Post-reform Era The Road Of Reform And Development Of Rural Credit Cooperatives And Legal Protection

Rural credit cooperatives are one of the morphology of thecooperative system. Abroad more than150years history, the firstco-operatives can be traced back to the mid-19th century. In1844,a small town near Manchester, UK, a Ming Jiaoluo virtual Dell,28flannel textile workers initiated and formed a consumer cooperative,called "Lo virtual Dell fair Herald Society officially marks thecooperative movement. China also has70years of development history,the1950s period of rapid development of China’s rural cooperativefinance, rural credit cooperatives and agricultural productioncooperatives, rural supply and marketing cooperatives, tied for thethree cooperatives in rural areas for economic recovery anddevelopment after the founding of made outstanding contribution.1958, a sophomore public under the guiding ideology of rural creditcooperatives have been wandering in the twists and turns, repeatedseveral times is always difficult to get out of the woods, thenational financial work conference in February2002, the centralauthorities issued the "CPC Central Committee and State Council onfurther strengthen financial supervision, deepen the supervision of financial enterprises, and promote the healthy development of thefinancial industry views "drew a blueprint for the development ofrural credit cooperatives in the new century, marks the largest sincethe founding of the beginning of the reform of credit cooperatives,rural credit cooperatives reform program documents; the Third Plenumof the CPC Central Committee made the decision to improve thesocialist market economic system "refers to" improve the ruralfinancial service system, the country to give appropriate policysupport and the experience gained through pilot graduallytransformed into the rural credit cooperatives in rural communities,local financial enterprises, the meeting on the reform of ruralcredit cooperatives has made a comprehensive deployment: DengXiaoping Theory and "Three Represents" as guidance, clear propertyrights, to speed up management system and the reform of propertyrights, credit unions do gradually become three rural local financialservices companies. This reform from2003to2012was nearly10years,to the post-reform, from the pre-reform situation, the reform ofrural credit cooperatives in the village of has indeed made thefollowing initial results: significant improvement in asset quality, significantly enhance the financial strength, profitability hassignificantly improved, increasing agriculture put in support foragriculture also significantly enhance the property rights systemreform has begun, the initial establishment of a corporate governancestructure. In the post-reform era, rural credit cooperatives shouldbe adapted to the new situation, especially since the financialcrisis, the three rural development of the rural credit cooperatives,efforts to resolve the deep-seated problems in the reform processof sustainable development throuh the establishment of rural creditcooperatives, commercial The long-term mechanism to realize theobjectives of the reform of rural services. Specific to abreakthrough in the following aspects: to maintain the stability ofthe city and county legal status is a property rights reform of ruralcredit cooperatives should adhere to the principle of long-term;moderate competition in rural financial markets, strengtheningexternal competitive mechanism of binding; further improve the ruralcredit cooperatives management system, strengthen the servicefunctions of the provincial level, the Associated Press; theestablishment of the normal support mechanisms for the systemic, institutional rural finance policy.Under the new situation, especially since the financial crisis,the reform of rural credit cooperatives to face new challenges, butthe emergence of the crisis made clear the direction of reform, newchallenges, new opportunities but also the firm belief of the reformto solve the credit cooperatives reform deep-seated problems in theprocess. Any problems should have a certain way and contingency plans,so that we rule-based, encounter the problem will be an orderlysolution. The clear market orientation of rural credit cooperatives,cooperative financial nature which need to strengthen legislationto establish a cooperative financial Act is to ensure the stableoperation of the needs of the rural credit cooperatives, legal formof a clear management structure of rural credit cooperatives, clearrural credit cooperatives clearly defined at all levels focus on theresponsibilities of local government, rural credit cooperativesindustry, regulatory agencies, supervision and management ofinstitutions and departments as well as the relationship betweenconducive to the establishment, perfect for long-term developmentof cooperative financial management system, which is also This article explores the innovation of this paper the Department. In theprocess of writing draws many foreign credit cooperatives reform ofthe valuable experience and many scholars in the reform process forthe Chinese love for their constructive comments, which a large partof the author agree with, but some of the views due to their levelof knowledge limited may not be able to ponder the matter thoroughly,and not be recognized, but the authors put forward their differentviews, for example, domestic scholars have proposed alienation ofthe rural credit cooperatives, the cooperatives should belegislation, as well as the direction of the reform era of creditunions and so on.