Research On Rural Financial Development Promoting Rural Economic Growth In Hubei Province

Since 2004,the CPC central committee and the state council for 14 years of no.1 all of our country socialism under the new stage in the new situation the development of" agriculture,rural areas and farmers,to formulate the relevant policies and guidelines,in under the premise of social and economic development to adapt to the new era,make the reasonable planning and deployment.From the rural financial system in our country and the developing trend of the rural economy,how to make use of the existing rural financial system to promote rural economic growth in China,is the important content of current rural economy construction in our country.However,it has always been an important topic in the economic field for how to make the rural economic growth reasonably and reasonably stable,and to raise the income and happiness index of farmers.The reform of China's economic system has been strengthened with the development of our country's economy,and the capital market of our country has been continuously improved with the reform of the economic system.Agriculture as an important part of our national economy,especially the rural economic development has been all is the focus of attention,the parties and cannot leave the financial support of rural economic growth.Rural finance,however,as an important link of rural development,in the process of its development has always there are some problems more or less,in rural finance become a weak link in the development of rural economy.Rural economic growth in China can't depart from the support of agricultural investment funds,and in terms of a certain area,area of agricultural investment fund,its fundamental depends on how many of the local rural financial institutions,as well as the improvement of the rural financial market,so how to play to rural financial institutions to a great extent the agriculture effect on rural economic growth,is what we are trying to solve the problem.And through the implementation of financial system reform and improve the system of financial regulation,can provide a good development space for the rural financial development,from a certain extent,also provide the inner financial support for rural economic growth.In the large rural revitalization of the report,will also focus on the rural financial reform of our country in the central and western regions,and in Hubei province as a big agricultural province in central China and the development of the rural financial and economic representative provinces.Of Hubei rural financial development and conduct the thorough research to the rural economic growth situation,found that rural financial development and economic growth in Hubei province,the problems of and carries on the reasonable analysis of these problems,and puts forward some countermeasures to accord with the actual situation of Hubei province,the rural finance of Hubei province can better service for economic growth.At the same time in Hubei province as a typical strong province,the problems existing in the development of and corresponding countermeasures are also has a certain generality,in other parts of the rural financial development in China has a very good reference.In this paper by about 2005 to 2016 in Hubei province statistical yearbook of relevant data statistics,and personal part of Hubei province by investigation of agricultural policy financial institutions and commercial financial institutions investment related data,along with all the to paper the empirical part of the model provides the related data sources.Through to the rural residents' per capital income,balance of rural residents,the four agricultural loan balance and agricultural output index parameter processing,use Eviews7.0 software,through the establishment of data model for adf unit root and causality test way,of Hubei rural financial development and rural economic growth through the research of internal connection that the relationship is causal and mutually promote.Combined with the empirical analysis results,for the development of rural finance and rural economy in Hubei province's actual situation and the existing problems,and combined with the current situation of the development of financial institutions in Hubei province,for the healthy development of the rural finance and rural economy sustained growth put forward the related countermeasure and the suggestion,finally full text make a simple summary and the forecast of the future development trend.This thesis is divided into the following six parts.The framework is as follows:The first chapter is the introduction,which firstly explains the research background,research purpose and significance of rural finance development.And inner link from the rural financial development and rural economic growth and the development trend of the rural financial aspects to discuss the current research status of both domestic and overseas,this paper introduces the involved in this paper,the research content and main research methods.This paper expounds the research focus and difficult points of the thesis,as well as the main innovation points and some shortcomings of the thesis.The second chapter is the related concepts and theoretical basis,which is mainly the basic concepts and related theories of rural finance and rural economic development.First of all the related definition of rural finance and economic growth has made the elaboration,second research presented in this paper the main theoretical basis for credit subsidies theory,rural financial market theory,the theory of incomplete mar,endogenous and new economic growth theory,the empirical part and the countermeasures and Suggestions for paper also provide the theoretical support.The third chapter gives a brief explanation of the current situation of rural finance development in Hubei province.Secondly,through analyzing and summarizing the obstacles in the development of rural finance,the main problems in the financial development of Hubei province are obtained :(1)unbalanced rural financial supply.(2)insufficient guidance for informal financial development.(3)formal financial positioning is not clear enough.(4)poor service efficiency of rural financial institutions and lack of financial innovation.The rural financial system is not perfect,such as financial supervision and distribution,and the relevant supporting policies are too fragmented.The fourth chapter is the empirical analysis part,through the nearly 10 years of statistical yearbook data of Hubei province and individual research have been part of the investment policy and commercial financial institutions in Hubei province agriculture related data integrating classification.Firstly,the basic situation of economic development in Hubei province is analyzed through charts and comparisons,and representative parameters are extracted for the establishment of the model.Then,by using Eviews7.0 software,the correlation model was established to analyze the internal relationship between rural financial development and rural economic growth in Hubei province.The fifth chapter is the countermeasure part,according to the present situation of financial development and economic growth in Hubei province and related financial theory,combined with research conclusion,the fourth Motel receives from the rural financial system reform,adjust their own financial institutions positioning,broaden channels of financing and services as well as the innovation of rural financial institutions put forward relevant countermeasures and Suggestions.The sixth chapter is the conclusion and prospect of the thesis,the final conclusion of this research is obtained,and the whole thesis is briefly summarized.And the future development trend of this research is predicted to some extent.