Analysis Of The Status Quo Of Family Farm Financing And Restrictive Factors

As a new type of agricultural management organization, the family farm has a large scale and intensive management mode, which is in line with the development of China’s agricultural modernization. Moderate scale management is conducive to agricultural mechanization, information technology, improve agricultural science and technology coverage; intensive management can make full use of all agricultural production resources, more rational use of modern management and technology. The new agricultural management organizations have shown great superiority in the country and governments at all levels have been greatly encouraged. The number of family farms has been increasing and the income of farmers has been greatly improved. According to the Ministry of agriculture in 2013 survey, a total of 877 thousand family farm, area of cultivated land area the contracted land 13.4%, the average scale is nearly 27 times the national average area, average per acre of farm land income is 5 times the national average of land revenue. It can be seen that the development of the land productivity and labor productivity, and then to protect the grain production and promote the development of rural economy has important role and significance. However with the development of family farms, the corresponding problems are constantly emerging, which family farm survival and development plan was undoubtedly the financing problem. In our country, the development of family farm is still in the initial stage, limited to the family farm’s own factors and external financing environment constraints, the family farm is difficult to obtain the full amount of funds. Financing is difficult to restrict the bottleneck of the development of family farms, to break the financing problems can promote the further development of family farms.Based on financing theory, financial repression and deepening theory, rural financial theory and credit rationing theory as the main analytical tools, in accordance with the proposed issues, analysis, problem-solving ideas to organize the full text. First, according to the on-the-spot investigation analysis of Fushun City family farm development, Fushun City family farm development earlier, the local government gave strong support, after several years of development, the number of family farms will continue to increase, the business scale is expanded year by year, operating income increased steadily. Secondly, according to the survey data analysis of Fushun City family farm financing situation and by profile analysis presented in the current financing of the family farm in Fushun City still exist financing needs can not meet, that don’t match the amount does not match, the financing needs of the period and the rural financial institutions subject insufficiency problem. Factor analysis part of this article using empirical analysis method with the aid of the binary logistic regression models for the analysis of family farmers age, level of education, family farmers in village, township and above departments work O, whether to participate in the cooperatives, land business area, water revenues flat and whether to have the enough value eligible collateral, the funds availability. Empirical results show that, in addition to the age of the family farmers and whether in the village, township and government departments working (over), the remaining variables have significant impact on the availability of family farms. At the same time, this article draw lessons from the United States and Japan’s rural financial system organization and the family farm and other rural business entities of financial support experience, discusses the development of China’s rural financial system. Finally, according to the factor analysis, the countermeasures and suggestions are put forward to alleviate the financing difficulty of the family farm.