improving the market system,encouraging farmers to participate in activities and so on.