The Study On The Regional Differences Of Regulation Policy And Development Of Micro-credit Company

China’s micro-credit company pilot began in 2005 and it first conducted in Shanxi,Guizhou,Sichuan,Shanxi and Inner Mongolia.With "Guidance of the micro-credit company" published in May 2008,the micro-credit company in china have been developing at a high speed.It can not only ease the financing difficulties of farmers and micro enterprises to fill the absence of the formal financial system,but also open up a standardized road for a large number of private capital to promote private finance from the"gray zone" to the "sunshine".In recent years,according to "Guidance of the micro-credit company",combined with the specific development of the region,each region has introduced some management practices and documents to regulate and guide the development of local micro-credit company.In these management practices and documents,we found that the regulatory policies of micro-credit company differ from each region.At the same time,the development of micro-credit company also presents the current situation of the regional imbalance.Faced with the status quo of the regional imbalance,we should find the reasons for this situation.Is this phenomenon closely related to regulatory policy?What are the specific policy factors which influence the development of micro-credit company,led to the current situation of the regional distribution imbalance.This article includes five chapters as follows:The first part first introduced the research background and significance of the article,the research target and framework,research methods and innovation and the insufficiency.The second part includes the theory of financial regulation and the literature review at home and abroad.The third part introduces the history and current situation of micro-credit company and analyzes the regional differences of regulatory policy and development.The fourth part includes the qualitative analysis and empirical analysis of the factors affecting the distribution of the micro-credit company.Proved that the minimum registered capital requirements,the single largest shareholder(or main sponsor)and its affiliated parties of ownership limits,financing leverage,business scope,registered capital limit really influenc the development of micro-credit companies,at the same time,the number of private enterprises as well as culture and education level will also be positive impact on the development of micro-credit companies.The fifth part is the summary and suggestions.It first makes a summary of this research,and then puts forward corresponding suggestions on the development of micro-credit companies combining the actual situation.