China’s Rural Financial And Legal Regulation

Adhere to the scientific outlook on development as guidance, strategic approachto building a harmonious socialist society and building a new socialist countryside tothe development of the "three rural issues" referred to an unprecedented historicalhigh, was placed in a new and modern development of frontier. In this environment,the plight of the rural finance and related laws to improve the current hot issues needto be resolved. The analysis demonstrated China’s rural financial legislation the statusquo and defects, combined with foreign rural legislative experience, and improve thelegislative suggestions on China’s rural financial legislation specification file.The face of China’s rural financial predicament, improve relevant laws of China’srural financial system has become the present urgent need to address the main issues.In this paper, the premise of the direction of the new rural financial system；legislativestatus quo of the existing rural financial legal system and defect analysis, Combinedwith the developed countries, such as the development of rural finance in Japan、theU.S. legal system has experienced the reality of our country, China’s ruralfinancial legislation specification file to improve the legislative suggestions.In terms of the legal status quo of China’s rural financial subsidiary of China’srural financial legal system in the commercial and financial legal system, resultingin part of the rural finance law does not apply to rural financial managementand specification； Individual areas of legal defect exists, there will be some grayareas, the breeding of such phenomena such as usury；Legal gaps, and rural financialmarkets and regulatory confusion exists in the rural on-formal financing. In view ofthis, need to face the reality of the reform of China’s rural financial institutions.I proposed to build a combination of formal rural financial and non-formal financingform of financial architecture, rural financial markets from a single form, and build astable, moderate competition, and there are good prospects for the development offinancial markets. Improve the rural financial legal system, Improve the rural financial legal system, I believe that China’s rural financial law system for acombination of roads to take a comprehensive legislative and sub-industry legislation.In this particular period, should focus on separate legislation. The perfect path for therural cooperative financial and rural non-formal financing.