The Research On Legal Issues Of Rural Folk Financing In China

With the continuous development of China’s rural economy and the gradual reform ofrural formal financial institutions,rural folk financing presents a growing trend.In recent years,private financing in rural areas developed rapidly,effectively easing the difficult problems ofSMEs and farmers borrowing,which promote rural economic development to some extent.Rural private financing of long-term presence in the country,but the state did not give thelegal status of private financing, private financing is still to take strict control policies,resulting in private financing has always been a country outside of the financial systemsupervision,and not stricted by financial regulations. And in practice a lot of small businessowners in Wenzhou debt flee, financing folk "BMW township " collective lending and otherfinancing proposal also reflects the urgent cases.Therefore,the theoretical study of the privatefinancing system,there are legal issues that arose in practice targeted solutions,for promotingthe construction of a new socialist countryside,the better to play an active role in their servicesfor the rural economy,which has important theoretical value and practical significance.In this paper, I research legal issues of rural private financing methods such as casestudies normative analysis,comparative analysis and so on.The full text excepting theintroduction and conclusion,is divided into four parts:The first part is an overview of the financing of rural folk.The rural part through privatefinancing meaning,characteristics and discusses the main form of organization foranalysis,then defined rural folk financing;simultaneously be analyzed from the perspective ofjurisprudence and economic law theory and private financing of rural existence.The secondpart analyzes the status quo of China’s rural private financing.This section describes thecountry ’s legislation on the financing of rural folk.The current situation has been analyzed,and the main body of the legal status of the financing of rural folk financing is notdefined,the main credit guarantee financing is low, the legal system is not the subject offinancing and financing from both the perspective of the legal environment perfect, lack ofregulatory mechanisms and other issues, and analyze.The third part is a comparative analysisof rural folk financing extraterritorial legal regulation. By comparing the portion including theU.S., Germany and Japan and other developed countries, including India and Bangladesh on rural private finance in developing countries legal regulation,proposed our country can learnfrom the experience. Including the strengthening of support from the government policy onrural private finance,regulate the development of rural private financing from the law,promoting the development of rural folk financing from the regulatory system.In this paper, the fourth part is the legal and policy recommendations to solve thefinancing problems of the rural folk,which is the core part.This part of the rural folk throughthe above problems in the financing of the analysis, put forward a proposal to solve the legalproblems of rural private financing in China. Including giving legal status of rural financingbody,the legal definition of the scope of the main financing land contract and managementrights, the establishment of rural credit system of civil law subjects financing,development ofa national law specifically establishes the legal status of private financing, the establishmentof rural private finance regulatory system run according to the law,private financing toconstruct a sound service system in rural areas.The process of solving rural problems in private financing,in the form of legal protectionfor the orderly development of private financing,can play a better positive role in the ruralfolk financing.