Research On The Legal Regulation Of Policy-based Finance Under The Land Use Perspective For Hollow Village

China has implemented long the urban-rural dualistic structure and urban, industry priority development strategy, which has resulted in China’s under-development of the agricultural and rural area. Rural hollowing development and hollow villages emerging has become one of the most normal and direct problems for China’s current rural area. Rural hollowing has also gave rise to widespread un-used house-site and uncultivated farming land.The waste of land resources will shake the red line of China’s1.8billion Mu farming land reserve strategy, which will affect food security and hold back sustainable utilization of land resources and sustainable development of rural economy and society. Therefore, how to use the un-used land resulted by the rural hollowing has become the unavoidable problem of the rural development in new days.The emerging uncultivated land of hollow village represents the trans-regional and cross-industry flow of the social capitals2, that is to say,with the developing of China’s urbanization, a large sum of capital invests in urban industries and service sectors.So it is necessary that the government should guide the flow of social capitals to solve the problem of un-used lands.But the social capital will not flow back the countryside spontaneously, it needs the government’s regulation policy.Policy-based Finance,which has functions of guideline and inducement, is a good choice for guiding the capital’s re-flow.To compare with the market institutions,policy-based finance has clear reverse selections for industries or sectors.That is to say, with the operation of market institutions, some industry or sector has no enough capital and proper development; and policy-based finance supports these industries or sectors that has regarded the lag or unable selection of the market as prerequisites. And the rural hollowing is the result of the section. So, with such kind of new rout, policy-based finance can support the land use of hollow villages.But for the operation limitations of China’s policy-based finance, it is not favorable and has lots of blanks,especially has no relative laws and regulations, to support capitals for land use. For supporting the land use of hollow village, how to create suitable financial products to balance policy-based finance and land use? How to regulate the policy-based finance product creation in laws? To answer these questions, it will bring a micro-objective view to survey the reconciling function of policy-based finance and market,help to use the lands effectively and offer a new perspective to resolve "Agriculture,Countryside and Farmer"issues.On the basis of prerequisites above, this paper has been divided into six parts to discuss the mentioned issues:Part One An IntroductionIn this section, it has described phenomenon of land uncultivated and special functions of policy-based finance to support un-used land, in order to initiative the issue and object this paper research of, and comment on the related theories.Part Two Types and Functions of Policy-based FinanceThis part has mainly stated the advance of policy-based finance, clear and definite its types,ranges and characteristics,and define the functions of policy-based finance to give theories support for the representation below.Part Three Policy-based Finance’s Operation Models to Land Use for Hollow Village and its ProblemsThis part has discussed the problems of land use for hollow village, the current conditions and feasibilities of policy-based finance for land use and proposed policy-based finance measures to use uncultivated land in hollow villages.Part Four Policy-based Finance’s Product Creation to Land Use for Hollow Village and its regulation.At first,this part has stated the reasons to uncultivated lands of hollow villages. Then it proposed properly policy-based financial products to the land use.Finally, it has cleared that how to regulate the financial product creation.Part Five Policy-based Finance’s Legal Regulation to Land use for Hollow VillageThis part has discussed the current regulation conditions of policy-based finance, product range, capital origins and securities to answer the question that how to regulate policy-based finance to land use for hollow village.Part Six Conclusion:Land Use to Hollow Village——Social Capitals Re-flow guided by Policy-based Finance.