The Development Of Rural Financial Market

The economy can't be developed without financial support.In recent years,China attaches great importance to the development of rural finance.China proposed to drive the rural economy and increase peasants' income through the development of inclusive finance at the Third Plenary Session of the 18 th CPC Central Committee.Jiuquan City is located in the western end of Gansu Province,which is economically underdeveloped and has relatively weak rural financial foundation.The main contents of this thesis are that investigating the present situation of rural financial supply and demand in Jiuquan and inquiring how to improve the rural financial system.This paper takes the method of referring to the literature combining with field research and selects Suzhou District of Jiuquan City as the research area.The author deeply analyzes the lending behavior of farmers and the satisfaction of financial demand in Suzhou District of Jiuquan City integrating with the results of the questionnaire survey,investigating a large number of financial institutions and government departments,visiting 11 towns,52 villages and 281 peasant household,investigating the current situation of rural financial supply and demand on the basis of extensive literature review.Meanwhile,the paper points out the existing problems of the development of rural finance in Jiuquan City and throws out some targeted suggestions in the end.We found that the main problems of rural finance in Suzhou District of Jiuquan City through the research are that the rural financial branches are relatively few so as tothe service system of the rural financial is not perfect;there is the monopoly of rural financial supply;the capital needs of farmers can not be satisfied for the high loan interest;there are constraints on the economic development in rural areas;the innovation of the rural financial is lack of protection for Government policy support limited;the development of rural finance is non-standard for inadequate regulation of informal finance and the development of agricultural insurances is slow.Finally,this paper puts forward policy recommendations on how to strengthen the supply of the rural financial in Jiuquan and improve and consummate the rural financial system according to the conclusion of the study.