Research On The Government Support In The Development Of Rural Small Loan In Fuzhou

As one of the main ways to serve the problems of "agriculture,rural areas and farmers" in China,small rural loans play a decisive role in alleviating the difficulty of farmers' loans,improving the living conditions of low-income people and promoting the harmonious development of society,and have also achieved good social effects and economic benefits.However,there is a bottleneck in the development of rural small loan in China now,which is reflected in many aspects,such as policy support,capital source,supply and demand guarantee,financial credit,management mechanism and service ability.These problems cannot only rely on the market or the farmers themselves.Therefore,the government support is particularly necessary.This paper takes the rural small loan of Fuzhou as the research object.Based on the successful experience of some cities in Zhejiang Province and Guangdong Province,it analyzes the problems existing in the government's support for rural small loan and puts forward constructive Suggestions,hoping to promoting sustainable development of rural small loan in Fuzhou,helping local poor farmers get out of poverty and become rich.Based on the analysis of the existing domestic and foreign theories on rural microfinance,this paper uses externality theory,imperfect competitive market theory and information asymmetry theory as the theoretical basis to delimit the research scope,clarify the analysis ideas and lay the logical foundation.this paper makes a systematic analysis of the current situation of small rural loans in Fuzhou by combining statistical analysis and field research,and expounds the current situation of government support in small rural loans in Fuzhou from the aspects of the introduction and implementation of small loan policies,the establishment of organizational structure,credit environment,the implementation of financial supervision and financial fund support.This paper puts forward the problems existing in the implementation of rural microfinance by the Fuzhou Government,including the differences in the support strength,business development level of county governments,the decentralization of farmers' credit information resources,the lack of unified credit evaluation standards and the contradiction between government support and local financial pressure.On this basis,the article then systematically analyzed the reasons for these problems,including the government's restrictions on the interest rate of rural microfinance,the instability of credit risk and the government's inadequate supervision of loan practitioners.This paper describes the successful experience of other cities in China and summarizes the experience: some cities encourage the development of new rural financial model,regulating the development and perfection of "rural fund mutual aid";Others expand the scope of collateral such as farm house mortgage,improving the mortgage and default disposal of farmers' property,which revitalizes the assets of farmers;Some regions support the development of small loan companies,encourage them to break through the existing policy restrictions and encourage the financial innovation mode of bank-insurance cooperation.Finally,on the basis of the above analysis,forward relevant policy Suggestions: 1.Reasonable adjustment of loan intervention interest rate:encourage the interest rate liberalization of rural financial institutions.2.Scientific design of risk aversion mechanism: prevent micro-problems and eliminate large-scale credit risk events.3.Optimize the financial environment: innovate the rural guarantee mechanism to standardize the private lending to make farmers accustomed to more secure financing channels;4.Establishment of joint supervision and handling mechanism of departments: play the role of government supervision,reward the healthy development of the industry and continue to play a positive externality of micro-loan products in rural areas.5.Integrate farmers' credit information resources: establish more farmers' information platform and provide farmers with faster and better funds based on big data.Through this study,I hope to explore the government support in the development of rural microfinance in Fuzhou from a new perspective,and provide new reference for the follow-up study.