On Monetary Effect Of Agricultural Central Bank Lending

Since the People’s Bank of China starts agricultural central bank lending in 1999, Agricultural central bank lending is not only a monetary instrument but all essential tool to transmit monetary policy elfect.Since the introduction of agricultural central bank lending,it played all important role to adjust economic structure,increase creditinto rural economy,and improve rural financial services.Agricultural central bank lending makes a major adjustment, the agriculture central lending target by expanding rural credit cooperatives to set up a deposit-taking financial institutions and corporate towns and villages in the county, expand the agriculture central lending by refinancing loans to farmers to use agricultural loans, Maximum loan extended to three years, support effect for rural spring land and water conservancy construction, promote the rural financial institutions to expand agriculture credit funds, loans to farmers mitigate the difficulties and other problems. But in recent years, there has been a lot of idle limit refinancing agriculture, rural financial institutions to apply for agricultural central bank lending, so agricultural central bank lending monetary policy greatly reduced this effect. Therefore, to explore refinancing constraints agriculture development factors and strengthen agricultural central bank lending policy effect analysis, using the results to improve agriculture lending has become an important issue that we need to address.This paper bases on the change of agricultural central bank lending policy in recent years, according to SQ downtown to the people’s bank of China branch, combined with agriculture lending policy in promoting the "three rural" economic development and enhance the profitability of farming mechanism, reducing deposits and loans and other aspects of the reality of waning influence and control the effect of policies on domestic support for agriculture lending expert analysis, combined with SQ downtown branch of agriculture lending is payable, the amount and industry classification, through questionnaires and data analysis, specifically addressed agriculture lending policies dissipates the impact of the actual situation,which will help us to find the effect of weakening agriculture lending policies specific reasons, to think about how to improve the use of research results grassroots refinancing of the agricultural central bank lending.Through viewing the domestic discussion on agricultural central bank lending policy effect, there are many reasons for improving agriculture lending policy effects, the reason a lot of paper from the entire agriculture refinancing of issuance, use the angle of the chain as a whole started to change policies and systems, innovation management policy design methods to optimize the implementation of agriculture lending. By optimizing this mechanism, the formation of an effective agriculture refinancing issuance, use, management systems, in order to achieve the policy objectives of agriculture lending.With a variety of charts and cases to demonstrate and explain, combining theory with practice, this paper tried to analyze and study the current problems about the agricultural central bank lending existing in the basic central bank with advanced domestic and foreign theories. At the same time, from the comparative analysis, it tried to find suitable incentives methods in the central bank in our country.