TITLE:
Impact of Agricultural Financial Support on Agricultural Economic Development in South China
AUTHORS:
Xingsheng Song, Zhuolin Xiao, Yuzhou Wu, Xuebin Yang, Canlan Liao, Guishan Xie
KEYWORDS:
Rural Finance, Rural Economic Growth, Agricultural Economic Development
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.2,
February
20,
2019
ABSTRACT: Aim: In order to establish and improve the rural financial system and solve the problem of insufficient funds in rural areas, to push forward and promote the development of agricultural economy, rural construction and farmers’ income. Results: Due to the influence of various factors, there are many problems in the development of rural finance in China. Not only are there few funds and networks, but also there is a big gap between financial products and services and urban finance. The problem of difficult loans for small and mediumsized enterprises and ordinary farmers in rural areas is very prominent, and the gap in rural capital deposit and loan is very serious. A large number of rural capital outflows cannot effectively support the development of agricultural economy. Conclusion: At the same time, the problems and deficiencies in the development of rural finance in Guangdong Province are found out, and the corresponding policy recommendations are put forward to provide ideas and reference for the improvement and perfection of the rural financial system in Guangdong and even the whole country, the rapid and healthy development of rural finance, and the enhancement of rural finance support for agricultural development.