On Farmland Financial Institution Of China

Master(Ph.D)Candidate: Yang Liu ABSTRACT Since China's reform and opening up,its overall economy in rural areas has grown to certain extent and the living standards of the farmers have improved a lot;additionally,many positive policies were adopted to promote rural economy.However,generally speaking,the economies in rural areas were at a lower level and problems in the countryside have not been fundamentally resolved.In an agrarian country large as China,farmland was the main concern of the farmers.Thus how to increase the land utilization efficiency and make sure farmers get long-term loans should come first when the farmland financial institution was being built up.Lacking solid collateral,most farmers could not obtain long-term loans from the financial institutions.Intensive management of agriculture was affected by the simple reproduction of the farmers.Whereas foreign farmland financial institutions could not only ensure smooth operation of related businesses,but promote the development of its farming economy.China,by contrast,both building of farmland financial institution and operation of related businesses were still in an experimental stage.Consequently what kind of farmland financial institution should be built to serve the peasants and make them more likely to get loans,is nowadays the most concerned subject among the scholars.The thesis first reviewed the researches of the development of foreign farmland finance and then after a brief introduction of pilot areas such as Meitan in Guizhou Province,Shouguang in Shandong Province,Fuxin in Liaoning Province and Yangling in Shanxi Province which mortgaged land managing rights,summarized the development results of current farmland finance in our country under different modes.And through comparative analysis of farmland financial institutions in Germany,America and Japan,as well as learning from overseas countries,practical experience was gained for the building of farmland financial institution in our country.At the end of the thesis,some development ideas for farmland financial institution were designed on the basis of foreign advanced expertise: first by rural credit cooperatives,and then by land banks if possible;and also a basic framework for the constructing of a farmland financial institution(to be specific,in three dimensions: organization structure,capital operation and risk management),and some policy-oriented recommendations were presented.