The Effect Research Of Fiscal Policy On Chinese Rural Financial Development

Into the twenty-first century,China's central document have focused on rural areas,agriculture and farmers for 14 consecutive years,showing the "three rural issues" has an important position in China's social and economic development.The rural financial problem is to promote the accumulation of agricultural capital,to solve the plight of China's rural economic development.First of all,the most intuitive expression of the development of rural finance is the accumulation of rural capital,which reflects the growth of available funds from the side,which is conducive to the promotion of farmers' income.Secondly,the development of rural finance is conducive to promoting the reform of agricultural supply side.The development of rural finance,which is represented by farmer's credit and agricultural insurance,provides financial support and guarantee for the transformation of rural product structure and industrial structure.Finally,the development of rural finance provides capital reserve for the development of agricultural science and technology.Agriculture gradually to the intensive,technical and modern development,the improvement progress of farmer productivity,scientific and technological cannot be separated from the capital investment,the development of rural finance.This study focuses on the necessity and rationality of the long-term existence of the national policy-oriented rural financial policy,and further analyzes the mechanism and effect of different forms of fiscal policy.At present,due to the weak nature of agricultural industry,the lack of rural capital due to historical reasons,the profitability of commercial financial institutions and the gradual marketization and liberalization of rural finance,China's rural financial development is lagging behind in urban finance.The paper puts forward the indispensable policy status of the developing countries,analyzes the role of fiscal policies in the development of rural finance development.Mechanism of the financial policy including the "guidance-siphon-expansion" mechanism;oriented development mechanism;incentive mechanism and environmental support mechanism.On the basis of theoretical analysis,this paper summarizes the successful development model of rural finance in developed and developing countries: Germany and the United States rely on its own perfect financial system,government finance for rural financial institutions to provide a high proportion of subsidies and farmers direct loans;Indonesia through the government to actively guide the multi-level system of subsidies for farmers to provide commercial agricultural loans.Data analysis and empirical analysis based on the "China Financial Yearbook" data statistics,at the same time for the specific situation and changes in fiscal policy,empirical study is to understand the impact of different functional fiscal policies,including financial policy and non-financial policy,on rural finance development.On the basis of the empirical results,this paper analyzes the implementation of financial and financial policies and the successful development model of rural finance in the eastern and western regions of China.Finally,the financial and financial policies can effectively promote the development of rural finance,on the contrary the government's direct agriculture-related loans can not effectively promote the long-term development of rural finance,that is not sustainable.This paper puts forward the corresponding solution and rational operation mode.At the present stage of further improvement of the domestic market economic system and the deepening pace of reform,the state should ensure and expand the support of financial support for rural finance,and implement the financial credit subsidy Policy,overcome the negative effects of subsidy policy,and actively explore the organic combination of the financial policy and commercial agricultural loans to achieve the sustainable development of rural finance,and effective supervision of the rural financial system.