Knowledge of 2020 Agricultural Economic Test Site for Intermediate Economists: The Meaning and Characteristics of Rural Finance
(A) the meaning of rural finance
Finance means financial intermediary. Rural finance is an activity to organize and adjust funds in areas that focus on agricultural production, including agricultural small and medium-sized enterprises and other non-agricultural production and operation activities. Rural finance is the financing of rural monetary funds, which refers to the activities of raising, distributing and managing rural monetary funds through credit means.
Conceptual differences:
Rural finance: financial services provided to or used by people of all income levels and economic activities in rural areas.
Agricultural finance: a rural financial service activity that provides financing services for various activities related to agricultural activities. Such as providing loans to farmers who buy fertilizers and market-oriented crops, or providing insurance to meet the specific needs of farmers and agricultural workers.
Microfinance: providing credit services to the poor and low-income people in rural areas, including low-income people in agricultural finance and rural financial activities.
(B) the characteristics of rural finance
① Wide coverage: involving both agriculture and rural industry and commerce; It involves rural areas and urban areas.
(2) High risk: vulnerable to natural disasters, which is the instability of agricultural production; Rural monetary funds have slow production turnover and long circulation time.
(3) Strong policy: the state leans towards agriculture in terms of policy and financial support; Rural finance must work closely around the national agricultural development policies and objectives.
④ Difficult management: unstable agricultural production and unbalanced capital demand bring difficulties to rural financial management.
Other characteristics different from ordinary finance
(1) Lenovo is very risky: it is easily influenced by some * * * same factors, which are interrelated and show the changing characteristics of * * *.
② The average household payment/savings scale is very small.
③ Lack of traditional mortgage projects.
(4) Decentralized and segmented market.
⑤ Strong seasonality.
⑥ Subsidized credit support: This is related to the inherent fragility of the rural market.
⑦ The infrastructure is very poor.