Research Project of National Conditions of the Chinese Academy of Social Sciences: Tracking survey of the rural credit market

    Presenter: Yin Zhentao

    Money is an important resource of regional economic development. For some rural economy with weak foundation and slow primitive capital accumulation, the development of credit market has great influence on the development of rural economy. In China, national credit policy tending to urban industrial department is due to the long-term phenomenon of "dual economic structure", which will lead to a significant lag that the construction of rural credit market has against the development demand of rural economy. Meanwhile, uncertain income, long-term investment and low profitability caused by the natural attribute of production of rural economy may make rural economy the financing object excluded by normal financial institution aimed at profits. Although there are more policies regarding the improvement and the soundness of rural financial credit market, it is still troublesome that peasant household has difficulty loaning, so the fund outflow and insufficient credit fund of the country have become the key factors of “three-rural” issues. Therefore, to promote sustained, healthy and rapid progress, it is the primary task towards this issue which will be beneficial for cracking development predicament of rural credit market that we should research how to solve these problems, allocate rural credit resources efficiently and connect supply and demand of rural credit.