Structure of Financial Institutions and Economic Growth in Rural Areas

Abstract

Empirical analysis on the structure of financial institutions and economic growth in rural areas after China's reform and opening for 26 years shows that it is urgent to reform the financial institutions.The development of decentralization and diversification of rural finance cannot meet the requirements of promoting economic growth in rural areas.Agricultural socialized service system should take centralized system of Chinese rural financial system as the basic mode,including services for each stage before,during and after production.