A Study On The Construction Of Financial System In The Rural Revolutionary Base Area During The Agrarian Revolution

Financial system is established from the national level of financial regulations,financial organization system and financial policy,in the revolutionary period of the monetary system and credit system has become an important content of the financial system construction in the base area.During the agrarian revolution,the revolutionary base areas of Fujian,Zhejiang and Jiangxi formed a relatively reasonable and complete monetary system in the Soviet area.The currency issued by them remained stable and never depreciated during the period of circulation,thus becoming a model for the construction of the financial system in the rural revolutionary base areas.The construction of financial system in the revolutionary base area of Fujian,Zhejiang and Jiangxi has experienced three historical stages:destroying the old system,establishing the new system and suffering setbacks.The Soviet government of Fujian,Zhejiang and Jiangxi cleaned up the financial market in the base area and destroyed the financial system of feudal exploitation by carrying out the struggle of scrapping debts and clearing up the old money.Then the Workers and Peasants Bank was established in the base area,and on the basis of the issue of Soviet currency,the bank worked hard to stabilize the value of the currency,to stabilize prices,and to construct a new financial system.However,the late period was guided by the wrong thinking of "left",which led to the financial difficulties in the Soviet area,the bank reserve crisis,the fall of the base area,and the end of the financial business in the Soviet area.Through the construction of monetary system and credit system,the base areas of Fujian,Zhejiang and Jiangxi formed a relatively complete and reasonable monetary circulation system and a smooth and harmonious credit relationship,promoted the economic development of the base area and brought into play the role of financial leverage,and supported the revolutionary war.The Soviet revolutionary regime was consolidated.In this financial practice,the Communist Party of China initially formed the wartime financialthought,which has certain guiding significance for the specific financial practice in the base areas(liberated areas)during the War of Resistance against Japan and the War of Liberation.The construction of financial system in the rural revolutionary base area during the agrarian revolution period is the first financial practice since the Communist Party of China opened the foundation to see the government,and it is inevitable that there will be some immaturity.In the process of financial system construction,there is the problem of interagency business intersecting chaos,and in the later period,because of the influence of the revolutionary situation,the phenomenon of currency issuance is irrational.This has provided lessons for the reform of the contemporary financial system,persisted in a prudent monetary policy and a flexible credit policy,defined the responsibilities of financial institutions and strengthened financial supervision,and carried forward the revolutionary spirit of hard struggle and courage to innovate.Thus,the establishment of a suitable socialist modernization of the financial system...