For Promoting The Development Of The Rural Financial System Of Fiscal Policy Research

After the household contract responsibility system implemented, China’s ruraleconomy obtained the fast development, but also faces many serious problems andchallenges, the development of the rural financial system does not meet the requirementof present rural economic development is one of them. Rural financial market in Chinain the face of the main service object is small farmers and rural small and medium-sizedenterprises, small farmers cultural quality level is generally low, and often are frequentsmall transactions; Small and medium-sized enterprises on the investment of agricultureare also common cycle is too long, slow money collecting, agriculture investmentincome is too low, and often face huge risk. So it’s difficult to rural financial market isdeveloped, there are both the formal financial are not willing to supply, there are alsoinformal financial irregularities, cannot afford the high cost of reason, these are all moreor less become a stumbling block to the rural financial reform in China on the road,seriously impede and restrict the sustained and healthy development of the ruraleconomy in our country.The reform and development of rural financial system in China, directly determinesthe can fundamentally solve the\"three rural problems\" in China. In general, the formalfinancial supply shortage, high cost of non-formal finance is difficult to meet thedemand of rural finance, rural borrowers and lenders at the same time there are seriousinformation asymmetry problem between, which makes the development of the ruralfinancial market failure. Only on rural finance of our country’s existing is impossible tomeet the new rural construction demand for money. As the national important capitalstrength of the development of the public sector, the financial sector to the constructionof rural financial system, there must be some effective fiscal policy to deal with, so as tosupport the new rural construction of our country, to solve problem of\"agriculture,rural areas and farmers\" to create a good condition. Therefore, the governmentintervenes in the development of rural finance is a must.Rural finance is the weakest link in the financial system in our country, to make upfor the defects of rural financial market mechanism and solve the asymmetricinformation in the field of financial institutions for agriculture, and the problem of highmanagement cost, some fiscal policy has been taken in our country, has obtained the certain effect., of course, fiscal policy in supporting the rural financial system also existin the construction of shortage, such as insufficient financial support fund input, usingdispersion of funds, investment benefit is low, the structure is unreasonable, policy toolslack of flexibility, a series of problems such as weak supervision strength, thussupporting the construction of rural financial system of fiscal policy needs reform andinnovation.The transformation of economic development in our country, the development andchanges in the rural financial institutions has been dominated by the government,therefore, in the current macro-economic background, in-depth analysis and research topromote the development of rural financial system of fiscal policy will have profoundhistorical significance and realistic significance.