Jilin Province Rural Credit Product Innovation Research

According to the no.1 document issued by the central government since 2004,the key to the reform and development of rural finance is to innovate credit products with reasonable risk sharing and solve the problem that it is difficult to borrow expensive money in rural financing.This paper combed the relevant studies on rural credit product innovation theory literature,studies show that rural credit product innovation type variety is rich,such as taking the credit of land and grain product innovation,on the basis of agricultural industry chain of credit innovation and so on,but the key is to solve rural credit risk sharing in the process of product innovation,namely the entrance and the risk of the credit products exports.In order to explore the effective risk sharing mechanism in the rural credit product innovation,this article in jilin province rural credit product innovation,based on the basic status of selected the direct subsidies funds guarantee loans and land income guarantee loans as rural credit product innovation cases,through analysis and comparison,the two rural credit product innovation breakthrough the traditional rural credit innovation model,namely the future cash flows as a credit guarantee,share the risk,compared with the traditional,to the existing credit status for the rural credit product innovation of credit guarantee,on the risk sharing mechanism,to solve the three rural financing process,The financing difficulty caused by the lack of existing collateral is a beneficial exploration.To sum up,to solve the financial difficulties in agriculture,rural areas and farmers,it is necessary to change the thinking mode of rural credit product innovation.The future cash flow and future assets should be taken as credit to ensure the diversification of risks and focus on solving the problem of credit product innovation entrance and export.By perfecting the rural financial service system and enriching the rural credit products,the risk entry mechanism should be improved,the land transfer dilemma should be solved,and the risk sharing mechanism should be improved to clear the risk export barriers.