The Study Of The Current Situation Of Farmers Financing Needs And Its Influencing Factors

Agriculture, rural areas and farmers, is always the important issue of the relationship between economic and social development in China. Plenum of the Party proposed building a new socialist countryside, this is a new starting point in China’s economic and social development, is a major development strategy proposed departure from the overall situation of China’s modernization in the new historical context.Finance is an essential element in the modernization of agriculture and rural economic development. No capital investment, there is no rural development. Rural family farmers still dominate in rural economic and social mode of production. Therefore, to promote urban and rural development and agricultural modernization we must revolve around the central link of the Farmers’financial needs, to establish appropriate financial services system.Are rural financial policies conducive to the healthy development of rural financial markets? Can rural financial service system meet the financing needs of farmers? To solve these problems, we need intensive research in the financial needs of farmers to understand the characteristics of the farmers financial needs, influencing factors, trend, and explore an effective way to improve rural financial services, clear the future development direction of the rural financial reform.How should rural financial market develop in order to better meet the financing needs of farmers? The rural financial development theories experienced agricultural credit subsidy theory, the rural financial market theory and imperfectly competitive market theory.After that, the scholars at home and abroad,based on three theories from different angles, do a further in-depth study of the theoretical issues of rural finance, including the relationship between the rural financial system, economic growth and financial development, financial constraints, financial structure, and financial functions and financial efficiency. Among them, the financial needs of farmers mainly in the following three aspects:Farmers financial needs characteristics,Farmers financing demand influencing factors, farmers financial constraints.However, there are some inadequacies in the theoretical literature, pending further study. On the basis of existing theory and literature, this paper makes the following innovations:First of all, on the design of the questionnaire; Second, previous studies selected sample is very limited and scattered, it is difficult to truly reflect the farmers borrowing behavioral characteristics, this paper selects a typical agricultural county to conduct in-depth, targeted research; Third, this paper adapt the rural financial reform to the farmers financial needs from a holistic and global perspective.Based on the study of the current situation of the Qionglai farmers financial needs and its influencing factors, this paper obtains the following conclusion.Farmers’Borrowing Needs probability decreases as the household age, household net income increase, increase with the increase of the household education level, the actual acreage of the family, cash and deposits status. Household total population, total annual household expenses show little relevance. Farmers financing needs probability increases with the increase of the probability of occurrence of recent major events, namely positive impact.