The Study On Our Rural Financial Development Process In The New Situation And Problems

Rural financial is an important part of the financial system, in promoting the construction of new countryside and the development of modern agriculture plays a vital role. The 2011 is the year of the twelfth five-year plan start, Seventeenth session of the fifth plenary session and the rural work of the meeting points out:to speed up the rural financial reform as during the development of the financial industry focus. Agriculture is our basic industries and in the economy plays a prominent role. The financial supports the development of agriculture. At present our country has already formed the including commercial Banks, policy Banks and cooperative bank multilayer financial support system. Since 2003, the reform in the rural credit cooperatives marked a new round of the rural financial reforms have achieved a remarkable results. Agricultural bank of China had successfully completed share-holding system in mainland China and Hong Kong. Further established rural credit services agriculture main force position. Agricultural infrastructure has been improved continuously. Financial services product innovation and agricultural financial environment has improved.This paper first reviews the rural financial system reform in China for more than 30 years, and points out that the achievements in the rural financial system reform still existing some new problems and new situation. Grassroots prevailed lacking of regulatory. At present our country folk financial prevailed, on the one hand, can prompt and convenient meeting farmer's credit demand, promoting the development of rural economy. On the other hand, due to a lack of regulatory supervision and management, tends to affect the stability of rural financial system. Rural mutual cooperatives as relatively successful cooperative finance mode, has the advantage of commercial Banks that didn't. In the vast rural areas has a broad mass base. But because of funding sources is limited, can't absorb public deposits, loan finance is limited, the contradiction of supply and demand in mutual funds, to the detriment of sustainable development. The development of villages Bank located in serving "agriculture, countryside and farmers", but limiting by a policy and copying commercial management models cannot get rid of commercialized path not truly achieving the purpose of serving "agriculture, countryside and farmers". Reform of China's rural financial ecological environment has some achievements, but because of agriculture laws and regulations which is about financial enterprise is not perfect and financial products and services lacking of innovation, rural financial ecological environment needs further perfection.Learn from other countries in the rural financial system reform based on successful experiences, this paper put forward the rural financial system reform proposal:The formal financial institutions should give full play to the advantage of serving "agriculture, countryside and farmers", fostering diversity of rural financial market. Continue to deepen reform of rural credit cooperatives, actively use commercial bank capital and network advantages, give full play to the policy advantages of the policy bank, completes the financial support of work. Positive standard and guide of non-formal finance organization services of rural financial market. From the Angle of legislation regulating financial running grassroots home and make it become the financial supporting important strength. Expand cooperative financial organizations funding sources, reasonable guiding rural capital backflow of rural financial market. Finally, gradually improving rural financial insurance system, enlarging agricultural futures varieties, playing futures market price discovery and hedging function, tightening fiscal support innovation of rural financial products and service, perfecting rural financial ecological system realize the sustainable development of rural finance.