The Studies On Utilizing Stock Market To Promote The Level Of Agricultural Industralization

Regarding to China, a big agricultural country, the great significance of agriculture toeconomic development and social stability is self-evident. During the procedure of gradualestablishment and continuous improvement of the socialist market economy system,agricultural development is in the new transformational period. In the process of the transitionfrom the traditional agriculture to the modern agriculture, agricultural industrialization is aninevitable choice for agricultural modernization. Agricultural industrialization is a procedureof unceasing consummation and development, cannot reach the goal in one step. At thepresent, there is a larger gap on the level of agricultural industrialization between China andsome developed countries, and Chinese agricultural industrialization is in the developingstage, therefore how to promote the level of agricultural industrialization becomes a veryimportant research topic.With the development of the market economy，there are still some problems during thedevelopment of agricultural industrialization. There are still many problems restrict thepromotion of the level of agricultural industrialization directly, such as short funds, smallscale of production, backward management mechanism, high risk, backward technologicallevel, low product added value, and weak payoff capacity of the agricultural enterprise, etc.Of which the absence of capital support is the significant factor which will limits ouragricultural economic development for a long period. The stock market is the outcome of thelarge-scale production. With the20years’ development, the stock market has improvedgradually, the importance of the stock market for national economy has already reflectedincreasingly, especially in the allocation of funds, capital pricing, distribution of resources,spread risk, and transformation of the management.During the new period of agricultural development, utilization of stock market to promote thelevel of agricultural industrialization is the inevitable choice. In this paper, in order to analysisthe catalyst effect of stock market for agricultural industrialization, an empirical study wasdone on the Sichuan New Hope Group. From three angles of stock market, bonds market andfund market, this paper gives an in-depth analysis of the problems in the process of utilizingthe stock market for agricultural industrialization, and these problems are following: thenumber and scale of the agricultural listed company is small, the capacity of agricultural listedcompany to earn profits is poor, the circulation of agricultural bond is small, the starting of agricultural industry investment fund is late and the scale of agricultural industry investmentfund is small, and so on. In this paper, based on the analysis above, some correspondingsolutions were pointed out in an attempt to improve the catalyst effect of stock market foragricultural industrialization. The authors considered that establish rearing organizations forto be listed, decrease the conditions of agricultural enterprise to be listed, develop leadingenterprises, encourage excellent listed company to refund, extend the industry chain, changethe operating model, build agricultural board in main board, actively and reliably promote theagricultural bond issuing, develop agricultural industry investment fund, and these solutionscould be promote the level of agricultural industrialization. In this paper, the authors putforward the concept of agricultural board for the first time, and the innovation of this text liesin: the definition, the ideas for construction, and the specific system arrangement ofagricultural board.