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The Main Problems and Countermeasures of China's Rural Financial System

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  • ZHAO YI

Abstract

There are many problems in China's rural financial system. The main ones are ambiguous orientation of functions by the financial institutions, inconsistency in the system of rural economic and social development, serious lack of financial resources, and low levels of management in rural financial institutions. To tackle these problems, we have to first recognize the significance of rural financial system reforms from a strategic point of view, and then we need to set up a proper framework for rural financial reforms and let the government play a leading role in rural financial reform and development.

Suggested Citation

  • Zhao Yi, 2006. "The Main Problems and Countermeasures of China's Rural Financial System," Chinese Economy, Taylor & Francis Journals, vol. 39(2), pages 57-70, April.
    • Handle: RePEc:mes:chinec:v:39:y:2006:i:2:p:57-70
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    Cited by:

    1. Mushtaq, Shahbaz & Khan, Shahbaz & Dawe, David & Hanjra, Munir A. & Hafeez, Mohsin & Asghar, Muhammad Nadeem, 2008. "Evaluating the impact of Tax-for-Fee reform (Fei Gai Shui) on water resources and agriculture production in the Zhanghe Irrigation System, China," Food Policy, Elsevier, vol. 33(6), pages 576-586, December.
    2. James Alm & Yongzheng Liu, 2013. "Did China's Tax-for-Fee Reform Improve Farmers' Welfare in Rural Areas?," Journal of Development Studies, Taylor & Francis Journals, vol. 49(4), pages 516-532, April.

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