A Study On China’s Rural “Three Rights” Mortgage Financing

It is mutually acknowledged the significant importance and inevitable trend of the development of the mortgage financing of rural “Three Rights”to solve China’s rural financing problem since the Economic Reform.However, the mortgage financing system faces many obstacles such as legal barriers, irregular risk control mechanisms and practicing matters,which will result in the eventual insufficiency of the system.Taking the innovative mortgage financing pattern adopted by Chongqing Xingnong Guarantee Co., Ltd. as the example, this paper studies the rural financing forerunner’s experience in Chongqing’s rural areas and endeavors to break through those obstacles in legal regulations, policies and practices, and upon that, provides corresponding countermeasures to push forward the rural “Three Rights”mortgage financing innovation, to enhance the service of rural finance and to help progress the rural economic development.