The Building Of Regional Private Lending Organization In Jiangsu And Zhejiang Provinces

Since the reform and opening up, the economic system transition and rapideconomic development in Jiangsu and Zhejiang provinces have attracted people’sattention, more and more scholars are discussing the "Wenzhou Model"," TaizhouModel" In the premise of the institutional economic security and stable development,China also has achieved rapid growth of the private economy outside the system.However, why the private economic can grow up in the cracks of the state-ownedeconomy,and become indispensable. Therefore, we should enter into Jiangsu andZhejiang region to uncover the root causes of the deep-seated power behind thedevelopment of the private economy. They discovered that the private lending systemis an important promoter of the rapid development. Shi Jinchuan declares that theprivate financial industry is rised by the deepening reform of market economy,especially the development of the non-state economy. In large areas of Jiangsu andZhejiang provinces, on the one hand,there are a large number of idle capital, on theother hand,a lot of private economic entities have financing difficulties. It is thedevelopment of private lending that prospering private economy, solving thefinancing problems. But in the fall of2011in Wenzhou, a storm of the enterprise boss"run road" was set up, which exposed the problems of private lending as well as thecrisis of private lending capital chain.Therefore, how to guide Zhejiang capital invest in small and medium-sized micro-enterprises and construction of the "three rural",and to curb private capital toparticipate in usury, speculate real estate, speculate in mineral resources, and toprevent private lending triggering a chain of funding crisis has become a issue to bediscussed. I think one of the ways to solve these problems is to develop andregulate the private lending, and form a regional non-governmental financial servicesorganization, which is worked for small and medium-sized micro-enterprise. This isan effective means to accelerate the transformation of economic growth of Jiangsuand Zhejiang Provinces. And this is the direction of regional economic structuretransformation and upgrading. So this paper sums up the concept of private lendingsystem, the existence of historical inevitability and the development path, learns fromBangladesh, Germany and Taiwan, and then frames one private lending models theprivate lending service platform. The platform is guided by government, supported bymarket, and matchmaking for lenders and borrowers.And then this platform mastersthe flow direction of private capital to guard against and defuse financial risks.Onthis basis, forming a multi-level, diversified financial service system which iscorresponded with the formal financial institutions to ensure the health, safe andsteady of the financial system.Previous theoretical studies start from the regulatory of private lending, does nottake into account of its own development, only the design of effective private lendingorganization model can address the problem,improve the financial system, supportthe private economy,optimize the industrial structure. And that is my conception.