The Research Of Financing Issue For Zhejiang Farmer’s Specialized Cooperation

In the process of Chinese characteristics agricultural modernization, improving the degree of organization of the agricultural industry is important. In which, the point is to accelerate the development of farmer’s professional cooperatives. However, at this stage, the cooperatives faced the problems of the shortage of funds during its development. Zhejiang, as the only experiment province of transforming the type of economic development, also has to face the similar problem of short of the capital,which restricting the development of Zhejiang farmer’s professional cooperatives, the limited fund sources and accumulation have given bad impact on the expansion of business scale of the cooperatives. The problem of financing has become the main bottleneck, which restricting the cooperatives development. Therefore, it meaningful to get a deep understanding of the current financing situations and existed problems, and find out the caused factors, explore effective ways to guide the cooperation to developed better and faster and promote agricultural modernization.This thesis takes property rights theory, modern finance and other related theories as main analysis tool, based on the combing in detail of the related cultural heritage at home and abroad. through the questionnaire survey data of62cooperatives in Zhejiang Province, by analyzing the current financing situation of it, that there are some problems such as limited endogenous financing、lack of the channels of the external financing supply、the financing need can not meet in the cooperatives. Further analysis the financing difficulties of cooperatives faced by deep-seated reasons:cooperatives own characteristics including its own not perfect internal system and members lack of fund leading to the lack of cooperatives endogenous financing; the insufficient supply of rural financial institutions、 private finance generous but insufficient investment in cooperatives and land management right transfer poor leading to cooperative financing supplylimited.Based on analysis, the paper mainly from three aspects of strengthing the endogenous financing and external financing and improve the financing environment of cooperatives to solve it, through these two aspects of regulateing the co-operative behavior to strengthen their own power, as well as cooperatives and improve the internal governance institutions to expand cooperatives endogenous financing. meanwhile, due to the short supply of the widespread financial of rural areas, so it necessary to expand agriculture credit funding sources and establishing agricultural risk protection system, innovative credit business varieties, and guide private financial cooperatives financial services to eliminate the contradictions between financial (rural financial institutions) and community (farmers’ professional cooperatives) in the financing to adening the external financing.besides because most of the cooperatives depend on the agricultural land,so it requires clear land property rights, establish a sound land transfer mechanism, develope agricultural management rights transfer cooperatives, standardize the transfer process promoting land circulation of these three aspects in accordance with the law to speed up land management right in order to improve cooperative financing environment.