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Supportive Policies Research About The New Rural Financial Institutions In Jilin Province

Posted on:2016-08-16Degree:MasterType:Thesis
Country:ChinaCandidate:J WeiFull Text:PDF
GTID:2309330467994889Subject:Finance
Abstract/Summary:PDF Full Text Request
China is a large agricultural country, the agricultural economy is an important part of economicdevelopment. Rural finance is the core of the rural economy, which occupies a pivotal position inrural economic development.Since the21st century, China started to pay attention to agriculture,farmer and rural areaproblem. Solving problems of the three rural issues become an important process of building aharmonious socialist society. In Chinese financial system, rural financial development was avulnerable part; low coverage of rural financial institutions, capital outflow and imperfectcompetition in financial markets that cannot maximize utility. Therefore, these reasons directlyrestricted the development of rural finance.Therefore, the CBRC issued "The Adjustment of theRelaxation of Banking Institutions in Rural Areas Access Policy, in order to build a new socialistcountryside views" on October20,2006. According to relevant regulations, village Banks, loancompanies and fund supports would be set up. The purpose for that improving the financial coveragein rural areas, attracting capital backflow in order to develop the rural financial market competition.These management method helps the village banks, loan companies and rural mutual fundsdeveloped.By studying new rural financial institutions supporting policies, explore village banks, loancompanies, rural fund cooperatives these three institutions; the possibility to alleviate the economicgap between urban and rural areas in urgent need of financial support because of township-levelinstitutions can establish and inject fresh blood to restore vitality, enhance liquidity agriculture funds,to fully enhance the utilization of funds. By studying the People’s Bank of China Banking RegulatoryCommission on the policy of " The three rural issues" promulgated, with domestic financial dataanalysis, figuring out how to better develop and improve the new rural financial institutions andorganizations, play to their strengths, to alleviate the shortage problem of financial services in ruralareas by supporting financial policies and institutional arrangements to strengthen and improve ruralfinancial services.
Keywords/Search Tags:New rural financial institutions, rural finance, village bank
PDF Full Text Request
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