Research On Value Chain Finance Of Rice In Guangxi

As important staple foods, rice is planted widely by many people. The development of rice industry not only has great significance to protect our country food security, and also play an important role in realizing an agricultural modernization and industrialization. At present, the financing difficulty is the main problem of rice industry, although national policy has the tilt, but still a lot of problems. Many problems, such as Information asymmetry, lack of collateral demand, collect information cost higher, had led to the value chain financing high barrier, and limit the possibility of main body participation in value chain financing. Rice has important position in Guangxi, although not major grain-producing provinces, but it is because the geographical position, production characteristics and development prospect for China’s food production has a very important supplement and balance function.Articles drawn from counties, which is rice producing areas in Guangxi. From the questionnaire survey to 360 rice farmers, we received a large amount of data resources. Through to the rice value chain finance present situation, the study found only few farmers can get credit support from financial institutions, accounted for a large part of farmers is not involved in the finance system of value chain, he can’t get money. Rice’s overall value chain finance participation is low, which give the direct impact on the development of value chain finance. By building a model of the influence factors of the farmers to participate in the value chain finance empirical analysis, trying to find ways to stimulate the possibility of participation. Model estimation results showed that the kind of workforce, level of education, risk appetite have a significant influence in farmers participating in the value chain finance.In view of that the theory of value chain finance has advantages and can be reference, and the condition of the value chain finance in Guangxi, if we want to solve the finance difficulties, and promote the value chain finance, first priority is to let more farmers be involved in the value chain finance. Then based on the full analysis and the empirical results we put forward the measures respectively by the government, financial institutions, credit system reform.this measure is to strengthen the main body’s motivation and the possibility of joining in the value chain finance, and that is a good way to promote the development of value chain finance in the rice industry.